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Startups

OYO and RedDoorz spice up Indonesia's co-living segment

Investors look on as foreign groups jostle with local startups over room rentals

Singapore-based hotel and booking group RedDoorz holds its independent hotel owners to standards such as clean linen for guests, offering them economies of scale in return (Photo by Rie Ishii).
ARDI WIRDANA, DealStreetAsia | Indonesia

JAKARTA -- While it has been around for decades in Indonesia, the long-stay room rental business has never been a lucrative venture or drawn much investment interest.

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