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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holding

With this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after MakeMyTrip faced allegations of endangering the travel data of Indian army personnel due to its Chinese shareholding.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/makemytrip-raises-3-1-billion-to-cut-chinese-firm-trips-holding/121985884
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