Search result for OYO Rooms
OYO INDIA BUSINESS IS EBITDA POSITIVE
HIGHLIGHTS
- OYO India Business is EBITDA positive now.
- OYO expects speedy recovery in Post-COVID economy.
- OYO has now started to earn the profits that it earned before COVID-19 outbreak.
Hospitality firm OYO announced recen...
SOFTBANK STARTUP OYO REDUCING OUTLETS IN JAPAN
HIGHLIGHTS
- Coronavirus pandemic is causing harm to tourism industry in Japan.
- Oyo Hotels is closing many of its regional outlets in Japan.
- Support from SoftBank is also not able to rescue Oyo from losses.
One of the larges...
RAGS TO RICHES: THE STORY OF RITESH AGARWAL, FOUNDER OF OYO ROOMS
Highlights
• Ritesh Agarwal started an accommodation portal named ‘Oravel Stays'
• Agarwal was the winner of Thiel Fellowship and secured grant of $100,000
• In the month of September 2018, OYO Rooms managed to raise funds of $1 b...