{"id":939441,"date":"2025-06-19T06:27:37","date_gmt":"2025-06-19T00:57:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=939441"},"modified":"2025-06-19T06:50:17","modified_gmt":"2025-06-19T01:20:17","slug":"makemytrip-plans-3-billion-buyback-chinas-trip-com-stake-to-drop-below-20","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/19\/makemytrip-plans-3-billion-buyback-chinas-trip-com-stake-to-drop-below-20\/","title":{"rendered":"MakeMyTrip plans $3 billion buyback; China\u2019s Trip.com stake to drop below 20%"},"content":{"rendered":"<p>India\u2019s largest online travel platform MakeMyTrip plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group, reducing the Chinese company\u2019s holding, it said in a regulatory filing. The fundraise will be the largest ever by a listed Indian new-age company. <\/p>\n<p>Following the buyback, Trip.com\u2019s stake in MakeMyTrip will drop to 19.99% from 45.34% currently. Its board representation will also reduce to two directors from five.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest online travel platform MakeMyTrip plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group, reducing the Chinese company\u2019s holding, it said in a regulatory filing. The fundraise will be the largest ever by a listed Indian new-age company. Following the buyback, Trip.com\u2019s stake in MakeMyTrip will drop to 19.99% from 45.34% currently. Its board representation will also reduce to two directors from five.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-939441","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=939441"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939441\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=939441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=939441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=939441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}