OYO Reports $335mn loss; $951mn Revenue

Oyo has reported consolidated loss of $335 million for FY 2018-19 (it was $50.5 million in the previous fiscal).

China and other international markets contributed  about 75% – $252 million – to the overall loss recorded by OYO. The good news is that consolidated revenue has gone up from $211mn last FY to $951mn (India ops contributed $604mn).


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals