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Investment Summary

SK Telecom Invests In Joby Aviation

On June 29, 2023, SK Telecom invested in airliner Joby Aviation

Investment Highlights
  • This is SK Telecom’s 1st transaction in the Airlines sector.
  • This is SK Telecom’s 6th transaction in the United States.
  • This is SK Telecom’s 4th transaction in California.

Investment Summary
Date 2023-06-29
Target Joby Aviation
Sector Airlines
Investor(s) SK Telecom
Deal Type Stake Purchase

Target

Joby Aviation

Santa Cruz, California, United States
Joby Aviation is a transportation company developing an all-electric vertical takeoff and landing aircraft. Joby Aviation was founded in 2009 and is based in Santa Cruz, California.

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Investor(S) 1

Investor

SK Telecom

Seoul, South Korea
Category Company
Founded 1984
Sector Communications
Revenue 17.94T KRW (2024)
DESCRIPTION

SK Telecom is a provider of wireless telecommunications services. SK Telecom was founded in 1984 and is based in Seoul, South Korea.

DEAL STATS #
Overall 11 of 11
Sector: Airlines M&A 1 of 1
Type: Stake Purchase M&A Deals 4 of 4
State: California M&A 4 of 4
Country: United States M&A 6 of 6
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Shopkick

Redwood City, California, United States

Shopkick, Inc. is a mobile app that offers rewards for walking into stores. It was formed in 2009 and is based in Redwood City, California.

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