SoftBank Group is dispatching two executives to help Oyo Hotels, one of the largest start-ups in its portfolio, right its virus-stricken business in Japan, according to people familiar with the matter. Photo: AP
SoftBank dispatches senior executives to turn around struggling Oyo
- SoftBank’s Eric Gan and Lucio Di Ciaccio will join a six-member management oversight committee for Oyo Hotels, one of the largest start-ups in its portfolio
- Oyo has been among the hardest-hit in SoftBank’s global portfolio of sharing economy outfits
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SoftBank Group is dispatching two executives to help Oyo Hotels, one of the largest start-ups in its portfolio, right its virus-stricken business in Japan, according to people familiar with the matter. Photo: AP
