Today in food commerce, delivery services launch new private label lines, while past trends give restaurants insight into consumers’ mid-inflation dining habits. Plus, Smoothie King COO Dan Harmon discusses how the brand reduces digital friction to drive loyalty. Smoothie King’s Strategy to Win Back Customers...
As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6 billion (or 2 trillion won) threshold last year. As Pulse reported Tuesday (Jan. 18), multiple retail industry sources say Kurly...
Today in restaurant and grocery tech news, TikTok teams up with Virtual Dining Concepts to open 1,000 virtual kitchens in the next year, and Burger King’s parent company steps up its digital initiatives. Plus, funding pours in for online grocery. Restaurant Brands International Inc. Teams...
Around the world, investors remain hungry for food eCommerce solutions. Seoul, South Korea-based grocery delivery startup Kurly has raised 250 billion won, or about $210 million, in a funding round in advance of its initial public offering (IPO), Korea JoongAng Daily reported Monday (Dec. 20),...
January 18, 2022
As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6 billion (or 2 trillion won) threshold last year. As Pulse reported Tuesday (Jan. 18), multiple retail industry sources say Kurly founder and CEO Kim Seul-ah set that target in a […]
October 29, 2021
South Korea’s online grocery startup Kurly is looking to go public in June of 2022, and estimates a value of $5.9 billion following its initial public offering. As TechCrunch reported...
