MakeMyTrip set to upset e-commerce order

Along with ibibo, it clocked air travel and hotel bookings worth $1 billion in April-June quarter

Flipkart and Amazon, the two dominant players in the Indian e-commerce world, are now facing competition from MakeMyTrip — as far as the pecking order is concerned.

In the April-June quarter this year, the travel portal — which has merged with rival ibibo — has done air travel and hotel bookings worth $1 billion (about Rs 6,400 crore). If it can keep up the momentum, its annual figure could stand at $4 billion (about Rs 25,600 crore). According to the latest numbers, Flipkart’s annual gross merchandise value (GMV) is $6 billion (about Rs 38,400 crore); for Amazon, it about $3.2 billion