Enterprise Together with KSC
Seller Hub
USA
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
-
- yeonjin.chu@sellerhub.co.kr yeonjin.chu@sellerhub.co.kr
-
- Website
- www.sellerhub.co.kr www.sellerhub.co.kr
-
- Location
- 2F, 66, Achasan-ro, Seongdong-gu, Seoul, Korea
-
- 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