OYO, Ola see gradual recovery in business
Updated Sep 23, 2020 10:03 am
- OYO is seeing a robust demand in the vacation home segment in Europe while business in Indonesia has also fairly picked up.
- Both OYO and Ola maintained that the companies are well-capitalized and there were no immediate plans to raise funds. Ola, however, is aiming for an IPO in the mid-term.