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Comment on [Korean Startup Interview] US$1B Valued Yello Mobile Cherry-picks Best Mobile Apps by Apps To Help You Trade Stock In Asia - TechNode
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Comments for TechNode
There is a new Korean “Unicorn” (a company valued at US$1 billion): Yello Mobile.
Founded in August 2012, Yello Mobile is a company that bought 61 mobile companies just last year in Korea.
Last year, Yello Mobile received US$100 million investment from Formation8 with valuation at over US$ 1 billion.
To become a leading mobile company in Asia, the company cherry-picks the best mobile apps based on their operations in SMATO: Shopping, Media, Advertisement, Travel and O2O.
By acquiring startups, Yello Mobile not only helps its subsidiaries, but also helps the Korean startup ecosystem as a whole.
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