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OYO enters Spain and Portugal, hires Groupon Spain ex-CEO
short by Sukriti Kapoor / on Sunday, 2 December, 2018
Gurugram-based hospitality startup OYO has reportedly ventured into Spain and Portugal and hired Groupon Spain's former CEO Tobias Jörk as Country Manager. It has reportedly launched operations in Spain’s Madrid, Valencia, Andalusia and Barcelona, expanding its presence in Europe post its launch in London earlier this year. OYO last raised $1 billion at a $5-billion valuation led by SoftBank.
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