China's Ctrip increases stake in MakeMyTrip to 49%, Naspers exits

China's Ctrip increases stake in MakeMyTrip to 49%, Naspers exits

Photo by rawpixel on Unsplash

China’s Ctrip, the world’s second largest online travel company, is increasing its ownership in Indian online travel company MakeMyTrip to 49 per cent, paving an exit for early investor South Africa-based media group Naspers Limited.

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