InvestorQ : Will the Softbank valuation cut impact Oyo IPO valuations?
Chandralekha Desai made post

Will the Softbank valuation cut impact Oyo IPO valuations?

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NISHA Nayak answered.
2 weeks ago
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Recently, Softbank Group cut valuations of Oyo Hotels on its books by 20% from $3.4 billion to $2.7 billion. Oyo was valued at $10 billion in 2019 but was hit being a contact sensitive business. Oyo was targeting valuations of $5 billion in the IPO, which looks impractical.

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