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Oyo’s revenue surged in FY19, but loss widened, too

Oyo’s revenue surged in FY19, but loss widened, too

TechCrunch Startup News · TechCrunch

February 19, 20206m 1s

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Show Notes

Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March 31, 2019, and pledged to cut down on its spending as the India-headquartered startup grows more cautious about its aggressive expansion.

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