Oyo, Unilever join hands to enhance 'Sanitised Stays' initiativeOyo is confident that its guests will have a quality and stress-free experience with 'Oyo Sanitised Stays' with Unilever's leading home and...
14 Jul, 2020, 02.26 PM IST
Oyo is slashing footprint and headcount in virus-hit JapanThe company’s expansion proved overly aggressive and it was scaling back even before the coronavirus outbreak, slashing staff in China by a...
07 Jul, 2020, 08.51 AM IST
Oyo entices virus-stricken hotels in Japan with cashThe coronavirus outbreak has contributed to a dramatic retrenchment in China, where Oyo is cutting about half of its staff. The company is ...
14 Mar, 2020, 10.41 AM IST
Masayoshi Son’s real estate bet has some big problemsThe shortfall signals more trouble ahead for SoftBank and one of its most highly touted investments.
17 Feb, 2020, 07.05 PM IST
OYO now plans to layoff 2,000 employees, the company says it may ‘replace some candidates’19 Dec, 2019, 05.49 PM IST
Oyo eyes $10bn valuation in new $1bn funding roundThis Indian startup is now world’s sixth biggest hospitality company; majority of the revenues for the company also come outside India.
11 Jun, 2019, 11.54 AM IST
Hotelbeds & Oyo Hotels & Homes announce strategic distribution partnershipOyo will be able to distribute its hotel rooms via the wholesale channel, which operates under the name Hotelbeds name and the retail trave...
15 Apr, 2019, 03.46 PM IST
Have created over 1 lakh direct and indirect jobs in India: OYOThe company has set up 22 OYO Skill Institutes in the country for training frontline staff in every aspect of hotel management in India.
10 Apr, 2019, 04.16 PM IST
Oyo and Softbank form JV to launch hotels business in JapanOyo to hold 50% while Softbank & its Vision Fund will own 25% each.
05 Apr, 2019, 10.15 AM IST
OYO and SoftBank form JV to launch hotels business in JapanThe Japanese joint venture will see OYO holding a 50% stake, with Softbank Corp and Vision Fund owning 25% each.
04 Apr, 2019, 02.33 PM IST
OYO starts apartment rental service in JapanSoftBank-backed OYO had, in February this year, formed a joint venture (JV) with Yahoo Japan Corporation to foray into the housing rental m...
31 Mar, 2019, 02.36 PM IST
Oyo rebrands Oyo Living to Oyo LifeOyo said the adoption of the Oyo Life brand and transitioning from its previous identity has begun globally, starting with Japan.
25 Feb, 2019, 04.19 PM IST
OYO forays into Japan with a housing rental serviceThe service, called OYO Life, will be available from the beginning of next month and will be offered by OYO Technology & Hospitality Compan...
22 Feb, 2019, 05.16 PM IST
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.
14 Feb, 2019, 08.24 AM IST
OYO aims at 1 million rooms to become world's "largest" hotel chainThe company has set a target of 2.5 million rooms by 2023, its promoter Ritesh Agarwal said.
14 Jan, 2019, 07.47 PM IST
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...
09 Oct, 2018, 12.27 PM IST
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.
13 Sep, 2018, 08.38 AM IST