Search results for “OYO”
Hotel giant OYO looks to rewrite contracts that fueled its rise
03/30/2020|6:38:14 PM|
OYO is ending the practice of minimum guarantees and instead is rolling out new contracts to raise fees charged to the hotels.
OYO raises $807 million from SoftBank and RA Holdings
03/18/2020|11:47:26 AM|
This round will value OYO at $7.7 billion.
OYO China operations are on the brink of collapse
03/12/2020|3:32:29 PM|
OYO China has slashed around 7,000 jobs with a current head-count at 2,734.
Competition Commission orders detailed probe against MakeMyTrip, OYO
02/27/2020|3:54:37 PM|
Treebo has alleged that MakeMyTrip's vertical integration with OYO creates significant barriers of entry given the network effects.
OYO falls short in Japan
02/25/2020|4:45:31 PM|
Despite wanting to be perceived as a tech startup, OYO is closer to a traditional hospitality company, where there is a linear dependency on staff and infrastructure.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
OYO sees signs of recovery in China after coronavirus outbreak
03/26/2020|3:49:44 PM|
Agarwal’s comments come as a rise in imported coronavirus cases and the lifting of restrictions on movement in some cities in China.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020|10:26:24 AM|
Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
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