MakeMyTrip and Ctrip.com growth disappoints investors two years after going public

Samantha Shankman

November 12th, 2012 at 3:37 AM EST

Skift Take

Investors had high hopes for the most popular online travel sites emerging India and China, but it looks like travelers are turning to more established American brands like Expedia and Google.

There was plenty of buzz behind MakeMyTrip (MMYT) when India's largest travel website operator went public two years ago.The stock soared 89% on its first day of trading, making it the hottest debut s

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