
Cafe24
Its users online shopping sites, management support, marketing, and shipping.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
* | $120m | Series A | |
Total Funding | 000k |
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Cafe24 is a leading global ecommerce platform that specializes in the globalization of Korean-style (K-Style) products. The company operates in the ecommerce market, providing a comprehensive platform that enables businesses to create and manage online stores. Cafe24 serves a diverse range of clients, including small to medium-sized enterprises (SMEs) and individual entrepreneurs who are looking to expand their reach globally. The platform supports over 2 million online shopping stores, primarily focused on Korean fashion, beauty, and lifestyle products, catering to the growing global demand for K-Style items.
Cafe24's business model is based on a subscription service where clients pay for access to the platform's tools and features. These include website building, payment processing, logistics support, and marketing services. The company generates revenue through subscription fees, transaction fees, and additional service charges for premium features.
Cafe24's market is primarily driven by the increasing popularity of Korean culture, known as the Hallyu or Korean Wave, which has led to a surge in demand for K-Style products worldwide. The company has established itself as a key player in this niche market by offering a robust and scalable ecommerce solution that helps businesses succeed on a global scale.
Keywords: ecommerce platform, K-Style products, global expansion, online stores, Korean fashion, beauty products, subscription service, logistics support, marketing services, Hallyu.