With a cumulative transaction volume of 200 billion won, Seller Hub, a Korean online seller platform, is on the rise

South Korea's online sales management platform Seller Hub announced on the 31st that the cumulative transaction volume has exceeded 200 billion won as of March 2021. Only six months have passed since the record of 150 billion won was set in September last year .

As of March, the number of stores (sellers and members) reached more than 29,000, the cumulative number of orders reached 7 million , and the monthly active users ( MAU) exceeded 300,000, an increase of 250% compared with last year .

Due to the COVID-19 pandemic, South Korea's online shopping transaction record reached 160 trillion won last year , and sales of small businesses such as household goods and health foods related to the pandemic increased by more than 500% compared with the same period last year. At the same time, the product categories of Seller Hub , a seller platform, are also diversifying, and its sales are also on an upward curve.

Regarding the benefits of Seller Central, 28% of respondents responded that sales have increased, especially small sellers in categories such as Food, Life & Health, Pets, and Used Goods have seen significant sales growth.

Seller Hub is a comprehensive online sales management platform that can be easily used by online sellers such as small business owners and individual entrepreneurs, as well as offline operators. It mainly allows one - time registration and product registration without having to enter each shopping mall or register separately.

With a SellerHub ID, sellers can quickly expose and sell products in online shopping malls and comprehensive shopping malls such as Coupang, G market, 11th Street, Weimeipu , TMON , etc. , and can also easily manage orders , delivery, settlement and other operations.

To date , Seller Hub has received a total investment of 7.8 billion won. At the same time, Seller Hub also won the grand prize in the IT Platform category at the 2021 Consumer Choice Best Brand Awards hosted by JoongAng Ilbo and Forbes.

Joo Yeon-jin, CEO of Seller Hub, said, “ In fact, we were able to achieve 200 billion won in cumulative transactions because we increased sellers’ sales through various detailed support such as holding exhibitions and events . In the future, we will actively support sellers to generate more sales through Seller Hub and contribute to promoting the Korean e-commerce market by growing together. ”

South Korea

Seller

Transaction Amount