Announced
Completed
Financials
Sources
Tags
Minority
Acquisition
E-commerce
Completed
South Korea
Venture Capital
Private Equity
Private
Friendly
reselling app
Cross Border
Synopsis
Altos Ventures, a technology investment firm, led a $168m Series C funding round in Kream, a reselling platform, with participation from Naver, SoftBank Ventures Asia, Mirae Asset Capital, Samsung Securities and Axiom Asia. “Kream has tried to resolve the reliability of products and inconvenient transaction processes that customers felt most uncomfortable about while using C2C reselling platforms. Kream has secured the most data in South Korea to guarantee genuine products,” Mingook Kim, Kream Chief Business Officer.
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