Articles tagged “softbank”

Online Travel

Oyo Rating Downgraded by Fitch Amid Profit Concerns

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.
Online Travel

Oyo’s Pending IPO Could Be Halved or Even Scuttled

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.
Experiences

The Tripadvisor Earnings Call That Became a Sales Pitch for Viator

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.
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.