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Search results for “OYO”
Lightspeed, Sequoia rake in $400m profit from OYO share sale
12/23/2019
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5:43:55 PM
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Lightspeed made a profit of about $250 million from the sale while executives at Sequoia have taken home around $150 million.
Agoda gears up for rebound in travel in APAC region
11/10/2021
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4:23:53 PM
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John Brown, Agoda’s CEO, asserts that the company coped up with the prolonged exacting situation by being agile, through its focus on pivoting its business and building meaningful partnerships.
US cancels 1,000+ Chinese visas; Thomas Cook back in UK as OTA | Weekly Review
09/13/2020
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10:08:03 AM
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Tencent-invested OTA Tongcheng-Elong partners with LINE unit; High-end car-hailing startup secures $14.6 million in Pre-A round back by eHi Car Services.
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.
OYO CEO claims backer SoftBank isn’t trying to sway its hotel strategy
11/12/2019
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6:09:30 PM
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OYO has cut its losses “by almost 50 percent year over year” according to its CEO.
OYO, Jin Jiang lead Asia Pacific hotel supply and growth
11/04/2019
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2:45:19 PM
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OYO’s Asia-Pacific portfolio covers 952,495 rooms and as of June, the company had 500,000 rooms across 10,000 hotels in China alone.
China's Jin Jiang ranked the world's second biggest hotel group in 2019
07/28/2020
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11:51:57 PM
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Seven Chinese hotel groups made it to the global top 20 hotel groups by room number.
OYO’s Ritesh Agarwal floats Aroa Ventures to back growth-stage startups
07/30/2020
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5:04:19 PM
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Aroa Ventures invests between USD 500K and USD 5 million.
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