Yanolja, a South Korean travel platform, is set to be listed on the Nasdaq in the U.S. as early as July. The company alone is expected to be valued around 12 trillion won. The initial public offering (IPO) is reportedly being hosted by Goldman Sachs and Morgan Stanley. Yanolja, founded in 2005 by CEO Lee Soo-jin, originally provided accommodation introduction services and rapidly expanded into the franchise business and technology companies. This rapid growth is deemed unusual for startups in the ICT sector.
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