Oyo Delays Ipo For Third Time As Softbank Is Wary Of Weak Earnings And Valuation Drop Report

techonology oyo delays ipo for third time as softbank is wary of weak earnings and valuation drop report

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Oyo has delayed its IPO for the third time due to SoftBank's opposition and market volatility. Initially seeking a $12B valuation in 2021, Oyo may now aim for a $7B listing by March 2025. Founder Ritesh Agarwal is under pressure to meet loan terms tied to the company's listing

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