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October 24, 2019

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Yanolja becomes largest shareholder of Southeast Asian budget hotel chain
Yanolja becomes largest shareholder of Southeast Asian budget hotel chain
South Korean unicorn Yanolja said Oct. 23 that it has become the largest shareholder of ZEN Rooms, a leading budget hotel operator in Southeast Asia. The latest investment came after the Seoul-headquartered accommodation-booking firm invested $15 million in the Southeast Asian budget hotel firm in July last year. The exact amount has not been announced, but venture capital Access Ventures, which includes investors from Vietnam, joined the latest funding round.“Since the first inv
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