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OYO JIUDIAN
Everyone's favourite startup Oyo is hit hard by hyper growth, a supposed toxic work culture. Can it hit refresh?When Oyo was everyone’s favourite startup, there would be regular reports of the company aggressively entering newer markets. In the last t...- Oyo plans to lay off sales staffAbout 60 salespeople in Oyo’s New Delhi and Gurgaon offices were the first to be fired and got their letters on Monday.
- 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 commits $300 million investment in the US for growthCompany says it now operates 50-plus properties in 35 cities across 10 states, and will enter New York, Los Angeles and San Francisco next.
- Oyo's Chinese arm to up inventory to 500,000 rooms, list on CtripChina, Indonesia, UK big growth markets, says Oyo global chief strategy officer.
- 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 claims to be second-largest hotel group in ChinaOYO Jiudian, the Chinese subsidiary of the SoftBank-backed hospitality chain, said it is now present in 320 cities.
- 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 $200 m in towIndian hospitality co also likely to list its properties on Airbnb’s platform.
- 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 ...
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