The CyberAgent-backed online food delivery service is valued at $2.6bn, as of a $320m round led by Hillhouse Capital that included Sequoia Capital and GIC.

Woowa Brothers, a South Korea-based food delivery app owner backed by internet company CyberAgent and financial services firm Goldman Sachs, has raised $320m at a $2.6bn valuation, Reuters has reported.

Hedge fund manager Hillhouse Capital led the round, which included venture capital firm Sequoia Capital and Singapore government-owned sovereign wealth fund GIC.

Woowa Bros is the operator of Baedalui Mijok, an app that allows users to order food to be delivered from local restaurants. The platform, which fulfilled more than…