Startups & VC

Naver raises Kurly stake to 6.2%

Naver participated in Kurly's third-party placement, buying 500,000 new shares at ₩330 billion ($23M). Its stake grew to 6.2% from 5.1%; Kurly values at ~$1.9B. Coupang's profitable turn is in sight, lifting IPO odds.

Primary sources · 2
Seoul Economic DailyKorea Herald
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