PS Alliance Leads USD276m Round for South Korean E-Commerce Platform Tmon

Source(s): AVCJ

PS Alliance, an investment unit of South Korean automotive and electronic components manufacturer Poongsung Group, led a KRW305b (approximately USD276m) investment in South Korea-based e-commerce platform Tmon. As part of the round, existing shareholders KKR and Anchor Equity Partners have invested an additional KRW50b (approximately USD45m). Read more