Business Standard

Budget hospitality start-up OYO is replicating its India strategy in China

In less than nine months of launch, OYO has managed to become a leading budget hotel brand in that country with about 50,000 rooms spread over 1,000 hotels in China

oyo, OYO Rooms, ritesh agarwal, founder of oyo, china, oyo in china, softbank, Didid,  ceo of oyo, oyo hotels, oyo rooms,  OYO Jiudian,
Premium

Ritesh Agarwal Founder & chief executive officer, Oyo

Ajay Modi
If you have heard of piggyback rides and are not sure what purpose they serve, look at OYO for the answer. India’s budget hospitality startup hit upon a novel way to push the brand in China. After stepping into the market in November last year, OYO used the platform of China’s ride-hailing giant Didi to announce its arrival and stay top of mind. “If you open the Didi app in some of the Chinese cities where we have a tie-up for promotion it will say: Ride comfortably with Didi, stay comfortably with OYO,” says Ritesh Agarwal, the 24-year-old founder and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in