According to Sina Finance report，Indian budget hotel chain OYO will shelve its plans for an IPO (initial public offering) 188bet app download this year，Mainly worried that the market downturn may affect its valuation。

Reportedly，After consultation with bankers and investors，OYO Board of Directors at multiple meetings last week and earlier this week，Discussed the issue of adjusting the IPO time。Informed sources said，If OYO speeds up the IPO process again before the end of the year，may be 188bet Online Sports Betting and Casino launched as early as 2023。There were reports as early as March this year，OYO is considering cutting its IPO financing size by half，Even the listing plan is temporarily put on hold。