Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Private Capital Markets

<p><a href="http://www.koreaninvestors.com/?p=12720" target="_blank" rel="noopener">Socar Inc</a> became another South Korean unicorn last month, valuing the company around 1.1 trillion won after received new funding worth 50 billion won from SG Private Equity in September. This follows an investment of 50 billion won from SoftBank Ventures and LB Private Equity in early 2020. Established in 2011, Socar is now the biggest mobility, car-sharing platform in Korea.</p>

Socar Inc became another South Korean unicorn last month, valuing the company around 1.1 trillion won after received new funding worth 50 billion won from SG Private Equity in September. This follows an investment of 50 billion won from SoftBank Ventures and LB Private Equity in early 2020. Established in 2011, Socar is now the biggest mobility, car-sharing platform in Korea.

Socar: The Biggest Car-Sharing Platform in Korea Becomes the Next Unicorn

South Korea

SOCAR Inc. operates as a car dealer company. The Company provides car sharing, autonomous shuttle, and other related services. SOCAR markets its products worldwide.

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Socar: The Biggest Car-Sharing Platform in Korea Becomes the Next Unicorn

Socar Inc became another South Korean unicorn last month, valuing the company around 1.1 trillion won after received new funding worth 50 billion...

Douglas Kim