OYO purchases Direct Booker in $5.5m transaction
Croatia: Indian hospitality unicorn OYO has announced the acquisition of Dubrovnik-based vacation rental franchise agency Direct Booker for $5.5 million.
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OYO rumoured to be revising 2022 IPO plans
India: SoftBank-backed lodging startup OYO is considering revising its planned initial public offering [IPO].
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OYO targets $9bn valuation before imminent IPO
India: Hospitality chain OYO has reportedly set a target valuation of $9 billion for its upcoming initial public offering [IPO].
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OYO set to file for $1.2bn IPO next week
India: SoftBank-backed hospitality startup OYO is preparing to file for its long-awaited initial public offering [IPO] as soon as next
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Microsoft confirms OYO investment to digitally transform travel industry
India: Microsoft and travel technology company OYO have announced that they have entered a multi-year strategic alliance to co-develop next-generation
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Microsoft invests $5m in OYO at $9bn valuation
India: SoftBank-backed hospitality chain OYO has received $5 million in investment from global tech corporation Microsoft, according to a regulatory
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OYO rumoured to be edging towards $1.2bn IPO
India: SoftBank-backed hospitality chain OYO is rumoured to be edging towards an initial public offering [IPO] after hiring JP Morgan,
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Microsoft in talks to invest in OYO ahead of IPO
India: Global tech corporation Microsoft is in advanced talks to invest strategically in hospitality chain OYO ahead of a proposed
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OYO secures $660m loan after “strong” investor interest
India: Softbank-backed hospitality chain OYO has secured a $660 million loan from global institutional investors, claiming that the offer was
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Airbnb and OYO join forces for new industry organisation
India: Travel brands Airbnb, EaseMyTrip, OYO and Yatra have joined forces to form a new industry association in India to
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