Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong Kong-based private equity firm. The latest funding brings its total raised to approximately $761 million and values the company at $3.3 billion. The Seoul-based startup that […]
Instant grocery delivery startup JOKR bags another huge round to enter unicorn status
The company touts itself as “one of the fastest companies to reach unicorn status in history.”
Europe’s quick-commerce startups are overhyped: Lessons from China
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Amazon expands same-day Prime delivery to 6 more U.S. cities
Amazon announced this morning it’s expanding its faster, same-day delivery service to half a dozen more U.S. cities. The service, which the retailer has been working to make same-day delivery even faster over the past year, now offers consumers in a number of markets the ability to shop up to 3 million items on Amazon.com, […]