:
OYO posts $335 million loss in Q1 2019
Reading Time: 2 minutesIndia: Hospitality brand OYO has posted losses of $335 million for the year ending in March 2019, representing a 544 per cent loss increase from its 2018 figure of $53 million. The hospitality group claimed that most of this growth was due to the cost of international expansion, primarily into their secondary market of China. […]