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Search results for “Softbank”
OYO projects losses in China, India until 2022
11/28/2019
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9:52:12 AM
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OYO’s China unit could post a $394.9 million profit in 2022, which could then grow to $1.65 billion by 2024, the projections showed, implying a four-fold jump in net profit in two years.
RedDoorz: The unlikely David to OYO’s Goliath in Southeast Asia
10/29/2019
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6:21:44 PM
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By the end of 2020, RedDoorz is looking to triple its inventory—from the present 1,500 properties to 4,500.
Uber's biggest rival in India gets $1.1 billion from Tencent, SoftBank
10/11/2017
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2:12:30 PM
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Ola, Uber's fiercest rival in India, has raised $1.1 billion from investors including Chinese internet giant Tencent and Japan's SoftBank.
From sleepless in Singapore to $70 million for cut-rate hotels
08/19/2019
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11:41:04 AM
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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.
India's dark horse hotelier Oyo to invest USD600 million in China
07/18/2019
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12:03:47 PM
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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.
China's Didi seeks to raise up to $2 billion amid Uber revival
07/18/2019
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11:54:43 AM
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After the cash is injected from this round, the company is likely to have a paper valuation of around $62 billion.
Transport app FlixMobility gets Germany's biggest tech funding round to drive growth
07/19/2019
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3:14:45 PM
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The proceeds will be used to launch operations in Latin America and Asia, and to build a car-pooling service.
Oyo eyes $10bn valuation in new $1bn funding round
06/13/2019
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9:50:37 AM
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If the deal goes through, it will make Oyo the most valued startup along with Paytm.
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