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Summary*

Kurly, founded in 2014 and headquartered in Seoul, South Korea, is a prominent player in the e-commerce industry, specializing in food delivery and logistics. The company's platform allows users to order a wide range of food products, including desserts, bread, milk, and processed foods, for next-day morning delivery. Since its inception, Kurly has experienced significant growth, attracting substantial investments from notable firms such as Anchor Equity Partners, Aspex Management, and DST Global.

The company's impressive funding history includes multiple rounds, with the most recent being a Private Equity round in May 2023, raising $91 million. Kurly's valuation has seen a remarkable increase over the years, reaching $3.3 billion in December 2021, according to reports. This growth trajectory and the company's innovative approach to food delivery have positioned Kurly as a significant competitor in the South Korean e-commerce market.

While there is currently no official information available regarding Kurly's IPO prospects, the company's strong financial backing and market position have naturally led to speculation about its future plans. However, it's important to note that any discussions about a potential Kurly IPO remain purely speculative at this time.

Factors that could influence Kurly's decision to go public in the future might include market conditions, the company's financial performance, and its long-term growth strategy. As with any potential IPO, investors interested in Kurly should keep an eye on official announcements and financial reports for the most accurate and up-to-date information.

How to invest in Kurly

While Kurly's IPO prospects remain uncertain, investors eager to gain exposure to promising e-commerce companies in South Korea don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, potentially allowing you to benefit from their growth before they go public. Our platform provides opportunities to invest in emerging leaders across various sectors, including e-commerce and tech, with lower minimum investments than traditional private equity opportunities.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.