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Aspex Management, DST Global, Sequoia Capital China, and Hillhouse Capital led a $200m Series F funding round in Kurly.

Synopsis

Aspex Management, DST Global, Sequoia Capital China, and Hillhouse Capital led a $200m Series F funding round in Kurly, an operator of South Korea’s mobile grocery app “Market Kurly“. Additional investors included Millenium Management and CJ Logistics. “This funding round is a testament to Kurly’s contributions in transforming customer’s everyday habit of conducting grocery shopping at physical stores into a more convenient way of shopping online by offering a superior selection of products through its innovative delivery service,” Seul-A Kim, Kurly CEO and Founder.

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