India’s OYO enters Japan in partnership with SoftBank

India’s OYO enters Japan in partnership with SoftBank

5 years ago
Anonymous $syBn1NGQOq

https://techcrunch.com/2019/04/04/oyo-japan-softbank/

Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s $1 billion round last year through its Vision Fund — which will cover hotel-based accommodation and home rentals.

Financial details around the joint venture were not disclosed. An OYO representative declined to go into details when asked.

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