Korean retail giant GS Retail & VC IMM PE acquire startup Pet Friends

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South Korea’s pet care industry has been booming, with a number of new businesses and startups joining the sector with innovative products and services. Statista.com forecasts that the market size of the pet care industry in South Korea will reach six trillion won or about $5.2 billion by 2027. The lucrative business has been attracting big companies and retailers to…
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