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Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year. SoftBank has balked at the proposed timing and ...
May 2 (Reuters) - Indian budget hotel chain Oyo is delaying its third IPO attempt amid opposition from largest shareholder SoftBank and market volatility, aiming to now list by March 2026 at a ...
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round, multiple sources told TechCrunch. The Gurugram-headquartered ...
Oyo’s significantly reduced valuation could imply a delay in IPO plans until market conditions and investor confidence improve. Hospitality company Oyo, once a beacon of India's startup ...
Based in Gurgaon in northern India, Oravel Stays operates hotels under the OYO brand, and says that the G6 companies will remain separate. "This acquisition is a significant milestone for a ...
Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India’s Oyo Hotels is speeding up plans for an initial ...
Oyo will pay $525 million in an all-cash deal. By John Koblin Motel 6, the budget hotel chain that has lined American highways for decades, will be sold to Oyo, an India-based hotel operator ...
As Oyo keeps pushing forward in Europe, snapping up Checkmyguest and its affiliates drives home the company’s determination to carve out a spot in the global vacation rental market. Looking to ...
It all started in early January, when OYO Rooms issued “new check-in directives” for its partner accommodations in the northwestern city of Meerut, about 50 miles (80 kilometers) from Delhi ...