Kurly revisits IPO as profits improve, Naver backing grows

What happened: Kurly is reviving IPO plans, holding regular talks with underwriters Korea Investment & Securities, NH Investment & Securities and JPMorgan, as profitability improves and Naver backing grows. Key numbers: 2025 revenue 2.37 trillion won, operating profit 13.1 billion won. Why it matters: Improved earnings and the Naver investment may restore confidence in Kurly's valuation and improve exit prospects for long-standing investors. Observers expect a preliminary listing review by year-end, with a possible debut in the first half of 2027.

Kurly is reviving IPO plans, holding regular talks with underwriters Korea Investment & Securities, NH Investment & Securities and JPMorgan, as profitability improves and Naver backing grows.

Improved earnings and the Naver investment may restore confidence in Kurly's valuation and improve exit prospects for long-standing investors. Observers expect a preliminary listing review by year-end, with a possible debut in the first half of 2027.