Home rental major Airbnb plans to make stock market debut in 2020

Japan last June introduced a law that required hosts to register with the government and capped home-sharing to 180 days a year.

The investment will give Airbnb access to a variety of franchised or leased hotels.

While it is still unclear if the Series E funding round is over yet, OYO has reportedly mopped up nearly $1.1 billion in fresh capital in this round.

Recently, Airbnb acquired HotelTonight, an app for finding hotel rooms at a discount, for an estimated $400 million.