Articles tagged “softbank”

Hotels

India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

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.

Dennis Schaal | 5 days ago
India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

Travel Technology

SoftBank Invests $150 Million in Tech Provider Cloudbeds

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.

Dennis Schaal | 3 months ago
SoftBank Invests $150 Million in Tech Provider Cloudbeds

Business Travel

Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

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.

Matthew Parsons | 3 months ago
Behind the WeWork IPO Financing It Hopes Takes the Target Off Its Back

Hotels

Oyo Files Paperwork for IPO That Could Value It at $12 Billion

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

Cameron Sperance and Matthew Parsons, Skift | 4 months ago
Oyo Files Paperwork for IPO That Could Value It at $12 Billion

Hotels

Oyo Poised to File Its $1.2 Billion IPO Next Week

Yes, 2021 really is the year of the travel IPO. But in Oyo's case, there's a sense of urgency after being hit harder than most by the pandemic.

Chandini Monnappa and Rama Venkat, Reuters | 4 months ago
Oyo Poised to File Its $1.2 Billion IPO Next Week

Hotels

Microsoft Pumps $5 Million Into India’s Oyo Ahead of Its Planned Public Listing

A drop-in-the-ocean investment for the technology giant, but still a vote of confidence ahead of Oyo's IPO.

Chandini Monnappa and Vishwadha Chander, Reuters | 5 months ago
Microsoft Pumps $5 Million Into India’s Oyo Ahead of Its Planned Public Listing

Hotels

Oyo Takes Step Toward Initial Public Offering

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

Dennis Schaal, Skift | 6 months ago
Oyo Takes Step Toward Initial Public Offering

Business Travel

Amex GBT Now Deviates Widely From Core Travel Focus

Putting the “American Express” back into American Express Global Business Travel, its new Neo1 expense tool reminds us the world’s biggest corporate travel agency is half-owned by a credit card company.

Matthew Parsons, Skift | 6 months ago
Amex GBT Now Deviates Widely From Core Travel Focus

Online Travel

Softbank’s $1.7 Billion Bet on Yanolja Is Largest Investment in a Travel Startup Since Pandemic Began

It's official and improbable. The South Korean startup Yanolja considers itself a triple threat to hotel tech sellers like Oracle Hospitality, online agencies like Hopper, and mid-market hospitality brands like Sonder. Can it really succeed in all three?

Sean O'Neill, Skift | 6 months ago
Softbank’s $1.7 Billion Bet on Yanolja Is Largest Investment in a Travel Startup Since Pandemic Began

Online Travel

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Yanolja means “Hey, let’s play” in Korean. If Softbank agrees to play, the travel startup will have the capital to go on an acquisitions spree to bolster its global reach. That way it will be more likely to have a successful public listing in the U.S. later.

Sean O'Neill, Skift | 7 months ago
Softbank to Buy Stake in South Korean Travel Startup Yanolja