/
•
•
OYO India junks franchise model to become an aggregator, cut losses
The company is now just another aggregator in the budget hotel sector. And the shift does make sense; OYO wants to cut losses and its India business isn’t all that important anymore.
28 November, 2024•9 min
0
28 November, 2024•9 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
Careem's super app faces a slowdown
The Mideast tech giant is scaling back verticals in Saudi Arabia and possibly rethinking global operations.
You may also like
Internet
An indebted Captain Fresh seeks an IPO bailout
The seafood company solved its demand problem by aggressively buying global distributors. Now it has a financing problem that it can't solve without public money.
Business
Can Dubai’s hotels hold out, even as Iran war continues?
The US-Israel campaign has turned Dubai’s strongest tourism months into a stress test for the emirate’s hospitality sector.
Internet
In Indian VC landscape, capital outpaces opportunity
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.