Oyo Hotels And Homes

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Oyo files draft papers for $1.2 billion public offering

The company which was last valued at $9 billion is targeting a valuation of around $12-14 billion through this IPO.
OYO asks some India employees to go on leave with limited benefits, cuts fixed pay of all by 25%

The move comes soon after OYO furloughed thousands of its international employees earlier in April after the coronavirus outbreak brought global travel to a halt, wreaking havoc in the hospitality sector.
Oyo to fire 2,400 employees in India over this week: Report

Pink slips will most likely be handed out to staffers in the company's mid-management, business development, sales and operations roles and in some of their technology teams.
SoftBank's Oyo reveals over Rs 2,385 cr annual loss; revenue surges - valuation report

The losses highlight a period of rapid expansion by Oyo into markets such as China, the United States and the United Kingdom, which has made the six-year-old startup one of the world's biggest hotel chains by room count.

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Oyo Hotels And Homes

Oyo files draft papers for $1.2 billion public offering

OYO asks some India employees to go on leave with limited benefits, cuts fixed pay of all by 25%

Oyo to fire 2,400 employees in India over this week: Report

SoftBank's Oyo reveals over Rs 2,385 cr annual loss; revenue surges - valuation report