Airbnb Takes Stake in Indian Hotel-Booking Startup Oyo
1 April 2019 9:47 AM IST
Home-sharing company Airbnb said it had invested in Indian hotel-booking startup Oyo Hotels & Homes, expanding its reach across Asia.
- The size of Airbnb's investment is between $100 million and $200 million
- The size of the investment is between $100 million and $200 million, two people familiar with the matter said.
- The Indian company manages more than 6,000 homes globally and has 18,000 franchised or leased hotels.
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