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Property

Yahoo Japan leaves rental venture with Indian startup Oyo

Home-leasing service hit with complaints from owners

Along with its rental service, Oyo operates a hotel joint venture in Japan with SoftBank Corp. and the SoftBank Vision Fund. (Photo by Mami Osada)
TSUBASA SURUGA, Nikkei staff writer | Japan

TOKYO -- Yahoo Japan has exited a joint venture for Japanese residential property rentals with India's Oyo Hotels and Homes, it was learned Tuesday.

Yahoo sold its roughly 30% stake in Oyo Technology and Hospitality Japan, operator of the Oyo Life service, to Oyo in November.

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