Airbnb said to mull investing in India’s OYO to expand footprint

An employee makes a bed in a room at an an Oyo Townhouse in Bengaluru on Sept. 11. Photographer: Samyukta Lakshmi/Bloomberg

As it looks to strengthen its hotel booking business, global accommodation-sharing site Airbnb is reportedly in discussions to invest around $100-200 million in SoftBank-backed Indian hotel chain OYO.

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