GOOG - MakeMyTrip: Dominant Market Share Fastest Growing Major Economy South Asia Tourism Boom - 12% Upside Opportunity
Founded in 2000 to serve the travel needs of the US-based Indian community, MakeMyTrip (NASDAQ: MMYT) has evolved into a leading travel company providing a comprehensive range of travel and travel-related services through its websites www.makemytrip.com, www.gobibo.com, and www.redbus.in and mobile platforms. Through a bouquet of acquisitions, CEO Deep Kalra has consolidated market share to transform a small start-up to a one-stop shop for all domestic and international travellers in India.
Business overview
Air Ticketing- MMYT earns commissions from airlines for tickets booked by customers through their distribution channels, with no