Travel

MakeMyTrip To Pay $3 Bn To Repurchase Stake: Trip.Com Group

Published

7 months ago

June 25, 2025

INC42

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SUMMARY

Trip.com expects the transaction to be completed by early July 2025, adding that it will retain ownership of nearly 16.90% stake in MakeMyTrip’s post the deal

Just last week, MMT raised $3.1 Bn to repurchase a portion of its Class B shares from Trip Group

This comes a month after rival EaseMyTrip’s cofounder Nishant Pitti alleged that MMT may expose the data of Indian soldiers who use the platform due to its Chinese ownership

Nasdaq-listed online travel aggregator (OTA) MakeMyTrip (MMT) will pay nearly $3 Bn to…