MUMBAI -- Home-sharing platform Airbnb has invested in Indian hotel startup Oyo, which has quickly built a presence in India and China -- two markets where the U.S. company wants to grow.
Business deals
Airbnb confirms stake in Indian hotel unicorn Oyo
Deal gives home-sharing site a new angle on China and other Asian markets
An Oyo Life apartment in Japan. Indian startup Oyo has branched out beyond hotel bookings. (Photo courtesy of Oyo)
Read Next
Latest on Business deals
