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OYO CHINA
OYO Hotels & Homes strengthens its global leadership teamAmong those who have been promoted and hired are Ayush Mathur who is now the chief supply officer (Global), Ankit Mathuria as Chief Technol...- SoftBank partners with Oyo in Latam in move for more oversightSoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...
- Oyo to sack 5,000 worldwide as business catches a coldThe Covid-19 outbreak, which has ravaged the world's second-largest economy, has hit the hotel room aggregator's operations in China, Oyo g...
- Chinese media goes to town on Oyo layoffs, company denies itNews reports say firm sacked about 1,000 employees at its subsidiary Oyo Jiudian.
- Oyo crosses 5 lakh room inventory in China, to invest $100 mn in two yearsWithin a span of around one and a half year of operation in China, Oyo Hotels and Rooms has expanded its presence to over 337 cities and 5 ...
- Oyo sees space for a global hospitality property fundOyo is in talks with asset management companies to come on board as co-manager of the fund
- Oyo China partners travel portal CtripBoth companies to collaborate across multiple areas of business.
- OYO enters into a strategic partnership with CtripThe partnership will enable Ctrip to leverage Oyo's 'volume of low-cost assets' while OYO will benefit from Ctrip’s distribution network an...
- OYO China fires 25 employees for unethical practices; issues warning to 110 moreForms an integrity committee to ensure compliance across levels, and further build on corporate governance in the company
- Airbnb checks into Oyo with $75 m in towThe investment brings to an end Oyo’s nearly $1.1-billion Series-E funding round that saw participation from SoftBank Vision Fund, Didi Chu...
- Oyo in talks to acquire China’s QianyuThe developments come at a time when Oyo has referred to China as its second home market and has said that its Chinese subsidiary, Oyo Jiud...
- Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
- OYO bulks up international leadership with key hiresThe company is bringing on board Sam Shi as its chief operating officer (COO) for OYO Jiudian, its Chinese subsidiary, which over the past ...
- After China foray, OYO looks to check in to JapanThe move also comes less than year after OYO entered China in December last year, a geography that it has identified as a core market, alon...
- How Ritesh Agarwal's OYO scaled the great wall of ChinaAlmost 10 months after its China debut, OYO operates over 50,000 rooms across 50 cities in the country.
- China’s Didi Chuxing may back OyoSome investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
- Oyo’s valuation set to cross $4 billion in new roundOyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.
- Tencent may back Oyo with $2 billion tagSources briefed on the matter said Oyo has held discussions with other Chinese strategics and a few financial investors as well for the fun...
- OYO may ride on SoftBank JV to make inroads into ChinaSoftBank's Son, who has ploughed billions into India’s startup ecosystem, said OYO was growing “exponentially” and heaped praise on its fou...
- China Lodging Group inks MoU with Oyo, invests $10 millionOyo had recently raised $250 million in a funding round led by Softbank Vision Fund.
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