Company Performance Metrics
Paul Joo: Platform Director- Brian Jung: Marketing Director
We sell and deliver Korean products to Korean residents outside Korea. They are estimated more than 7.5 million as the end of 2019. It's officially recorded and we assume around 10 million unofficially.
Our service is faster and cheaper than competitors such as Qoo10, Gmarket global, and 11st. global. Especially, we offers vast number of
SKUs via mash-up across all the online stores in Korea. Moreover we combine products and deliver them in a single package to customer.
Since the service begin from Apr-20, sales revenue has increased 10X for a year. Monthly ARPU is closed to $300 and retention rate is more than 60%.
We are now expanding our service to not only Korean residents but also to people who are interested in Korean products, contents, and services. We are developing specialized K-culture-service wave and expect 10 billion USD annual sales revenue till 2027.
