Friday, July 30, 2021

Microsoft to invest in OYO before its potential IPO

Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel chain OYO at a valuation of $9 billion, as the hospitality chain is planning a potential initial public offering (IPO) soon, sources said.

from Gadgets Now https://ift.tt/3iZphsw

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