Search results for “OYO”
From sleepless in Singapore to $70 million for cut-rate hotels
08/19/2019|11:41:04 AM|
RedDoorz CEO Saberwal wants to build a company with a valuation of $1 billion by next year, possibly $5 billion in two to three years, by which time he hopes to take RedDoorz public.
HOTELS 325: Jin Jiang becomes global No. 2 hotel group, OYO ranks 8th
08/02/2019|5:42:49 PM|
Marriott holds onto the top spot and Hilton dipped to No. 3 behind Jin Jiang, which leaped up the ranking after its acquisition of Radisson Hotel Group adding almost 200,000 rooms.
India's dark horse hotelier Oyo to invest USD600 million in China
07/18/2019|12:03:47 PM|
Of its USD600 million investments in China, USD100 million will go to recruitment, customer experience, quality and systemic improvements to promote Oyo's further growth.
OYO claims it has overtaken IHG as world’s third largest chain
07/11/2019|4:14:07 PM|
According to OYO, it has leapt three positions from the sixth largest chain with 636,000 rooms in April, to the third largest with 850,000 rooms in June.
OYO’s preparing to list in next 2-3 years, eyes up to $18 billion valuation
07/09/2019|1:44:36 PM|
OYO is most likely to be an overseas listing as it is not yet profitable and the US markets seem to be more receptive to such business models.
Oyo founder in talks to buy back $1.5B shares
07/09/2019|11:04:42 AM|
The move, unprecedented among leading privately held, new-age Indian startups, will help Agarwal raise his stake to around 30% from the current 10%.
OYO’s charter restricts SoftBank from acquiring over 50% without investors’ approval
07/08/2019|5:00:26 PM|
The clause was introduced in Oyo’s Articles of Association when the company raised $250 million led by SoftBank in late 2017.
One of OYO China’s eight management members resigns
07/05/2019|11:09:52 AM|
OYO’s China operation is going through a rough transition.
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