Articles tagged “makemytrip”

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Sean O'Neill, Skift

India has many homegrown online travel players, but only a couple will thrive. MakeMyTrip will be one of the survivors, but it may take until 2022 for it to achieve profitability. Expect it to make more acquisitions and investments to consolidate market share.

2 months ago

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

Sean O'Neill, Skift

The online travel market in India is ripe with opportunity. But competition is brutal. In response, MakeMyTrip has recently debuted loyalty programs and technological upgrades to entice well-heeled customers to choose it over the discounters.

6 months ago

Travelport Signs MakeMyTrip Deal as the India Online Travel Agency Diversifies Its Distributors for Now

Travelport Signs MakeMyTrip Deal as the India Online Travel Agency Diversifies Its Distributors for Now

Sean O'Neill, Skift

Travelport's distribution deal with India's largest online travel agency suggests that it can punch above its weight. But Travelport still faces a struggle against its much larger competitors.

8 months ago

MakeMyTrip Puts a Brave Face on Booking.com Encroachment

MakeMyTrip Puts a Brave Face on Booking.com Encroachment

Sean O'Neill, Skift

In India, market leader MakeMyTrip is betting on a multi-pronged strategy to defend itself against the intrusion of Booking.com on its turf. Execution matters. But so does the patience of MakeMyTrip's key backer, Ctrip.

8 months ago

Ctrip Says a Regulatory Mandate Didn’t Get in the Way of Growth

Ctrip Says a Regulatory Mandate Didn’t Get in the Way of Growth

Sean O'Neill, Skift

China's largest online travel company says that it has changed its practices for upselling customers to comply with a consumer watchdog's request. The hiccup shouldn't knock Ctrip off its growth stride.

12 months ago

The Details Behind the Merger of MakeMyTrip and Goibibo, India’s Largest OTAs

The Details Behind the Merger of MakeMyTrip and Goibibo, India’s Largest OTAs

Nikhil Pahwa, Medianama

One wonders about what might happen next to Olx, which is locked in a battle with another classifieds space: Quikr. Is it too unreasonable to think that Naspers might consider merging Olx with Quikr, in exchange for equity? Perhaps it is.

2 years ago

Interview: OYO Rooms CEO on Reinventing Hotel Distribution

Interview: OYO Rooms CEO on Reinventing Hotel Distribution

Dennis Schaal, Skift

OYO Rooms founder believes that the future of travel is brands becoming their own distributors, which is, of course, every brand's dream. It may turn out to be true for super brands in isolated cases but it would be a very fragmented and unsatisfying user experience. There is a lot of convergence going on but the mammoth online travel agency sector isn't checking out anytime soon.

2 years ago

MakeMyTrip Acquires Trip-Planning Startup MyGola

MakeMyTrip Acquires Trip-Planning Startup MyGola

Dennis Schaal, Skift

MyGola had a creative product but struggled to find an audience and to monetize it. It appears as though MakeMyTrip will now use MyGola to focus on travel inspiration and in-destination activities for the Indian traveler.

3 years ago

MakeMyTrip Wins Temporary Reprieve in Copyright Dispute

MakeMyTrip Wins Temporary Reprieve in Copyright Dispute

Victoria Slind-Flor, Bloomberg

Knock-off companies should be more creative in their theft of intellectual property, don't you think?

3 years ago

Interview: MakeMyTrip CEO on Keeping Bookers on Smartphones

Interview: MakeMyTrip CEO on Keeping Bookers on Smartphones

Dennis Schaal, Skift

Rather than working on making it easier for Indian travelers to transition easily between various devices, MakeMyTrip is focusing on keeping consumers on smartphones, and solving the clunkiness of the payment process on mobile. It's a bet that is India-specific, but might be instructive for some other parts of the developing world.

4 years ago

MakeMyTrip Seeks to Raise $110 Million for Expansion and Acquisitions

MakeMyTrip Seeks to Raise $110 Million for Expansion and Acquisitions

Sainul K Abudheen, techcircle.in

MakeMyTrip's air-ticket business has been struggling and it hopes to use the fund infusion to expand its product mix and markets.

4 years ago

MakeMyTrip Acquires European Hotel Booking Site

MakeMyTrip Acquires European Hotel Booking Site

Dennis Schaal, Skift

There are exceptions, but nearly all of the booking sites want to increase their hotel mix because the margins are higher than for airline tickets. MakeMyTrip's acquisition of EasyToBook can be seen in this context.

4 years ago