Trip.com expects the transaction to be completed by early July 2025, adding that it will retain ownership of nearly 16.90% stake in MakeMyTrip’s post the deal
Just last week, MMT raised $3.1 Bn to repurchase a portion of its Class B shares from Trip Group
This comes a month after rival EaseMyTrip’s cofounder Nishant Pitti alleged that MMT may expose the data of Indian soldiers who use the platform due to its Chinese ownership
Nasdaq-listed online travel aggregator (OTA) MakeMyTrip (MMT) will pay nearly $3 Bn to…