SoftBank's Yanolja Plans $400 Million IPO in July

Reported 6 months ago

SoftBank-backed South Korean travel app Yanolja is preparing for a $400 million US IPO, aiming for a valuation between $7 billion to $9 billion. The IPO, led by Goldman Sachs and Morgan Stanley, could launch in July. Yanolja, invested in by SoftBank's Vision Fund II, has been expanding its services and acquired Go Global Travel Ltd. last year, making it one of the world's largest travel platforms.

Source: YAHOO

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