Indian unicorn Oyo moves into Japan's rental market

Joint venture with Yahoo Japan marks first overseas foray of home management business

20180220 OYO

An Oyo hotel in Noida, near New Delhi. (Photo by Akira Kodaka)

WATARU SUZUKI, Nikkei staff writer and KEN KOYANAGI, Editor-at-large, Nikkei Asian Review

TOKYO -- Oyo Hotels, the Indian budget hotel operator and one of the country's biggest startups, is moving into Japan with a rental apartment service targeting millennials.

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