IPO-bound OYO's valuation dips in private market after reported markdown by SoftBank1 min read 05 Oct 2022, 11:13 AM IST
Oyo disclosed its latest financials in an IPO filing addendum last month, with the numbers showing narrower losses
The valuation of IPO-bound OYO in the private market has dipped to around $6.5 billion, reported news agency PTI, after reports suggested that SoftBank Group Corp has slashed the valuation of Oyo Hotels on its books by more than 20%.
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