OYO steps up plans to resurrect IPO in early 2023
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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SoftBank
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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Cloudbeds raises $150m to support rapid company growth
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 executives to prop up OYO’s ailing Japanese business
Japan: SoftBank Group Corp. has appointed two executives to prop up OYO in Japan, one of the prized startups in
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OYO to combine hotel and residential divisions in Japan
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 announces further furlough round and 25 per cent pay cuts
India: Just a fortnight after placing the majority of its employees, or “Oyopreneurs”, on furlough or temporary leave in the
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OYO announces layoff round in India and China
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 and OYO acquire 80 per cent stake in MDI
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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