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
Read more
SoftBank
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
Read more
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
Read more
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
Read more
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
Read more