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Korean grocery startup Kurly raises $150M

Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be heading to an acquisition.
Sequoia Capital, Hillhouse Capital and Digital Sky Technologies invested in the Korean startup’s Series E financing round, which according to news outlet Korean Investors, valued the firm at around $780 million.
The five-year-old startup, which raised $113 million in its Series D round last year, has raised about $346 million to date, according to CBInsights.
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