 "OYO now plans big play in Indonesia, lines up $100-million investment")
SoftBank Group Corp. founder Masayoshi Son is expecting Indian startup OYO to become the largest hotel network in the world. At a general shareholders' meeting in Tokyo on Wednesday, Son said that OYO is one of the largest hotel networks in India and has become the second biggest hotel network in China in just one year. The company is growing its market worldwide in regions such as the US, UK and Southeast Asia. “They (OYO) would be becoming the largest hotel network in the world,” said Son.
In May this year, SoftBank, which is one of the biggest start-up investors in
