Oyo’s business model is filled with gaping voids just like WeWork, which turned out to be a spectacular bust and an embarrassing setback for Softbank when the market rejected its IPO valuation
A filing with India’s Ministry of Corporate Affairs last week revealed that burgeoning hospitality chain OYO Rooms (also known as OYO Homes & Hotels) is not expected to be profitable until 2022.
Drivezy to station 100,000 bikes and cars at OYO’s properties across India over the next three years. Bangalore-based vehicle sharing platform, Drivezy, announced a strategic business partnership with OYO Hotels & Homes, India and South Asia’s largest, China’s 2nd largest,…
It is reported that the talks between Oyo Hotels and Lovely Professional University are at an advanced stage and that the deal could be worth $200 million.
OYO Hotels and Homes, South Asia’s largest and the world’s 3rd largest and fastest-growing chain of fully-operated, franchised and leased hotels, homes, announced that within a span of 3 months
Oyo founder, Ritesh Agarwal is in the midst of buying back shares from early investors Sequoia Capital and Lightspeed Venture Partners to bulk up his ownership, said three people familiar with the matter.
OYO Hotels and Homes, the world’s sixth largest and fastest-growing chain of leased and franchised hotels, homes and living spaces, has today