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OYO India junks franchise model to become an aggregator, cut losses | The Morning Context

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Internet

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

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28 November, 2024•9 min

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OYO India junks franchise model to become an aggregator, cut losses

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LONGREAD
/
Internet

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...

OYO India junks franchise model to become an aggregator, cut losses

More in Internet

Story image

Cracking the India-Middle East corridor

Harveen Ahluwalia

Story image

Cracking the India-Middle East corridor

Vish Narain of Pulsar Capital on spotting real synergies between India and the Gulf, and why many entrepreneurs read the market wrong.

Harveen Ahluwalia

Story image

A unicorn tag for the Dubai fintech Fasset

Harveen Ahluwalia

A unicorn tag for the Dubai fintech Fasset

Harveen Ahluwalia

Story image

VCs put $86 million into FirstClub. But is it venture fundable?

VCs put $86 million into FirstClub. But is it venture fundable?

Story image

Will Atomberg become a consumer products company or a component maker?

Will Atomberg become a consumer products company or a component maker?

Story image

Anxiety in Bengaluru, deja vu at SpiceJet

Ashish K. Mishra

Anxiety in Bengaluru, deja vu at SpiceJet

Ashish K. Mishra

Story image

Indian startup Ati Robotics follows in GreyOrange’s footsteps

Indian startup Ati Robotics follows in GreyOrange’s footsteps

You may also like

Story image

Anxiety in Bengaluru, deja vu at SpiceJet

A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.

Ashish K. Mishra

Story image

UAE cuts economic ties with Iran as tensions flare up again

Fresh attacks in the country appear to have triggered another escalation in the Mideast conflict; Saudi Arabia wants tighter oversight on UAE transfers; and other important updates.

Harveen Ahluwalia

Story image

Free visas, flight perks: UAE goes all out to boost tourist traffic

Aggressive summer deals are being rolled out to make up for the slump in arrivals; Coinbase is setting up a new tokenization hub, and other updates.

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