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Asia/Singapore Friday, 19th April 2024
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Oyo launches home rental model in Japan through Yahoo JV

India-based franchising and hospitality company Oyo has forayed into Japan's housing rental market through a joint venture with Yahoo Japan Corporation to form Oyo...

Oyo receives US$100 million boost from Didi Chuxing

Chinese ride-hailing giant Didi Chuxing has pumped US$100 million into India hospitality company Oyo. The latest investment, which continues to value Oyo at about US$5...

Oyo threatens legal action against hotels over bookings boycott

Oyo, which is facing threats of boycotts from certain hotel owners, has hit back with a warning of its own, saying it will take...

Aditya Ghosh to take mantle as Oyo’s India and South Asia...

Oyo Hotels & Homes has appointed Aditya Ghosh as CEO of India and South Asia, effective December 1, 2018. Reporting to Ritesh Agarwal, founder &...

Oyo Hotels enters Indonesia with US$100m in investment war chest

Oyo Hotels is planning to invest US$100 million in Indonesia and expand its presence to over 35 cities by 2019. The India-based budget chain will...

Tencent eyes investment in Indian budget hotel chain Oyo

China's Internet giant and owner of WeChat, Tencent, is in talks to lead a funding round in Indian budget hotel chain, Oyo Rooms, the Times of India reports.

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