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South Korean online grocery platform Kurly restarts IPO plans.
South Korean online grocery platform Kurly is restarting its initial public offering (IPO) plans, as improved profitability and enhanced cooperation with Naver bolster its valuation prospects, potentially offering an exit route for long-term investors. According to market sources on Wednesday, Kurly has held regular discussions with its IPO underwriters, Korea Investment & Securities, NH Investment & Securities, and JPMorgan Chase, regarding a potential listing.
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