The deal will be the single largest investment by a Chinese internet company in an Indian one till date, exceeding Alibaba Group’s close to $1.2 billion in mobile payments company Paytm and its e-commerce unit Paytm Mall.
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China’s Ctrip hikes stake in MakeMyTrip fivefold to 49%
China’s Ctrip hikes stake in MakeMyTrip fivefold to 49%
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