Ctrip india investment
The company was founded by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. The company was listed on the NASDAQ in 2003 through a variable interest entity (VIE) based in the Cayman Islands in a Merrill Lynch-led offering, raising US$75 million from the sale of 4.2 million American depositary receipts at $18 each. It appreciated 86% to close at $33.94 per ADR in its first day of trading. The stock traded at a peak of $37.35 on its first day of trading, making it the …
Ctrip india investment
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WebJan 15, 2016 · Ctrip International recently announced its plans to invest $180 million in India’s largest OTA, MakeMyTrip. Along with this, Ctrip will also have the option of buying MakeMyTrip’s shares in... WebJun 28, 2024 · All in all, Ctrip is undoubtedly a professional, reliable and mature OTA, and it can provide users with high-efficient and effective traveling solutions. However, the lack of innovation and...
WebApr 10, 2024 · CTRP News Today Why did Ctrip.Com International stock go down today? NASDAQ:CTRP Ctrip.Com International - CTRP News Today Notice: This company has been marked as potentially delisted and may not be actively trading. Compare Today's Range $37.01 $37.91 50-Day Range $27.66 $36.57 52-Week Range $25.00 $46.50 … WebJan 5, 2015 · Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China. For more information, please …
WebAug 20, 2024 · Ctrip has acquired the additional stake in MMT in a swap deal with South Africa-based Naspers which received a 5.6% stake in Ctrip in exchange. The transaction … WebApr 26, 2024 · Ctrip’s concerns centered around a foreign company taking over a brand in India. Naspers will own about 6 percent of the Chinese travel agency’s outstanding ordinary shares after the maneuver....
WebApr 27, 2024 · In turn, Ctrip will issue its shares to Naspers, which comes to a stake of about 5.6% worth over $1.3 billion, according to the company’s current market capitalisation of $23.5 billion.
WebCtrip's 2024 annual report shows that its net income had reached $4.5 billion for the full year of 2024, a 16% rise year on year. Second, unlike the data from other platforms, data … sonic boom go team sonicWebApr 26, 2024 · Ctrip will invest certain ordinary shares and class B shares of India’s largest online travel agency group MakeMyTrip in a third-party investment entity, which will hold class B shares of ... sonic boom hack sonic retroWebNaspers announced today an exchange of its stake in MakeMyTrip Limited (“MakeMyTrip”) (NASDAQ:MMYT) for a 5.6% stake in Ctrip.com International Limited (“Ctrip”) (NASDAQ:CTRP), a well-known provider of online travel and related services headquartered in … sonic boom healthWebJan 8, 2016 · China's top OTA Ctrip invests in India's top OTA MakeMyTrip. Part of the deal, when approved, sees Ctrip getting a place on the MakeMyTrip board. Ctrip has also been given the all-clear to buy MakeMyTrip shares on the open market and will be allowed to own up to 26.6%. small hole under tongueWebApr 28, 2024 · Ctrip already held a stake in the Gurugram-based company through a $180 million investment in 2016. The company increased its ownership by entering a share swap deal with Naspers, the South African tech and internet conglomerate, which will exchange its stake in MakeMyTrip for newly issued shares in Ctrip. small holes in wood furnitureWebApr 28, 2024 · Chinese online travel company Ctrip is doubling its bet on the Indian travel market by increasing its share in the online travel site MakeMyTrip through an exchange with technology investor Naspers, according to a … sonic boom goth a bad feelingWebJan 5, 2015 · SHANGHAI, Jan. 5, 2015/PRNewswire/ -- Ctrip.com International, Ltd.(NASDAQ: CTRP), a leading travel service provider for hotel accommodation, ticketing services, packaged tours and corporate travel management in China, today announced that they have completed an investment transaction in Travelfusion by purchasing a majority … sonic boom h