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SoftBank

OYO
Investment News 

OYO steps up plans to resurrect IPO in early 2023

22nd September 202222nd September 2022 Paul Stevens Bornholmske Feriehuse, Direct Booker, EBITDA, IPO, Oyo, OYO Vacation Homes, Ritesh Agarwal, SoftBank

India: Hospitality chain OYO is reportedly ready to resurrect its plans to debut on the stock market through an initial public offering [IPO] by as early as January 2023.

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OYO
Investment News 

OYO rumoured to be revising 2022 IPO plans

21st March 202220th March 2022 Paul Stevens Ankit Gupta, Ankit Tandon, Dr Mandar Vaidya, India, IPO, Oyo, Rohit Kapoor, SoftBank

India: SoftBank-backed lodging startup OYO is considering revising its planned initial public offering [IPO].

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OYO
Investment News 

OYO targets $9bn valuation before imminent IPO

18th January 2022 Paul Stevens India, IPO, Oyo, Ritesh Agarwal, SoftBank

India: Hospitality chain OYO has reportedly set a target valuation of $9 billion for its upcoming initial public offering [IPO].

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Cloudbeds
Investment News 

Cloudbeds raises $150m to support rapid company growth

3rd November 202110th November 2021 Paul Stevens Adam Harris, Andrew Zloto, Cloudbeds, Richard Castle, SoftBank

US: San Diego-based SaaS company Cloudbeds has announced that it has raised $150 million in Series D funding from new

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SoftBank
News Supplier 

SoftBank executives to prop up OYO’s ailing Japanese business

21st August 2020 Paul Stevens Masayoshi Son, OYO Japan, Ryoma Yamamoto, SoftBank

Japan: SoftBank Group Corp. has appointed two executives to prop up OYO in Japan, one of the prized startups in

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residential
Marketing and distribution News 

OYO to combine hotel and residential divisions in Japan

15th July 2020 Paul Stevens Japan, OYO Hotels, OYO Japan, OYO Life, Prasun Choudhary, SoftBank

Japan: SoftBank-backed hospitality chain OYO is to merge its short-term residential and hotel divisions in Japan in the latest stage

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OYO
Marketing and distribution News 

OYO announces further furlough round and 25 per cent pay cuts

23rd April 202029th April 2020 Paul Stevens Coronavirus, furloughs, leave, Oyo, Ritesh Agarwal, Rohit Kapoor, SoftBank

India: Just a fortnight after placing the majority of its employees, or “Oyopreneurs”, on furlough or temporary leave in the

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layoff
News Supplier 

OYO announces layoff round in India and China

10th January 20204th May 2020 Miles Hurley China, India, Layoffs, Oyo, SoftBank, Son

India: Franchised short-term rental and hotel startup OYO has announced a significant layoff round, letting go of thousands of their

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SoftBank
Investment News 

SoftBank and OYO acquire 80 per cent stake in MDI

1st October 20195th May 2020 Paul Stevens Masayoshi Son, MDI, SoftBank, WeWork

Japan: SoftBank Group and Indian short-term rental and hotel startup OYO have acquired an 80 per cent stake together in

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