Tue, Apr. 21, 3:53 PM
- MakeMyTrip (NASDAQ:MMYT) is acquiring Mygola.com, an Indian developer of iOS and Android apps that provides info about more than 20K destinations worldwide. Terms are undisclosed.
- MakeMyTrip: "[Mygola.com] built proprietary technology to mine the travel web, filed patents on route optimization, and collected deep metadata for millions of travel items and thousands of high-quality itineraries. It also pioneered a unique crowdsourced model for curating travel data at massive scale." The company is said to get over 500K organic unique visitors per month.
MMYT vs. ETF Alternatives
MakeMyTrip Ltd is an online travel company in India. Through its primary website, www.makemytrip.com, and mobile platforms, travellers can research, plan and book travel services and products in India as well as overseas.
Other News & PR