Kurly
Growing a spine for the digital economy
DriveNets, CargoX, Xcena, and more raised funds this week.
Korean grocery unicorn Market Kurly partners with RedMart to enter SG
Market Kurly currently offers 44 products on the RedMart app, including snacks and soba noodles from a Michelin-star restaurant, reported Bloomberg.
South Korean crypto exchanges Upbit, Bithumb turn unicorns
Other unicorns in the country include Zigbang, Kurly, Bucket Place, Daangn Market, and Ridi, Forkast.News reported.
Sequoia, Hillhouse, DST return to invest in Korean grocery startup Kurly’s $200m round
The mobile grocery app’s post-money valuation has risen to US$2.2 billion.
Prepare to ride out this pandemic-triggered recession until 2022
As startups struggle to survive the from Covid-19, companies will have to adapt stricter financial discipline, while pivoting their businesses.
Korean grocery startup Kurly secures $164m from Sequoia, Hillhouse, DST
It plans to use the new funds to establish its largest fulfillment center to date, as well as speed up customer acquisition and make new hires.
She’s building Korea’s answer to AmazonFresh
Sophie Kim, a veteran of several consulting and investment firms, is now focusing on an online groceries service for South Korea’s capital.
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