Alibaba Helps Korean Grocery Pioneer Take K-Food to Singapore
Market Kurly became South Korea’s first billion-dollar online grocery app by delivering fresh produce to customers’ doorsteps by dawn the next day. Now it’s expanding to Singapore by offering products on Alibaba Group Holding Ltd.’s RedMart.
![Alibaba Helps Korean Grocery Pioneer Take K-Food to Singapore](https://ussnsimg.moomoo.com/moo-1660203200-102398087-iPhone-13-org.jpg/bigmoo)
Singaporeans will be able to buy Market Kurly’s ready-to-cook and ready-to-eat meals from Wednesday via the app, owned by Alibaba unit Lazada. The initial launch of 44 products will be gradually expanded to chilled food and possibly non-food daily products in the future, Market Kurly Chief Executive Officer Sophie Kim said.
The move marks the first overseas push for the seven-year-old startup, which is preparing for an initial public offering at home. Its backers include Millennium Management, Sequoia Capital China and Hillhouse Capital.
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whqqq : Oh, I like this actress.
By the way, it seems that Lazada provides the company with a wider business service area.