Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

K Car (Korea's Carvana?): Offering Details, Pricing Structure, & Valuation Issues

WeMakePrice - What's Next After Major Investment by Nexon Korea?

Record Results for 11st & Other Major Korean E-Commerce Players Likely in 1H 2020

Kurly - A Korean Online Grocery Receives $150 Million from DST, Hillhouse Capital, & Sequoia Capital

Private Capital Markets

Danggeun Market / Private Capital Markets

In the midst of the COVID-19 pandemic, Danggeun Market has surged to become the number one player in the used goods e-commerce marketplace in Korea in 2020. <a href="http://www.theinvestor.co.kr/view.php?ud=20190909000563" target="_blank" rel="noopener">Danggeun Market</a> is a secondhand marketplace app that links buyers and sellers based on their locations and reviews. Established in 2015, Danggeun Market received 40 billion won ($33.5 million) in funding in September 2019 from Altos Ventures, Goodwater Capital, Softbank Ventures, Kakao Ventures, Strong Ventures, and Capstone Ventures. Certainly, Danggeun Market has some very strong financial backers. Secret Sauce of Danggeun Market - The combination of ease of use, the quick neighborhood-based marketplace, and location-based services using artificial intelligence are the main reasons why the Korean consumers have flocked to using Danngeun Market app. The explosive growth and popularity of Danggeun Market have resulted in a heightened competitive threat to other shopping e-commerce platforms including Coupang, 11st (SK Telecom affiliate), Wemakeprice, Gmarket, and Naver.

In the midst of the COVID-19 pandemic, Danggeun Market has surged to become the number one player in the used goods e-commerce marketplace in Korea in 2020. Danggeun Market is a secondhand marketplace app that links buyers and sellers based on their locations and reviews. Established in 2015, Danggeun Market received 40 billion won ($33.5 million) in funding in September 2019 from Altos Ventures, Goodwater Capital, Softbank Ventures, Kakao Ventures, Strong Ventures, and Capstone Ventures. Certainly, Danggeun Market has some very strong financial backers. Secret Sauce of Danggeun Market - The combination of ease of use, the quick neighborhood-based marketplace, and location-based services using artificial intelligence are the main reasons why the Korean consumers have flocked to using Danngeun Market app. The explosive growth and popularity of Danggeun Market have resulted in a heightened competitive threat to other shopping e-commerce platforms including Coupang, 11st (SK Telecom affiliate), Wemakeprice, Gmarket, and Naver.

당근마켓 - 국내 중고거래 1위 앱으로 도약