OYO on Monday confirmed a strategic investment by Airbnb. The company, however, did not share any further details.
"...both parties are exploring opportunities to collaborate on a range of projects, including making OYO accommodations available on the Airbnb platform, but we don't have more to announce today," said OYO in a statement.
In a separate development, OYO said that OYO Technology and Hospitality Company, Japan, the joint venture between OYO and Yahoo Japan Corporation, recently announced that OYO LIFE will now be available to customers across Tokyo.
--IANS
ravi/nir
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