Looks like some one is readying for an IPO ..
This reminds me of ola coming up with a statistics that excluding chine they are big. Imagine a hotel owner who is running losses but claims coffe tea are profitable.
Purpose of a business is to make profits. When that minimum is not met, these businessmen should not be proud of it. But as a society we have fallen for money. If you have money whatever done is considered awesome.
Bwahahaha
In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..
But I canβt see Oyo name anywhereβ¦ Not much layoffs or nothing on their crunch.
Are they doing good or successful?
Oyo has changed a lot, in its offering, business/rev model. - It reduced its own properties by ~50% - Changed...