India's Oyo says SoftBank-controlled Yahoo Japan exits Japanese venture

India's Oyo says SoftBank-controlled Yahoo Japan exits Japanese venture

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is seen through wires in an alley in New Delhi, India, September 25, 2018. REUTERS/Anushree Fadnavis

India’s Oyo Hotels and Homes said on Thursday SoftBank-controlled Yahoo Japan has quit its Japanese room rental venture, in the latest setback for the fast-growing, money-losing startup.

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