Friday, 24 March, 2023

South Korea’s Kurly Scraps IPO Plans

<p>Kurly, a South Korean startup that provides next-day grocery delivery service, just announced that it has called off its plan to go public. The startup passed the preliminary listing screening on August 22, 2022. In South Korea, a private company must complete the initial public offering process within six months after it receives initial approval for listing. Kurly&rsquo;s $210 million pre-IPO funding at a $3.3 billion valuation in December 2021.</p> <quillbot-extension-portal></quillbot-extension-portal>