China's Ctrip invests $180m in India's MakeMyTrip
Ctrip, a listed travel services firm based in China, has agreed to invest $180 million in MakeMyTrip, India's largest online travel agency.
Ctrip will make its investment through the purchase of MakeMyTrip's convertible bonds. In addition, according to a statement, Ctrip will have permission to buy shares in MakeMyTrip on the open market,...
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