What is the reason for oyo's downfall? | Candider
What is the reason for oyo's downfall?
27th Feb 2020 3:49 pm
Business expert
The following result is obtained by our expert's opinion: The downfall of OYO business is the result of when a startup gets a good amount of funding in a single round then maintaining the value becomes a tough task and providing the same ratio of return as past is more difficult. Hence, it always seems that business is facing a fall but actually it all depends upon the calculation. OYO had been in loss for a very long time and have seen a profit in just last couple of years.
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