News reports say firm sacked about 1,000 employees at its subsidiary Oyo Jiudian.

Within 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 is in talks with asset management companies to come on board as co-manager of the fund

Both companies to collaborate across multiple areas of business.

The partnership will enable Ctrip to leverage Oyo's 'volume of low-cost assets' while OYO will benefit from Ctrip’s distribution network an...

Forms an integrity committee to ensure compliance across levels, and further build on corporate governance in the company

The investment brings to an end Oyo’s nearly $1.1-billion Series-E funding round that saw participation from SoftBank Vision Fund, Didi Chu...

The 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...

This investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.

The company is bringing on board Sam Shi as its chief operating officer (COO) for OYO Jiudian, its Chinese subsidiary, which over the past ...

The 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...

Almost 10 months after its China debut, OYO operates over 50,000 rooms across 50 cities in the country.

Some investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.

Oyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.

Sources briefed on the matter said Oyo has held discussions with other Chinese strategics and a few financial investors as well for the fun...

SoftBank's Son, who has ploughed billions into India’s startup ecosystem, said OYO was growing “exponentially” and heaped praise on its fou...

Oyo had recently raised $250 million in a funding round led by Softbank Vision Fund.