Oyo, the Indian hotel-booking startup backed by Masayoshi Son’s SoftBank Group Corp., is merging its operations in Japan and appointing a new chief executive officer to oversee the combined entity.
The reorganization involves Oyo’s hotel-booking and apartment-rental units coming together into a single company called Oyo Japan, to be led by Ryoma Yamamoto as CEO with Ryota Tanozaki as his deputy, both promoted from senior roles in the existing Oyo operations.
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