Airbnb Eyes Oyo, Indian Hotel Startup
19 March 2019 9:30 AM GMT
Coming off of an acquisition of last-minute booking company HotelTonight, Airbnb is eyeing another hotel startup, this time with the intention of investing.
- Coming off of an acquisition of last-minute booking company HotelTonight, Airbnb is eyeing another hotel startup, this time with the intention of investing.
- According to The Information, Airbnb may soon back Oyo, an Indian hotel startup.
- The investment would be between $100 million to $200 million, Cory Weinberg reported.
- While Airbnb’s potential investment is noteworthy, it pales in comparison to Softbank Vision Fund
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