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Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series D round

Kurly, a grocery e-commerce startup in Korea, closes upsized 3M Series D round Kurly, a startup that operates a grocery delivery service in Korea, said today that it has closed an upsized Series D round that reached a total of $113 million. The company announced the round in April when it was […]

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Pi Day wasn’t pleasant for a lot of tech execs

Pi Day wasn’t pleasant for a lot of tech execs Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee […]

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Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for […]

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Payment service Toss becomes Korea’s newest unicorn after raising $80M

Payment service Toss becomes Korea’s newest unicorn after raising M South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and […]

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Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund

Korean e-commerce firm Coupang raises billion from SoftBank’s Vision Fund Just days after a CIA report concluded that Saudi Crown Prince Mohammed bin Salman ordered the murder of journalist Jamal Khashoggi, SoftBank’s Vision Fund — the gargantuan investment vehicle anchored by a $45 billion investment from Saudi Arabia’s PIF sovereign fund — is back […]

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