Oyo
Finance
For SoftBank's Masayoshi Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......
TMT
Softbank-backed OYO to cut pay of all employees in India
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April ......
TMT
SoftBank-backed Oyo furloughs some US workers as coronavirus hits revenue
SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due ......
TMT
SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak
Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive ......
TMT
India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19
Indian tech startups, which had put a brake on cash burn in 2017-18 as investors started asking about visibility on ......
Finance
SoftBank scales back second Vision Fund as first fund's loss wipes out group profit
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second ......
TMT
SoftBank-backed Oyo lays off over 1,000 employees amid profit push
SoftBank-backed (9984.T) Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an ......
Finance
Flashback 2019: How the contours of PE, VC, M&A dealmaking changed this year
The aggregate value of private investments as well as mergers and acquisitions in India slipped back to a more normal ......
Finance
Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As
The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......
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