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Yanolja: Raises USD 1.7 Billion in Funding

Yanolja Raises USD 1.7 Billion in Funding

  • Yanolja, a Seoul, South Korea-based travel and leisure platform, raised USD 1.7 Billion in funding
  • SoftBank Vision Fund 2 made the investment
  • The company provides a cloud-based travel and leisure platform that provides services for travel including accommodation, leisure, and transportation
  • leveraging IoT, AI, big data and blockchain technologies
  • The company intends to use the funds invest in the development of innovative technologies and to expand its technology offerings in new markets
  • The company plans to build and operate an advanced global travel platform (GTP) by upgrading and enhancing its automated solutions using AI
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