OYO in Japan is merging its hotel business and its rental venture, merged entity will be called OYO Japan
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OYO in Japan is merging its hotel business and its rental venture OYO Life. The merged entity will be called OYO Japan. An OYO spokesperson confirmed the move and said that both the businesses are complementary and that the move is along the lines of the startup's global operations. OYO had launched in Japan in 2019 through OYO Life, its rental apartment business. Yahoo had also bought 30% shares in OYO's subsidiary company in Japan.