In the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it ...

However, Son’s presence is creating complexities for organisers of the New Delhi wedding reception. The 65-year-old, who increasingly prefe...

The Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...

SoftBank says the decision was made jointly with Oyo due to challenges brought about by the coronavirus pandemic, and that it would no long...

SoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...

Oyo has been among the hardest-hit in SoftBank’s global portfolio of sharing economy outfits. It slashed its regional presence in Japan by ...

Oyo risks turning into another problem startup for SoftBank and Son, still reeling from WeWork's meltdown.

SoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.

Oyo has also been contemplating setting up a global hospitality property fund that will acquire properties across markets and lease those t...

This comes at a time when Oyo has been looking to raise a new round at a valuation of over $10 billion.

Oyo to hold 50% while Softbank & its Vision Fund will own 25% each.

The Japanese joint venture will see OYO holding a 50% stake, with Softbank Corp and Vision Fund owning 25% each.

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...

The size of Oyo's latest funding round is half of the $500 million proposed by the Masayoshi Son-led SoftBank earlier this year.

The capital infusion is expected to be used by OYO Rooms to expand its new initiative called 'Flagship', where it controls 100% of the inve...