Following Coupang, Market Curly is also paying attention as the plans to list the stock market within this year have been revealed.
According to Curley, a market-curly operator on the 12th, CEO Seul-ah Kim recently shared a plan to promote listing within this year with employees of the team leader level or higher.
The company is not limited to the US stock market, but is considering listing all possibilities in the Korean and US markets.
The Wall Street Journal, an American media outlet, said that CEO Seul-ah Kim is discussing plans for listing within this year with financiers. It also introduced that Market Kurly is a company worth about 880 million dollars (about 1 trillion won).
Market Curly is a company that is on the road to success by targeting young housewives by delivering early morning delivery of fresh foods, which is called’Satbyul Delivery’. Market Curly users also increased sharply as non-face-to-face orders increased due to the Corona 19 pandemic. Currently, it has more than 7 million members and operates a total of four distribution centers including the Gimpo distribution center. In addition, annual sales from 2.9 billion won in 2015 jumped to 428.9 billion won in 2019. In the same year, net loss from large-scale investment was 97.5 billion won.
Meanwhile, as the news of Market Curly’s listing has spread, attention is also being focused on the current status of Curly unlisted stock trading. The average transaction price of the company’s unlisted stocks in the last six months was 25,000 to 35,000 won per share.
Currently, it is formed in the 50,000 won range as a’Buy Opinion’, and most of it has been recovered as a selling volume, but the current selling price has surged about twice to 60,000 won.
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After the news of Curly listing was announced, it has doubled (based on noon) compared to the average of Curly stocks in the unlisted Seoul Exchange, and is expected to increase by 7 to 8 times on average until today.
Unlisted CEO Kim Se-young of the Seoul Exchange said, “As the news that Coupang, SK Bioscience and Curly are joining the IPO ranks, interest in unlisted stock trading is increasing together.” As they are preparing for listing, interest in unlisted stocks will increase further in the future,” he said.