Online travel portal MakeMyTrip to buy rival ibibo Group
India-based travel website operator MakeMyTrip Ltd said it would buy rival ibibo Group to capture a larger share of the rapidly growing travel industry in India.
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New Delhi: India-based travel website operator MakeMyTrip Ltd said it would buy rival ibibo Group to capture a larger share of the rapidly growing travel industry in India.
Ibibo, owned by South Africa-based technology group Naspers Ltd and China`s Tencent Holdings Ltd, operates brands such as goibibo and redBus.