OYO Rooms, the India-based budget hotel network that’s backed by SoftBank’s Vision fund, has prioritized expansion into China this year but that’s not all it’s up to. Back home in India, it just moved ...
Two weeks after it placed employees in the U.S. and around the globe on furlough but stated it would not do so for employees in India during the country's lockdown, India-based Oyo Rooms confirmed it ...
Oyo Rooms, one of the hotel industry's fastest-growing companies by room count, has let go of about 600 employees in China, or 5 percent of its workforce, and 1,200 in India, about 12 percent, and ...
FILE PHOTO: A worker cleans the entrance of a hotel, next to the signboard for OYO Rooms at Fort Kochi, one of the major tourist destinations in Kerala, January 3, 2018. REUTERS/Sivaram V/File Photo ...
Ritesh Agarwal’s online marketplace for affordable stays, OYO Rooms, received $100 million in funding from SoftBank earlier this week. Agarwal is 21, and demographically aligned to a youthful country ...
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