{"id":939730,"date":"2025-06-19T09:20:24","date_gmt":"2025-06-19T03:50:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=939730"},"modified":"2025-06-19T10:02:52","modified_gmt":"2025-06-19T04:32:52","slug":"makemytrip-to-raise-over-usd-2-5-billion-to-cut-chinese-firm-trip-coms-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/19\/makemytrip-to-raise-over-usd-2-5-billion-to-cut-chinese-firm-trip-coms-stake\/","title":{"rendered":"MakeMyTrip to raise over USD 2.5 billion to cut Chinese firm Trip.com&#8217;s stake"},"content":{"rendered":"<p>New Delhi: Travel booking major MakeMyTrip has announced a fundraise of over USD 2.5 billion through the sale of shares and convertible bonds with the objective of significantly reducing China-based Trip.com Group&#8217;s stake in the company, according to filings with NASDAQ. <\/p>\n<p>The Gurugram-headquartered NASDAQ-listed firm plans to use the net proceeds from the offering, as well as from the Concurrent Notes Offering, to repurchase a portion of its Class B shares previously acquired by Trip.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Travel booking major MakeMyTrip has announced a fundraise of over USD 2.5 billion through the sale of shares and convertible bonds with the objective of significantly reducing China-based Trip.com Group&#8217;s stake in the company, according to filings with NASDAQ. The Gurugram-headquartered NASDAQ-listed firm plans to use the net proceeds from the offering, as well as from the Concurrent Notes Offering, to repurchase a portion of its Class B shares previously acquired by Trip.com.<\/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":[20,44,4],"tags":[],"class_list":["post-939730","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-it-2-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939730","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=939730"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939730\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=939730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=939730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=939730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}