EaseMyTrip just dropped some major news, and the market is loving it! π The company announced an exclusive partnership with PhonePe, allowing PhonePe users access to sick hotel deals and special offers on their app. This means more convenience and even more travel perks for millions of Indians, all in one place. π
After this announcement, EaseMyTrip shares jumped 5.54% to βΉ36.22 on September 26, 2024. Talk about some good vibes on the stock market! ππ₯
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π Whatβs the Big Deal? Cabs & Activities Coming Soon Too! ππ²
Not only are hotels hitting PhonePe, but EaseMyTrip is also rolling out “Activities” and “Cabs” in the future. Whether youβre booking a cool experience or catching a ride, theyβve got you covered! This move is all about expanding their footprint and offering a more holistic travel experience. ππ
EaseMyTrip co-founder Rikant Pittie says it best: “This partnership is a major step in making travel more accessible and convenient for millions across India.” Basically, theyβre looking to make our lives easier, and weβre here for it! ππΌ
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π₯ Why Are the Shares Poppin’? πΈπ
After the exclusive partnership hit the news, the shares of EaseMyTrip shot up to βΉ36.22βjumping 5.54% in just a few hours! Thatβs a whole lot of hype, and it’s clear investors are excited about this new chapter. π₯π
But thereβs moreβjust a day earlier, there was a massive block deal where promoters offloaded shares worth βΉ176.5 crore. This deal had some market impact, but the PhonePe partnership news brought back that bullish energy in no time! π
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π The Future Looks Bright: Hereβs What You Can Expect π
EaseMyTrip is not just settling for being an online travel portalβthey’re partnering up with major platforms like PhonePe and expanding their services to stay ahead of the game. π― And with competitive pricing, flexible booking, and hassle-free cancellations, PhonePe users are about to get hooked on these sweet travel deals! ποΈ
This partnership is setting the stage for more growth, and with the stock already flying high, there’s no stopping this ride anytime soon! π
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TL;DR? EaseMyTrip just made a major move by teaming up with PhonePe, and their stock is climbing fast! Expect more travel convenience, killer deals, and a ton of excitement coming your way.
π Stay tuned for more updates! π₯