SoftBank-backed Oyo’s much-anticipated Chinese expansion runs into a wall

SoftBank-backed Oyo’s much-anticipated Chinese expansion runs into a wall

Oyo Rooms in Bangalore. Photo: Booking.com

Internet giants Amazon.com Inc., Google (Alphabet Inc.) and eBay Inc. have all failed in China. Now, India’s pioneering budget hotel start-up, Oyo, is starting to find out just how tough it is to do business in Asia’s largest economy.

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