Dubai's Wego To Acquire Cleartrip's Me Business

The video discusses a major acquisition in the travel industry, focusing on the value and strategic importance of the deal. It highlights growth projections, market potential in the MENA region, and the shift towards online bookings post-COVID. The company plans to focus on integrating the merger and exploring further acquisitions. Additionally, there is an emphasis on hiring, particularly in technology, to enhance their product offerings and reduce booking complexities.

What was the annual travel booking value for Cleartrip's Middle East business before COVID?

• $1 billion

• $2 billion

• $3 billion

• $4 billion

What growth rate did the company achieve between 2014 and 2019?

• 50% compound average growth rate

• 40% compound average growth rate

• 30% compound average growth rate

• 45% compound average growth rate

What percentage of travel bookings in the MENA region are currently made online?

• 30%

• 50%

• 40%

• 20%

What is the company's focus for the next 12 months?

• Launching new products

• Integrating the merger and realizing synergies

• Expanding into new markets

• Reducing workforce

In which area is the company particularly looking to hire new talent?

• Finance

• Marketing

• Technology

• Customer Service