Announced
Completed
Financials
Sources
Tags
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
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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