Yanolja Achieves Record Revenue of KRW 924.5 Billion
Creatrip Team
a year ago
Yanolja, a South Korean travel tech company, reported a record revenue of KRW 924.5 billion (approximately $800 million) in the previous year, marking a 22% increase from the prior year. Operating profit also saw a significant growth of 1782%, reaching KRW 49.2 billion. Yanolja's business is divided into three main areas: enterprise solutions, a consumer platform, and Yanolja Platform, merged with Nol Universe at the end of last year. The company attributes the success to the global expansion of its enterprise solutions across over 200 countries and stable growth in its consumer platform, despite challenges such as the strong dollar and setbacks in the travel market. Yanolja plans to continue enhancing its AI services and expanding in the global market to achieve ongoing growth and profitability.