Articles tagged “softbank”

SoftBank Group has reportedly cut the valuation of Indian hotel-booking platform Oyo by more than 20 percent, Bloomberg reported on Thursday quoting people familiar with the matter.

Not too concerned about the Fitch downgrade, Oyo would rather look at the silver lining — a projected 80 percent growth in financial year 2023. The rating revision is in line with more modest expectations for Oyo's IPO.

Oyo's potential IPO has likely run head-on into the collapse of several recent public market debuts in India with a couple of lawsuits potentially figuring into the regulator's delayed decision. Oyo will eventually go public, but that maiden public appearance likely won't resemble the initial vision.

Whether it is hotel-like commission levels on the online travel agencies, new product features, or market share gains, Tripadvisor was unabashedly selling the virtues of a Viator IPO — or deal. It's not a winner-take-all market, but rivals have narrowed any competitive gap.

Yanolja Cloud is the world's largest seller of hotel software whose strategy you don't understand. Here are a few "cheat codes," courtesy of the brand's chief strategy officer.

Among Softbank's holdings, Oyo does not appear to be another WeWork calamity. However, under the glare of being a public company, Oyo would be challenged to get to profitability, and to remedy its ongoing brand reputation challenges.

SoftBank's high profile, despite some renowned misses, gives Cloudbeds some cachet. Still, Cloudbeds faces stiff competition in trying to break through with larger hotels.

The world’s most famous flexible co-working space provider has a new lease on life following its SPAC deal, but is its model still relevant for the post-pandemic workforce? Its backers are betting so.

Now the brand is finally going public, will investors share the Indian company's enthusiasm?

It's clear that Oyo will try to go public in some fashion. But will investors buy the story — and the shares?