Startups

Korean travel platform My Real Trip raises $36 million amid sluggish travel industry

Jung-hwan Hwang

Jul 28, 2020 (Gmt+09:00)

My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investors amid the sluggish travel industry affected by the coronavirus pandemic.

The company plans to use the funding to upgrade its search and recommendation algorithm as well as improving the process in which users can customize their itinerary such as flights, accommodations, tours, activities, and more based on their preference. The company also plans to increase its staffing which currently stands at 140 employees including 70 developers.

Danbee Lee edited this article

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