SoftBank and OYO acquire 80 per cent stake in MDI

Reading Time: 2 minutesJapan: SoftBank Group and Indian short-term rental and hotel startup OYO have acquired an 80 per cent stake together in Japanese rental apartment operator MDI. According to one source reportedly close to the deal, the acquisition cost over $100 million though OYO has declined to comment on the price and the stake in the joint […]