Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.

India-based short-term accommodation platform operator Oyo has secured $100m from ride sharing service Didi Chuxing to close its latest funding round at $1bn, the Economic Times reported yesterday. Didi Chuxing conducted the deal through its Star Virtue Investment unit. The capital injection marks the final close of a $1bn round led by Vision Fund, which…

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