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Spring Festival China Travel Demand to Surge $TCOM $CTRP $HTHT

Spring Festival China Travel Demand to Surge $TCOM $CTRP $HTHT
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Qatar Airways expands its NDC Distribution as it partners with TPConnects

Qatar Airways has certified TPConnects Technologies as its technology partner enabling travel service providers to seamlessly integrate with Oyrx Connect, the ....

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EaseMyTrip, an online travel aggregator, is set to launch its ₹510 crore IPO on March 8, 2021

INTERVIEW: Bootstrapped online travel aggregator EaseMyTrip makes its way to the public markets
Sanchita DashMar 4, 2021, 13:11 IST
EaseMyTrip foundersBCCL
EaseMyTrip, an online travel aggregator, is set to launch its ₹510 crore IPO on March 8, 2021
The 13-year old company has never raised money from private equity investors.
EMT claims to have achieved profitability and calls itself “the only profitable company among key OTAs in India”.In December last year, during the COVID-19 pandemic when tourism had come to a standstill, US-based online accommodation aggregator Airbnb made its market debut and exceeded expectations. The success of Airbnb has definitely come as a source of strength for travel and tourism players across the globe, including Indian online travel aggregator EaseMyTrip. ....

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Flipkart In Talks To Acquire Majority Stake In Online Travel Aggregator Cleartrip: Report

Flipkart In Talks To Acquire Majority Stake In Online Travel Aggregator Cleartrip: Report
Flipkart office in Bengaluru. (Photo by Hemant Mishra/Mint via Getty Images)
Walmart backed e-commerce giant Flipkart is said to be in discussions to acquire a controlling stake in online travel aggregator platform Cleartrip as it looks to expand its offerings further in India,
Moneycontrol.
If materialised, the deal will position Flipkart as a competitor to players like MakeMyTrip, Yatra, Booking.com and EaseMyTrip among others. This gains significance as it comes at a time when the domestic economy is rising back again.
âNegotiations are on and the proposed deal is for the sale of a majority stake in Cleartrip,â one of the persons with knowledge of the matter was quoted by ....

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