SEOUL, April 6 (Korea Bizwire) — Yanolja Cloud Pte., the tech affiliate of South Korean booking platform Yanolja Inc., said Thursday it has finalized a deal to acquire Oregon-based Innsoft Inc. for US$8.3 million in a bid to expand its hospitality solutions services in North America. Yanolja Cloud Pte. plans to launch a new line [...]
SEOUL, March 16 (Korea Bizwire) — South Korean travel startup Yanolja Co. hopes to contribute to the development of the local tourism industry through its newly launched global research center, its top executive said Thursday. “Data is becoming a crucial element for industry players in predicting future trends and surviving the new normal (after the [...]
SEOUL, Feb. 23 (Korea Bizwire) — Yanolja Co., a leading South Korean travel platform operator, said Thursday it has been tapped as the first Korean startup to join the United Arab Emirates’ startup incubator as a member. Yanolja joined the Global Unicorn Center in Dubai as a member during the World Government Summit event held [...]
SEOUL, Oct. 14 (Korea Bizwire) — Yanolja Co., a leading South Korean travel platform operator, said Thursday that it signed an agreement to buy a 70 percent stake in e-commerce businesses of Interpark Corp. for 294 billion won (US$248 million). Yanolja said its move to acquire Interpark’s travel, performing arts, shopping and book businesses is [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s biggest accommodation booking app Yanolja has defeated its industry rival Good Choice in a civil suit launched over an alleged leak of confidential company information, judicial officials said Monday. The Seoul Central District Court has ordered Good Choice Company (GCC), the operator of the namesake hotel reservation [...]
SEOUL, July 15 (Korea Bizwire) — Yanolja, a leading South Korean travel platform operator, said Thursday it has received a 2 trillion-won (US$1.75 billion) investment from Softbank’s Vision Fund, the second-largest investment into a South Korean company after $3 billion for e-commerce giant Coupang Inc. Yanolja, which has been seeking to go public, plans to [...]