TOKYO -- A massive shortfall in the aggressive Japanese expansion plans of Oyo, the SoftBank Group-backed Indian hotel group, has snowballed into a nasty labor dispute, the Nikkei Asian Review has learned.
Startups
SoftBank-backed Oyo suffers major shortfall in ambitious Japan push
Ensuing labor revolt raises WeWork-style concerns about loss-making Indian startup
An Oyo hotel in Tokyo: The Indian startup is facing headwinds in the Japanese market. (Photo by Yuki Kohara)
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