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New Deal


Announced

Yanolja raised $180m in a Series D round led by GIC and Booking Holdings.

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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South Korea

Minority

Pending

Acquisition

Venture Capital

Friendly

online travel agent

Private Equity

Travel and Tourism

Private

Single Bidder

Synopsis

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Yanolja, the largest online travel platform in South Korea, raised $180m in a Series D round led by GIC and Booking Holdings. The new funds will be used to further innovate and achieve new grounds in hospitality-related technology to automate hotel operations and achieve more pervasive connectivity across the value chain. A portion of the newly raised funds will also be deployed to accelerate digitalization and achieve growth potential in the global travel and leisure market, going beyond the traditional travel sphere.

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