Tag: Hospitality Unicorn Oyo

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OYO's Valuation Continues To Soar Despite Losses

New Delhi: Hospitality unicorn OYO’s valuation has almost doubled in a year, reaching $10 billion between September 2018 and October 2019, despite significant losses in the financial year ending on March 31. The losses have reportedly mounted due to the rise in operating expenses fuelled by the company’s aggressive expansion in overseas markets. The provisional […]

  • Thursday, 22 April 2021
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