SoftBank-backed OYO sees three-fold revenue jump even as losses widen

SoftBank-backed OYO sees three-fold revenue jump even as losses widen

Oyo Rooms in Bangalore. Photo: Booking.com

Indian hotel start-up OYO, backed by Japan’s SoftBank Group, expects revenue to more than treble every year for the next five years, as it expands locally and in international markets, a senior company executive said.

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