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MUMBAI, Sept. 20 (Reuters) – A take-back on flight means Oyo is ready for screening in higher public markets.
The rise was reported in an appendix to which the initial draft document was presented to the public for the first time in the past 12 months. Oyo's line remains top at more than 60% of its pre-pandemic ranges, although the organization, which includes operations in Europe and India, has also been restructured since then.
) Oyo provides billion dollar metering, along with down promotion by SoftBank's (9984.T) imaginative and visual fund , unchanged, while the ratings of its publicly traded friends collapsed within 12 months because the company's first deal was made. Earlier, Oyo was focusing on a whopping $11 billion valuation, 19 times behind total sales. At the time this was on par with multiples of Airbnb (ABNB.O) and TPG-backed Vacasa (VCSA.O). Using identical proportions now, Oyo could be worth $4 billion. If markets calm down further, Agarwal may need to revise his cautious optimism to the downside. (by Una Galani)
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