Articles tagged “valuations”

Online Travel

SoftBank Slashed Oyo Valuation 20 Percent

SoftBank Group has reportedly cut the valuation of Indian hotel-booking platform Oyo by more than 20 percent, Bloomberg reported on Thursday quoting people familiar with the matter.
Short-Term Rentals

Vacasa's Value Falls 10 Percent on Stock Market Debut

Vacasa's market cap comeuppance in its first day of trading doesn't have huge significance. Are many private valuations inflated these days? For sure. But Vacasa's debut in a SPAC deal is a milestone for a bevy of startups seeking similar paths.
Coronavirus

What's Going On With Oyo, 10 Months Into the Pandemic

Oyo and its founder have long been accused of being heavy on spin even though all acknowledge that the hotel chain has been a category creator. This interview is excellent because Agarwal faced tough questioning. We know a politician who would have walked out.
Coronavirus

Airbnb's Valuation Almost Halved to $18 Billion

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.
Hotels

Airbnb Mulls Cash Infusion From New Investors, Explained

Many of Airbnb's previous funding rounds were oversubscribed. But if Airbnb indeed taps new venture capital funding, it won't have trouble finding benefactors. Still, the company's valuation will be considerably lower than the prior $31 billion.