Indian hospitality unicorn OYO announced plans to downsize over 1,000 people in India and 600 in China as part of its restructuring and reorganisation of teams across businesses.
Tag: OYO
Oyo buys Las Vegas hotel in US expansion bid
India-based Oyo Hotels and Homes has taken over the Las Vegas Hooters Casino Hotel in what is its first property purchase in the United States.
OYO, Kunal Nayyar among Indian-origin winners at UK-India Awards
The annual UK-India Awards, which commemorate people and organisations who have had an impact on UK-India ties, saw a host of Indian expats in the limelight.
Airbnb buys into hospitality unicorn OYO in Series E investment round
Global homestay major Airbnb has invested nearly USD200 million in Gurugram-headquartered hospitality unicorn OYO. This raise is part of the Series E round, that was announced in September 2018.