Kurly Inc.
Kurly Inc. is a South Korean online grocery retailer. It was founded in 2015 by entrepreneur Seulah Kim, who launched the company's flagship service, Market Kurly. The company is known for pioneering next-morning delivery in South Korea, a service referred to as "Saetbyeol Delivery" (새벽배송, literally, "morning star delivery"). This service guarantees delivery of fresh produce such as vegetables and fruits by 7 a.m. the following morning for orders placed before 11 p.m.
Kurly operates a full cold-chain logistics system that maintains a consistent temperature from product intake to final delivery, which is relatively rare in the South Korean market.[1]
Kurly’s business growth has attracted significant investor attention. In 2019, the company raised 135 billion KRW in Series D funding, earning it recognition as a "pre-unicorn" startup in South Korea.[2]
In May 2024, Kurly achieved its first quarterly operating profit, reporting 525.7 million KRW in operating income, which was attributed to reduced transportation costs and improved cost structures.[3]
In December 2024, the company launched a new service allowing third-party vendors to sell luxury goods through the platform.[4]
References
- ↑ "마켓컬리, 풀콜드체인 기술로 신선도 유지…"물류 혁신 선도" [Market Kurly leads logistics innovation with full cold chain system]" (in 한국어). Bloter. 2023-01-10.
- ↑ "마켓컬리, 1350억원 투자 유치…프리 유니콘 기업 등극 [Market Kurly raises 135 billion KRW in funding... emerges as a pre-unicorn]" (in 한국어). Financial News. 2022-01-27.
- ↑ "Kurly sees first-ever operating profit as straight shot to listing". Korea JoongAng Daily. 2024-05-21.
- ↑ "S.Korea's dawn delivery pioneer Kurly sells luxury goods to uplift profit". KED Global. 2024-12-20.
External links
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