Ritesh Agarwal’s Oyo now has more rooms in China than in its native India. Photo: Bloomberg

Amazon, Uber, and Google struggled in China, but Indian hotel chain Oyo is succeeding. Here’s why

  • Oyo’s founder and chief executive Ritesh Agarwal says both China and India are its ‘home markets’
  • It plans to spend US$960 million on expanding in Asia over the next five years, US$600 million of which has been earmarked for China
Topic |   India

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Ritesh Agarwal’s Oyo now has more rooms in China than in its native India. Photo: Bloomberg
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