Market News

Fast-growing Oyo echoes hype before The We Company's fall

The Business Times

OYO Hotels & Homes might be the fastest-growing big company in the world. Ritesh Agarwal's Indian startup is moving at dizzying speed, frantically racing to become the world's top hotel-room provider and more. Oyo's rise to a US$10 billion valuation and dealings with Japanese investor SoftBank and its Vision Fund also echo some of the hype before the fall of Adam Neumann's shared office space empire The We Company.

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