Kurly

E-commerce Naver, Kurly tie up to counter e-commerce giant Coupang

South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...

E-commerce Naver mulls acquiring about a 10% stake in Kurly

Naver Corp. is considering taking over a stake in Kurly Inc. to become the largest shareholder in the South Korean dawn delivery service market pion...

E-commerce S.Korea's dawn delivery pioneer Kurly sells luxury goods to uplift profit

Kurly Inc., South Korea's dawn delivery service market pioneer, has invited a third-party online retailer to sell luxury goods on its platform to bo...

E-commerce Kurly’s earnings rebound may put IPO back on track

Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...

E-commerce Kurly seeks fresh funding at half its peak valuation

Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...

IPOs S.Korea’s IPO market sours as Kurly postpones listing

South Korea’s initial public offering market has soured as gourmet food delivery platform Kurly Inc. delayed its listing amid deteriorating in...

Korean startups Korean unlisted stock bubble bursts as interest rates rise

Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...

E-commerce Coupang launches Rocket Fashion Growth division to beef up fashion retail

Coupang, Inc. recently established the Rocket Growth Fashion division, according to industry insiders on Monday. As the name suggests, the team...

Corporate strategy Market Kurly drops Market from platform name to expand business scope

South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...

Upcoming IPOs Korean grocery delivery platform Oasis starts IPO process

South Korea’s grocery delivery platform Oasis Corp. filed for preliminary IPO screening to Korea Exchange on Sept. 7. The firm is aiming to li...

IPOs Kurly, Golfzon get preliminary nod for 2022 IPOs

Gourmet food delivery platform Kurly and Golfzon County have won preliminary approval for their initial public offerings set for this year.The Korea...

Food & Beverage Kurly enters Singapore grocery market, targeting SE Asia

South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim to expand its busines...

IPOs Market Kurly's sales surge 49% on-year in Q1

South Korea’s Kurly Inc., the operator of grocery delivery platform Market Kurly, achieved 641.7 billion won ($511.6 million) in gross merch...

Korean startups SK Networks sees $80 mn valuation gain from Kurly

South Korea's grocery delivery app Kurly Inc. has generated a valuation gain of 100 billion won ($80 million) for SK Networks Co., or a triple-digit...

Retail Lotte to end dawn delivery service where Coupang, Kurly lead

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

IPOs Kurly’s mounting losses spark controversy over planned IPO

South Korea’s Kurly Inc. nearly doubled its on-year losses on higher costs last year -- raising market controversy over its listing -- as the ...

IPOs Kurly applies for Korea IPO to raise about $800 mn

South Korea's Kurly Inc. on Monday applied for a preliminary review of its initial public offering, the Korea Exchange said, as the operator of groc...

Chief Executives Kurly CEO Sophie Kim on the road less traveled 

Kurly Inc. CEO Sophie Kim had her first quarrel with her husband while waiting two hours in line to get into the parking lot of Costco.Reminiscing...

Chief Executives Kurly CEO Sophie Kim

Kurly Inc. Sophie Kim...

IPOs Unicorns like Socar and Kurly to dominate Q2 IPOs

Korea’s first mobility unicorn Socar and an online grocery delivery service operator Kurly Inc. are scheduled to begin the process of an IPO e...

Pension funds NPS picks Hillhouse Capital for private equity investment in Q3

South Korea’s National Pension Service (NPS) selected private equity giant Hillhouse Capital Group in the third quarter of this year for its...

Pre-IPOs Market Kurly raises $200 mn at over $3 bn valuation

Kurly Inc., an operator of South Korea's online grocery delivery service Market Kurly, has raised 250 billion won ($212 million) in pre-IPO funding ...

IPOs Kurly, SSG.COM, Oasis plan for fast-track 2022 IPOs

Competition among South Korean e-commerce companies for initial public offerings is expected to get even fiercer next year. Kurly Inc., the oper...

IPOs Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO

SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with its valuation estimat...

IPOs Market Kurly's IPO plans dwarfed by SSG.COM's IPO talk

Kurly Inc., which runs South Korea's online grocery delivery service Market Kurly, has tentatively halted its IPO process, about a month after it an...

IPOs Market Kurly makes U-turn to Korea Exchange IPO

Kurly Inc., the operator of South Korea's online grocery delivery service Market Kurly, has canceled a US listing plan to resume its domestic IPO pr...

Pre-IPO funding Market Kurly raises another $200 mn at a $2 bn valuation

The valuation of Kurly Inc. has now surpassed 2 trillion won ($1.8 billion).  The operator of South Korea’s online grocery and gourmet fo...

IPOs Kurly hires Goldman, JPMorgan, Morgan Stanley for US listing

Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three global investment banks ...

IPOs Market Kurly faces bumpy road to 2021 US listing

South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...

IPOs Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...