South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile investors such as KT Investment and Kakao Investment alongside existing investors NH Capital-DTN Investment, STIC Ventures and Shinhan Capital.So f
(Courtesy of Market Kurly) Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three global investment banks as underwriters. The startup selected Goldman Sachs, JPMorgan and Morgan Stanley as the underwriters for a public
Osan distribution center, Korea (Courtesy of CPPIB) The Canada Pension Plan Investment Board (CPPIB) and Hong Kong-based logistics property developer ESR will expand their $500 million Korean logistics joint venture to $1 billion. CPPIB is contributing the majority of the additional
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co., according to investment banking sources on Mar. 15 – just after its founder and Chief Executive Sophie Kim revealed plans to go public with
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese logistics companies, as the neighboring country is increasingly embracing e-commerce that boosts freight demand. MBK has secured a 37% internal rat