About Hello Market
Hello Market is a company based in Seoul (South Korea) founded in 2011.. Hello Market has raised $2.93 million across 1 funding round from investors including GS Shop, Daesung Startup Investment and HBIC. Hello Market offers products and services including Hello Market App and Hello Market Website. Hello Market operates in a competitive market with competitors including eBay, 58City, Karrot, Craigslist and Used Nara, among others.
- Headquarter Seoul, South Korea
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hello Market Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.93 M (USD)
in 1 rounds
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Latest Funding Round
$2.93 M (USD), Series A
May 20, 2014
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Investors
GS Shop
& 3 more
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Employee Count
Employee Count
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Products & Services of Hello Market
Hello Market offers a comprehensive portfolio of products and services, including Hello Market App and Hello Market Website. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for trading second-hand items without commissions
Web-based service for listing and purchasing used goods
Funding Insights of Hello Market
Hello Market has successfully raised a total of $2.93M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.93 million completed in May 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $2.9M
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First Round
First Round
(20 May 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Series A - Hello Market | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hello Market
Hello Market has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include GS Shop, Daesung Startup Investment and HBIC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is provided to early-stage high-potential companies.
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Founded Year | Domain | Location | |
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TV home shopping services are provided nationwide in South Korea.
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Founded Year | Domain | Location | |
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Manages diversified investment portfolios across various asset classes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hello Market
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hello Market
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hello Market Comparisons
Competitors of Hello Market
Hello Market operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as eBay, 58City, Karrot, Craigslist and Used Nara, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Online second-hand listing platform offering multi-category products and services
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| domain | founded_year | HQ Location |
Multi-category second-hand products are traded on an online marketplace platform.
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
App-based platform for trading second-hand products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hello Market
Frequently Asked Questions about Hello Market
When was Hello Market founded?
Hello Market was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Hello Market located?
Hello Market is headquartered in Seoul, South Korea.
Is Hello Market a funded company?
Hello Market is a funded company, having raised a total of $2.93M across 1 funding round to date. The company's 1st funding round was a Series A of $2.93M, raised on May 20, 2014.
What does Hello Market do?
Hello Market was founded in 2011 in Seoul, South Korea, as an e-commerce platform focused on second-hand goods. An online marketplace and applications for Android and iOS devices are operated, allowing users to post free advertisements. Transactions are supported via an integrated escrow payment system, which incurred no fees for registration or use as of October 2016. Live chat functionality is provided for user interactions.
Who are the top competitors of Hello Market?
What products or services does Hello Market offer?
Hello Market offers Hello Market App and Hello Market Website.
Who are Hello Market's investors?
Hello Market has 4 investors. Key investors include GS Shop, Daesung Startup Investment, HBIC, and Hanwha Investment.