Industry Newsroom

Yanolja Raises USD180 Million from GIC and Booking Holdings

South Korea-based online travel platform Yanolja has raised USD180 million in a Series D funding round from Singaporean sovereign wealth fund GIC and online travel group Booking Holdings. Yanolja and Booking Holdings have also entered into a strategic partnership that will allow their respective customers to access both services. Previous investors in Yanolja include SkyLake Investment, SBI Investment, and Hanwha Asset Management. This latest investment values the company at more than USD1 billion.