Wednesday, July 23, 2014

Qualcomm Backs Korean Delivery Service Naldo

San Diego-based Qualcomm, via its venture capital arm, Qualcomm Ventures, has invested in a Korean "instant delivery" startup Naldo, in a Series A funding. The funding came from both Qualcomm Ventures and Softbank Ventures Korea. Financial details of the funding were not disclosed. Naldo offers up a service for Korean consumers and businesses, letting them order products and receive them in only a few hours using local couriers.