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September 03 - 12:09
41D
Oyo makes data science bet
Oyo has acquired data science startup Danamica for a reported $10 million. Danamica uses machine learning tools to allow the dynamic pricing of rental properties. Its algorithm analyses 144,000 data points every hour. The tech will help Oyo improve services offered through its booking website. It's in the middle of a rapid global expansion plan having grown into India's biggest hotel chain.
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