Airbnb-backed OYO moves into Europe, buys Leisure Group from Axel Springer for $415M – TechCrunch

OYO, the fast-growing budget hotel startup out of India that?s backed by Airbnb, SoftBank, Grab and Didi, has made an acquisition to expand its footprint into Europe, specifically around self-catering home rentals. The company has picked up�@Leisure Group from Axel Springer for about $415 million (?369.5 million). Axel Springer had a 51 percent share of [?];