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Business deals

SoftBank and Oyo in $100m plus deal for Japan apartment operator

Joint venture with Indian startup shows Son still hungry despite WeWork fiasco

Oyo CEO Ritesh Agarwal speaks during SoftBank World 2019 on July 18 in Tokyo. (Photo by Shihoko Nakaoka)

TOKYO -- SoftBank Group and Indian hotel startup Oyo have jointly acquired an 80% stake in Japanese rental apartment operator MDI.

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