Alibaba's $71M Bet On Ably Corp Turns It Into South Korea's First Unicorn of 2024
Chinese e-commerce company Alibaba Group Holding Ltd BABA has invested $71.4 million or 100 billion Korean won in the South Korean apparel brand Ably Corp. What Happened: Ably is now South Korea’s first unicorn of 2024, with the deal valuing the company at …