OYO steps up plans to resurrect IPO in early 2023
India: Hospitality chain OYO is reportedly ready to resurrect its plans to debut on the stock market through an initial public offering [IPO] by as early as January 2023.
Airbnb achieves profitability for second year in a row
US: Airbnb, which is set to go public this year, said it was profitable on an EBITDA basis for the second consecutive year in 2018. In Q3 2018, Airbnb said it had its strongest quarter ever, where it saw “substantially more” than $1 billion in revenue. The following quarter, Airbnb found a replacement for former […]