April 20, 2024
Retail & Consumer
Cafe24 posts record GMV in Q1
[THE INVESTOR] Korea’s leading e-commerce platform cafe24 said on April 26 that its quarterly gross merchandize value has hit an all-time high of 1.83 trillion won (US$1.67 billion) in the first three months of this year.
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The figure was a 22.8 percent jump from the previous year. The firm added its full-year GMV through more than 1.5 million websites could reach 8.4 trillion won.
Largely buoyed by its latest push for global expansion, cafe24 made its stock debut on the nation’s secondary bourse KOSDAQ in February.
By Park Ga-young (gypark@heraldcorp.com)
