Global Brain Corporation (GB) has invested in DAILY CO., LTD. (DAILY), a Korea-based startup providing a mobile focused hotel and restaurant reservation services, through its KDDI Open Innovation Fund (“KOIF”) and GB-VI Growth Fund Investment Limited Partnership (“GB-VI”).

DAILY began to offer the DAILYHOTEL services, the very first mobile focused hotel reservation platform, in Korea in 2014. Since then, it also added the capability to make the restaurant reservations as well. The cumulative downloads have now exceeded 9 million downloads.

As of April of this year, the number of hotels that can be reserved via the DAILY HOTEL services are over 350 thousand in Korea and abroad, including Japan, Thailand, Hong Kong and Singapore. The annual total gross transaction for the past year was over 12 billion Japanese Yen.

DAILY intends to invest the funds raised during the current financing round to further analyze and individualize the collected data of the DAILYHOTEL users by utilizing the artificial intelligence, and to improve the user experience of the services, and also to invest in its human resources in order to expand its market, including Japan.

GB highly evaluated DAILY’s travel platform services related to stay and eat and decided an investment.

About DAILY

Corporate Name
DAILY CO., LTD.
Headquarters
Seoul, Republic of Korea
Representative
Ryan Shin, Representative Director
Founded
July 2013
Business
Providing a mobile focused hotel and restaurant reservation services
URL
https://corp.dailyhotel.co.kr/

About KOIF

Fund Name
KDDI Open Innovation Fund Ⅱ
General Partner
Global Brain Corporation
Fund Size
5 Billion JPY

About GB-VI

Fund Name
GB-VI Growth Fund Investment Limited Partnership
General Partner
Global Brain Corporation
Fund Size
20 Billion JPY

About GB

Corporate Name
Global Brain Corporation
Headquarters
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January, 1998
Business
Venture Capital
URL
http://globalbrains.com/