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April 1, 2019 10:44 am GMT

Airbnb confirms stake in Indias OYO, sources say it invested $150M-$200M

Airbnb is continuing to widen its focus beyond ‘unconventional’ hotels as it gets ready for a much-anticipated IPO. Following its acquisition of HotelTonight last month, the company has picked today (April Fool’s Day) to confirm that it invested in India’s OYO — a startup that manages budget hotels and other stays. The deal has been […]

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