Airbnb invests in India’s biggest hotel company

Airbnb invests in India’s biggest hotel company

New Delhi (CNN Business) Airbnb is investing in an Indian hotel chain that wantsto become the world's biggest within five years. The company took part in the latest funding round at OYO, one of India's most valuable startups, it said Monday. Neither Airbnb nor OYO would comment on the size of the investment, but it could be as much as $200 million, according to media reports. OYO was valued at $5 billion in 2018. "Emerging markets like India and China are some of Airbnb's fastest-growing, with our growth increasingly powered by tourism to and from these markets," Greg Greeley, president…
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Indian hotel startup OYO is making a big move into Europe

Indian hotel startup OYO is making a big move into Europe

New Delhi (CNN Business) India's biggest hotel company is buying a European rival in its bid to become the global market leader. OYO is paying €369.5 million ($415 million) for @Leisure Group, based in Amsterdam, according to sources familiar with the transaction. German media company Axel Springer said in a statement it would receive €180 million ($202 million) for its 51% stake. The deal is expected to close in June this year. The European vacation rental group operates more than 30,000 holiday homes in 13 countries, and another 85,000 properties across 50 countries under a subscription-based home management service. OYO…
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Indian hotel startup OYO is planning to be bigger than Marriott

Indian hotel startup OYO is planning to be bigger than Marriott

New Delhi (CNN Business) India's biggest hotel chain is targeting global domination. OYO, which launched just five years ago as a platform to book budget hotels in India, says it's adding rooms faster than the world's top three hotel chains combined. "By 2023 we want to be the largest and most preferred hotel chain in the world," an OYO spokesperson told CNN. Headquartered in Gurgaon, a tech city on the outskirts of Delhi, the company now owns or franchises hotels in global cities including London, Beijing, Shanghai and Kuala Lumpur. It operates nearly 9,000 hotels with 170,000 rooms across India.…
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24-Year-Old Is The First Malaysian To Receive A US University’s Highest Engineering Award

24-Year-Old Is The First Malaysian To Receive A US University’s Highest Engineering Award

Saiful, who is a Public Service Department (JPA) scholar, was awarded the College of Earth and Mineral Sciences' Engineering Honor Marshal on Friday, May 3. He is currently pursuing a Bachelor of Science in Petroleum and Natural Gas Engineering, with a Minor in Energy Business and Finance. Additionally, the JPA scholar achieved a Cumulative Grade Point Average (CGPA) of 4.0. "Saiful Hakimi has demonstrated his academic achievements considerably, as well as strong leadership skill throughout college, in addition to the various initiatives he has taken beyond [the] academic classroom," representatives of the University said, according to JPA's statement. Saiful's parents…
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Kota Kinabalu lokasi terbaik laksana trem pertama di Malaysia

Kota Kinabalu lokasi terbaik laksana trem pertama di Malaysia

Teknologi trem dilihat sangat mapan dan mampu memberi kesan positif kepada penduduk setempat. – Gambar hiasan TATKALA projek kereta api hangat diperkatakan ibarat ‘pisang goreng panas’ di semenanjung Malaysia, siapa sangka sebenarnya bandar raya Kota Kinabalu merupakan destinasi terbaik perlaksanaan Trem pertama di Malaysia. Mengapa saya kata begitu? Trem Hong Kong disediakan sebagai salah satu strategi daya tarikan pelancong di kawasan terpilih Perlaksanaan projek trem ini sinonim dengan kawasan strategik bandar raya Kota Kinabalu. Siapa yang masih ragu bahawa sebenarnya bandar raya Kota Kinabalu merupakan pusat bandar raya perlancongan bertaraf antarabangsa dan pesat membangun sejak 15 tahun dahulu. Kawasan bandar…
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Use Gawai Dayak to enhance unity, Kenyah community told

Use Gawai Dayak to enhance unity, Kenyah community told

Anyi (third left) joining in a paddy harvesting ceremony to symbolically launch the 3rd Majlis Selamat Lepa Ajau organised by Peng Lepo Abong, Long Julan Pelutan on Saturday. Also seen are Dennis (third right) and James (fourth right). MIRI: Baram MP Anyi Ngau has advised members of the Kenyah community to take the Gawai Dayak or Lepa Ajau in their native language as an opportunity to enhance unity and solidarity among themselves. Anyi noted that Gawai Dayak is a unique festival as it is not only an occasion of thanksgiving for a bountiful harvest but also serves as platform to…
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Unimas to get teaching hospital to facilitate medical students

Unimas to get teaching hospital to facilitate medical students

Dr Kadim (second left) exchanges the Memorandum of Understanding (MoU) document with Beijing Wuzi University Vice President Professor He Mingke (third right). KUCHING: Universiti Malaysia Sarawak (Unimas) will soon have a 300-bed teaching hospital located just outside its campus at Kota Samarahan here within the next four years. When approached by reporters after the MoU signing ceremony between Beijing Wuzi University and Unimas at the latter’s campus, Unimas Vice Chancellor Professor Datuk Dr Mohamad Kadim Suaidi said that the project had already obtained approval from the government and is expected to begin construction in the first quarter of 2020. “The…
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Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding

Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding

Foursquare just made its first acquisition. The location tech company has acquired Placed from Snap Inc. on the heels of a fresh $150 million investment led by The Raine Group. The terms of the deal were not disclosed. Placed founder and CEO David Shim will become president of Foursquare. Placed  is the biggest competitor to Foursquare’s  Attribution product, which allows brands to track the physical impact (foot traffic to store) of a digital campaign or ad. Up until now, Placed and Attribution by Foursquare combined have measured more than $3 billion in ad-to-store visits. Placed launched in 2011 and raised $13.4 million (according to Crunchbase) before being acquired by Snap…
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Singapore trip 2019

Singapore trip 2019

Singapore trip 2019 We are here to compete again with Asia best startup.. Pray for us to make Malaysia proud.. Hajime Kindaichi Miabella Safiy#siasitok #siasitokSL #bepositive #pemikirsosialis #SMKAMI #pengacarahebat#signlanguage #flashcardsiasitok #alhamdulillah #terimakasihsemua#rezekiAllah #rezekianak2 #Trainerhebat #trainersiasitok #MajlisBeliaMalaysia#magicsarawak #maycMelaka #startupborneo #startupMalaysia#startupmelaka #ownyourfuture #alsharqconference2019 #alumniSMKAmi#top100apac #Echelon2019 [Source: Facebook Awang Shahrizan] Photo Credits: Facebook Awang Shahrizan
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