Watch out for these 10 hot startups from South Korea

Quick Summary:

The startup claims its annual GMV crossed $2.35 billion (3 trillion KRW) in 2022 and that its revenue hit $662.5 million in 2022.

Kurly was last valued at around $3.3 billion when it raised a $210 million pre-IPO round in December 2021, but reports suggest the company’s price tag has since shrunk to $669 million.

Yanolja is reportedly preparing to raise $400 million in its initial public offering in the U.S., which could value the company between $7 billion and $9 billion.

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Article Details

Author / Journalist: Kate Park

Category: StartupsBusiness

Markets: United StatesCanadaChinaCubaIndiaJapanNorth KoreaSouth KoreaSingapore

Topics: South korea Evergreens South Korea startup Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 13:00:00 (22 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 2289 words

Reading Time: 13 minutes read

Sentences: 92 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22312691

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