OYO is all about window dressing. Reviews are fake and inflated, rooms do not have even basic sanitation norms and coustomer service is terrible.
Great going OYO. truly hard work pays
Very scalable segment perhaps and pulled it really well! Whos IPO though?
Ohh! You are actually on point. You may be right about OYO’s next move, and I concur. Looking at the trend wherever Masayoshi son is involved, and thats where it leads to. Truly, they also need to continue to collaborate in order to find different means of distribution, taking them closer to their mission statement.
As per ROC filing in 2018,OYO has set a tentative time-frame of 5 yrs for IPO(As per news).I think they will enjoy PE backing now,once they are EBIT positive,they will go public.By that time,current investors would get high ROI and OYO will also be able shred the load they are currently taking via miniscucle or relatively low ticket distributed among public & give the impression of actual profit-making company .Anyway,OYO is in superlative growth journey with amazing revenue guidance.Listing, today or tomorrow,would be an event to watch.Would be win-win for both.
I don’t think so in 2019 and certainly listing never in India.
Oyo and AirBnB set to merge.
Trust me , they are losing their focus , their listing if hotels is very bad , Oyo believes that they need to give huge discount to attract traffic but I am not sure this strategy will work….
Some of the discounts given are on the hiked up price …
And the quality of the hotels are very bad…
Who is bothered about customer service , their only plus is give discounts on inflated pricing.
There is a rush to engage on linkedin post (adding 2 cents). People don’t bother to read the article. It’s IPO of Airbnb.
Maybe, but Oyo is a success story nevertheless, the Indian Airbnb, if you will. Many Indian digital enterprises have been snapped up by foreign firms. Oyo may be next.
Indudhar K Airbnb espouses design principles and customer centric design philosophy. Oyo is all about funding = scale. Scale brings more funding without caring about any fundamental aspect of business. Other than silicon valley’s dogged focus on scale the two companies are very different.
Dr Aniruddha Malpani getting bought by someone else ? If that’s disqualified as a success, the number of losers will increase exponentially, including LinkedIn which was bought by Microsoft.
Ritesh is going great guns and marching ahead globally now. OYO is now on an ambitious global expansion mode, chartering into new international territories confidently, armed with big bucks. True Indian MNC. Best wishes to Ritesh Agarwal and Team OYO. Jai Ho!
so big company, a portal in itself, why needs to list its property on another portal ? how is this a good strategy ? isn’t it like Ola listing its cab on Uber app ?
Startup mantra now a days sounds similar to this poem –
“There were ten in a bed
And the little one said
“Roll over, roll over”
So they all rolled over
And one fell out…”
“Raise More, raise more” ..
until the founder looses all power and thrown out.
Dr Aniruddha Malpani what is a success for a startup. Pls explain.
Whose IPO ? Airbnb or oyo?
OYO is all about window dressing. Reviews are fake and inflated, rooms do not have even basic sanitation norms and coustomer service is terrible.
Great going OYO. truly hard work pays
Very scalable segment perhaps and pulled it really well! Whos IPO though?
Ohh! You are actually on point. You may be right about OYO’s next move, and I concur. Looking at the trend wherever Masayoshi son is involved, and thats where it leads to. Truly, they also need to continue to collaborate in order to find different means of distribution, taking them closer to their mission statement.
As per ROC filing in 2018,OYO has set a tentative time-frame of 5 yrs for IPO(As per news).I think they will enjoy PE backing now,once they are EBIT positive,they will go public.By that time,current investors would get high ROI and OYO will also be able shred the load they are currently taking via miniscucle or relatively low ticket distributed among public & give the impression of actual profit-making company .Anyway,OYO is in superlative growth journey with amazing revenue guidance.Listing, today or tomorrow,would be an event to watch.Would be win-win for both.
I don’t think so in 2019 and certainly listing never in India.
Oyo and AirBnB set to merge.
Trust me , they are losing their focus , their listing if hotels is very bad , Oyo believes that they need to give huge discount to attract traffic but I am not sure this strategy will work….
Some of the discounts given are on the hiked up price …
And the quality of the hotels are very bad…
Who is bothered about customer service , their only plus is give discounts on inflated pricing.
There is a rush to engage on linkedin post (adding 2 cents). People don’t bother to read the article. It’s IPO of Airbnb.
Maybe, but Oyo is a success story nevertheless, the Indian Airbnb, if you will. Many Indian digital enterprises have been snapped up by foreign firms. Oyo may be next.
Indudhar K Airbnb espouses design principles and customer centric design philosophy. Oyo is all about funding = scale. Scale brings more funding without caring about any fundamental aspect of business. Other than silicon valley’s dogged focus on scale the two companies are very different.
Dr Aniruddha Malpani getting bought by someone else ? If that’s disqualified as a success, the number of losers will increase exponentially, including LinkedIn which was bought by Microsoft.
Ritesh is going great guns and marching ahead globally now. OYO is now on an ambitious global expansion mode, chartering into new international territories confidently, armed with big bucks. True Indian MNC. Best wishes to Ritesh Agarwal and Team OYO. Jai Ho!
so big company, a portal in itself, why needs to list its property on another portal ? how is this a good strategy ? isn’t it like Ola listing its cab on Uber app ?
Startup mantra now a days sounds similar to this poem –
“There were ten in a bed
And the little one said
“Roll over, roll over”
So they all rolled over
And one fell out…”
“Raise More, raise more” ..
until the founder looses all power and thrown out.
Dr Aniruddha Malpani what is a success for a startup. Pls explain.