MakeMyTrip, Oyo add five years to agreement

|About: MakeMyTrip Limited (MMYT)|By:, SA News Editor

MakeMyTrip (NASDAQ:MMYT) and Oyo's Hotels and Homes have extended their commercial agreement for five more years, according to The Economic Times sources.

Oyo will reportedly pay a 15% to 25% commission to MakeMyTrip for MMYT's two main booking platforms to exclude Oyo competitors Treebo Hotels and Fab Hotels.

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