South Korea’s Kurly Inc, which operates online grocery service Market Kurly, applied for a preliminary approval for an initial public offering (IPO), the Korea Exchange said on Monday.
Kurly, which launched its service in 2015, received pre-IPO funding of about 250 billion won ($204 million) from private equity firm Anchor Equity in December 2021 which valued the company at about 4 trilion won, a Kurly spokesman said.
