South Korean e-commerce platform Ably announced that its parent company, Ably Group, has secured an investment of 100 billion Korean won ($76 million) from Alibaba. According to the statement, the investment grants Alibaba a 5% stake in Ably Group. Following the deal, Ably’s valuation has risen to 3 trillion Korean won ($2.3 billion), earning it the status of a “unicorn” company.