Monday, February 17, 2020

Oyo’s revenue surged in FY19, but loss widened, too



Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March 31, 2019, and pledged to cut down on its spending as the India-headquartered startup grows more cautious about its aggressive expansion.

from Pocket https://techcrunch.com/2020/02/16/oyos-revenue-surged-in-fy19-but-loss-widened-too/
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