Japan

Hospitality firm OYO has formed a joint venture with Tokyo-based SoftBank Corp and SoftBank Vision Fund for commencing its hotel operations in Japan. The joint venture, named as OYO Hotels Japan GK, will be headed by Prasun Choudhary as the operating partner. Ken Miyauchi, President and CEO, SoftBank Corp, said, "We are delighted to deliver ...

OYO has launched 'OYO LIFE' services in Tokyo, Japan, with over 1,000 residential units. Under OYO LIFE service, the Indian hospitality firm will be offering fully-furnished apartments to rental home seekers in Japan.  In February 2019, SoftBank-backed company formed a joint venture (JV) with Yahoo Japan Corporation to enter the housing rental market in Japan ...

Continuing with its global expansion, OYO has launched its operations in Japan with a housing rental service targeting Japanese students and young professionals. The service, called OYO Life, will be made available from the starting of next month. It will be provided by OYO Technology & Hospitality Company, Japan, the joint venture entity between OYO ...

India's Ministry of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) and the Kanagawa Prefectural Government have signed Memorandum of Cooperation (MoC). Through this MoC, India and Japan decided to cooperate for the first time in the areas of Indian traditional medicinal systems like Yoga and Ayurveda to provide holistic healthcare and wellness in both ...

After expanding to China and UK, the Gurugram-based hospitality company OYO is now planning to enter Japan in next 3-6 months. Earlier, OYO raised $800 million from Japan's SoftBank Vision Fund and other investors. It took the company’s valuation to about $4 billion. Of the raised $800 million, OYO said that it would invest about ...