KoreaTechDesk | Korean Startup and Technology News

Sat, August 30, 2025

Sign in

Virtual Demo Day
Menu
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
Home Services

Residence hospitality company Jienem appoints Kyobo Securities as IPO Manager

by Chloe kim
March 31, 2023
in Services
1
Jienem

Jienem registers record profit in 2022.

0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

Jienem, a residential hospitality company, has selected Kyobo Securities as its representative manager to prepare for an initial public offering (IPO).

Established in 2014, Jienem has developed online and offline guesthouse reservation brokerage, franchise, and consignment operation businesses. It succeeded in pivoting as a residential hospitality business in 2021 and currently operates lifestyle accommodation brand ‘Y Collection’ and franchise hotels ‘The Leaf’ and ‘Unboundi.’

Jienem is expanding its business by launching Y Collection Stay, a mid- to long-term lodging platform specializing in high-end residences. It is also participating in the construction of a senior town and smart city for the silver generation. In the first half of this year, it plans to launch ‘GO:YO’, a life care service platform targeting the 50s and 70s age group’.

Last year, Jienem recorded a sales increase of over 700% compared to the previous year and achieved operating profit surplus. This year, the company aims to maintain 20 billion won in sales and a net profit surplus. To achieve this, Jienem has completed human resources expansion and fund transfusion in preparation for an IPO.

Jinam CEO Lee Jun-ho said, “Starting with the selection of the host company, we plan to gradually lay the groundwork for future listing preparations through a strategic approach.”

Also Read,

  • Korean accommodation service startup Jienem registers huge profit in a post-Covid world
  • Korean hospitality tech startup Onda attracts over $9 million in investment
  • Roborus provides CRM intelligence solution to revolutionize retail and hospitality industry
  • MyRealTrip to launch overseas accommodation reservation service with 600,000 properties worldwide
Tags: Hospitality service platformInvestmentIPOJienemKyobo SecuritiesUnboundiY Collection
Previous Post

Korean EV commerce platform Ride Now secures 5 billion won pre-A investment & selected for TIPS program

Next Post

beSUCCESS to be an official media partner at Asia’s largest technology expo ‘Beyond Expo 2023’ 

Next Post
Beyond Expo

beSUCCESS to be an official media partner at Asia's largest technology expo 'Beyond Expo 2023' 

Please login to join discussion

POPULAR POSTS

Rebellions: First Korean AI Chipmaker to Establish Saud...
South Korea’s AI hardware innovation is stepping…
by Daehyun Song . 20 Aug 2025

Upstage Teams with AWS to Scale Solar LLM in APAC and U...
Korea’s AI ecosystem is gaining global traction, and one of its most prominent startups has just secured a new milestone.…
by Dae-jung Park . 20 Aug 2025

STCLab’s NetFUNNEL: A Telecom-Grade Traffic Control f...
As digital services face unpredictable surges in online demand, STCLab is helping enterprises turn traffic from a liability into a…
by Chloe kim . 19 Aug 2025

Bill Gates Spotlights Korean SME With Masters in US$8.5...
The meeting between Microsoft founder Bill Gates and Korean SME With Masters Inc. has placed a spotlight on a US$8.5…
by Chloe kim . 22 Aug 2025

Korea Opens Pension Funds to Venture Investment, Expand...
Korea is moving to reshape its startup landscape with bold financial reforms tied to its ambition of becoming the top…
by Dae-jung Park . 23 Aug 2025

Register for Event

MOST READ ARTICLE OF THE WEEK

1.
South Korea’s Ministry of SMEs and Startups Unveils $2.23 Billion Support Plan for Startups in 2025
3 Jan 2025
2.
South Korea Shines at CES 2025: Global Innovation Champion, Record-Breaking K-Startup Pavilion, Award-Winning Innovations
10 Jan 2025
3.
South Korea Opens Applications for the 10th K-Startup Grand Challenge 2025 – Korea’s Flagship Market-Entry Program Offering ₩950M (US$633K) in Government Support 
7 May 2025
4.
K-Startup Grand Challenge : Empowering Global Startups and Driving Innovation in South Korea
28 Apr 2025
5.
AI in South Korea: Startups Leading the Generative AI Revolution
1 Apr 2025

List Article

1.
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030
20 Aug 2024
2.
Top Co-working Spaces for Startups & Companies to Explore in South Korea
3 Apr 2024
3.
Top Accelerators in South Korea Shaping Startup Success
29 Nov 2023
4.
Top Korean Venture Capital Firms Backing Startup Success
26 Oct 2023
5.
Top Apps for Seamless Korean to English Translation
14 Aug 2023

Similar Articles

Services

Kakao and OpenAI Collab: Kanana AI, KakaoTalk Integration, and the Push for Korea’s Sovereign AI

More
jeju island
Services

Korean Law Firm SEUM Innovates Work-Life Balance with ‘Workation’ Program on Jeju Island

More
K Visa, a visa platform for foreigners
ServicesStartup

K Visa Secures Investment from Strong Ventures to Enhance Visa Services for Foreigners

More

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

Contact us : [email protected]

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

© 2023 Koreantech News & Media Korea Zrt. All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.