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In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. [15] In the same month, it invested $5 million in a startup called Bona Vita. [16] In January 2016, the China-based travel booking company Ctrip agreed to invest $180 million in MakeMyTrip. [17]
Founded in 2004, the US Travel Insurance Association (UStiA) is a United States, registered 501(c) non-profit association of companies involved in the development, sales, marketing or implementation of travel insurance and related products and services; plus U.S. travel insurance carriers, third-party administrators and allied businesses that develop, administer and/or market travel insurance ...
The company was founded as Ctrip.com by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. [6] [7]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.
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Etraveli Group AB is group of online travel agency websites servicing both the business-to-business and retail travel markets, primarily in Europe and primarily serving to Booking.com. It operates subsidiaries GoToGate, MyTrip and Seat24. The group is based in Sweden and its largest market is in Europe. [3]
A travel website is a website that provides travel reviews, trip fares, or a combination of both. Over 1.5 billion people book travel per year, 70% of which is done online. Over 1.5 billion people book travel per year, 70% of which is done online.
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In October 2016, India based online travel company MakeMyTrip, a Nasdaq listed firm and ibibo Group, [15] India's largest travel group agreed to merge in a stock transaction, to form the country's biggest online travel company. [16] [17] Both these online platforms have AI-powered chatbots named Myra and Gia respectively. [18]