Oyo Isn't Quite What You Think It Is

Oyo paid property owners a fixed amount of money to get them to join the platform. Since then, they have completely abandoned the minimum guarantee system for a revenue sharing model. They also scaled back laws making operations in china and the us while laying off a significant part of its work force. The company's revenues and margins have swung so wildly these past few years. For all its grand ambitions, oyo isn't exactly sitting pretty right now.