Airbnb Takes Stake in Indian Hotel-Booking Startup Oyo

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Airbnb Takes Stake in Indian Hotel-Booking Startup Oyo
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Airbnb has invested between $100 million and $200 million in Indian hotel-booking startup Oyo

MUMBAI—Home-sharing company Airbnb Inc. said it had invested in Indian hotel-booking startup Oyo Hotels & Homes, expanding its reach across Asia. The size of the investment is between $100 million and $200 million, two people familiar with the matter said.

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