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New Deal


Announced

Completed

DST Global led a $150m Series E round in Kurly.

Financials

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Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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South Korea

E-commerce

Private

Friendly

food delivery platform

grocery distributor

grocery delivery

Private Equity

Acquisition

Single Bidder

Minority

Venture Capital

Completed

Cross Border

Synopsis

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DST Global, led a $150m Series E funding round in online grocery delivery startup Kurly. Other venture capital firms including Sequoia Capital China, Hillhouse Capital, Fuse Venture Partners, SK Networks, and Translink Capital also participated in the funding rounds alongside DST Global. The Series E financing round values the startup, which operates online premium grocery service Market Kurly, at around $780m. The three investors had participated in Kurly’s $109m Series D a year ago.

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