스킵네비게이션

Enterprise Together with KSC

Company Overview
Real-time API-based product, order and inventory management service. The Only Korean seller platform that connects up to 30 eCommerce distribution channels(ex. Coupang)

Sectors

  • E-Commerce

Project Summary

  • Seller Hub is a platform for online sellers for Domestic(Korean) market, where sellers upload their products ONCE then they are automatically registered on up to 30 eCommerce channels simultaneously.

Business Model

  • Revenue model Order based commission(fee)
  • Key Customer Online sellers
Major Performance
  • Sales

    • 2018-$3.6M
    • 2019-$6.2M
    • 2020-$8.6M
  • Investment

    • $62M
    • Lotte Accelerator and 7 other Venture Capitals
  • Employees

    • 2018-51
    • 2019-51
    • 2020-64
  • Patent

    • No. 40-1702277 Sellerhub,
    • No. 40-1479658 LATELY,
    • No. 40-1479659 LATELY
Overseas Expansion

Stage

Preparing for overseas (USA) expansion

Status

  • In the final phase to beta launch a Dropship B2B eCommerce service in the US by end of July offering the followings; - 2.6M SKUs of Korean products - In the categories of fashion, cosmetics, electronics,
  • home/kitchen/livingroom gadgets (and many more)

Performance

  • Preaparing for overseas(USA) expansion
  • 2021 Domestics KPIs (Korea) - GMV $62M - # of sellers: 32,000+
Short-term goals in three years
  • Global dropshipping market is expected to grow from $150B in 2020 to $500B in 2025.(US CISION PR NEWS research) Based on this, our initial target GMV for 2021 Nov is $1M, and by 2023, we plan to accumulate up to 10,000 online registered sellers and $100M in annual GMV
Products / Services
1 2
Target Country
USA
Date of Establishment
Jul 31, 2012
  • CEO
    Yeon Jin, Chu
  • Founder’s Background
    • 2016~ Present Seller Hub Inc / CEO
    • 2015 Link Shops / Dongdaemun B2B Dropship eCommerce platform / CTO
    • 2012~2015 (USA) Home Depot / eCommerce(Homedepot.com) / Product Manager
    • 2011~2012 Zappos / Amazon subsidiary, eCommerce(6pm.com) / Product Manager
    • 2010~2011 Canari Noir, USA / Fashion eCommerce Startup / CTO and more than 15 years of professional industry experience in IT & eCommerce verticals