Kurly plans to go public next year

Seoul-based online food delivery platform that provides next-day delivery services across the country Kurly announced plans to go public by June next year. The start-up estimates the company valuation at approximately $5.9 billion after it debuts on KOSPI.

Backed by Sequoia Capital and DST Global among other prominent investors, Kurly raised almost $500 million to date and was last valued at $1.96 billion following its $200 million Series F round in June this year.