Korea-based startup Yello Mobile has raised $100 million from Formation 8 at a $1 billion valuation. You probably haven’t heard about Yello Mobile if you live outside of Asia, but the startup has set its sights on becoming one of the region’s largest mobile media companies through a series of acquisitions. Its latest funding puts the total Yello Mobile has raised since it was founded in August 2012 at $176 million.
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