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MAKEMYTRIP LIMITED (MMYT) Q4 2021 Earnings Call Transcript


Operator
Good day, and thank you for standing by. Welcome to the MakeMyTrip Limited Fiscal 2021 Fourth Quarter and Full Year Earnings Call.
[Operator Instructions]
I would now like to hand the conference over to your speaker today, Jonathan Huang, Vice President of Investor Relations at MakeMyTrip. Please go ahead.
Jonathan Huang
Vice President of Investor Relations
Thanks, Catherine. Welcome everybody to MakeMyTrip Limited s fiscal 2021 fourth quarter and full year earnings call. I d like to remind everyone that certain statements made on today s call are considered forward-looking statements within the meaning of the safe harbor provision of the US Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance, are subject to inherent uncertainties, and actual results may differ materially. Any forward-looking information relayed on this call speaks only as of this date. Company undertakes no obligations to ....

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Global Mobile Travel Booking Market Report 2021-2029 Featuring CheapOair Ctrip, Expedia, Hostelworld, Hotel Urbano Travel, MakeMyTrip, Priceline, Thomas Cook, Tourism SA, Trip Advisor, and Trivago


Increasing smartphone penetration is driving the mobile travel booking market
Globally, the mobile travel booking market is expected to grow with a CAGR of 12.2% during the forecast period from 2021 to 2029, starting from US$ 1,067.3 Mn in 2020.
The growth of the market is attributed to the increasing adoption of the smartphone across the globe. The number of the smartphone users worldwide has significantly increases over the past five years. The number of smartphones has increased from 1.57 Bn in 2014 to 2.53 Bn in 2018. This increase is mainly driven by the decline in the price of the smartphones and increasing competition among the market players. ....

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Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip


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Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip
Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip
Navdeep YadavMar 8, 2021, 11:17 IST
BCCL
The ₹510 crore IPO of EaseMyTrip is now open for public subscription.
The best thing about the travel aggregator is the cost-conscious model that sets it aside from other travel aggregators in India.
Being bootstrapped, the management of the company has tended to be extremely cost-conscious, and this has enabled them to be profitable since inception, said a Ventura report.
According to Choice Broking, Easy Trip has been profitable since its inception and is the only profitable company among the key OTAs. ....

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EaseMyTrip IPO is set to open on Monday — price band for the issue set at ₹186 to ₹187 per share


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EaseMyTrip IPO is set to open on Monday price band for the issue set at ₹186 to ₹187 per share
EaseMyTrip IPO is set to open on Monday price band for the issue set at ₹186 to ₹187 per share
Navdeep YadavMar 3, 2021, 14:27 IST
Co-Founder and CEO, Easy Trip Planners Pvt. Ltd., Nishant Pitti BCCL
The IPO of EaseMyTrip will open on March 8 and remain open till March 10.
The company has set the price band for the issue at ₹186 to ₹187 per share.
The OTA offers a range of products and services for end-to-end travel solutions, from airline tickets to rail tickets and bus tickets to taxis, holiday packages, and much more. ....

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