About JeongYookGak
JeongYookGak is a company based in Seongnam-si (South Korea) founded in 2016 by Hwanmin Gim.. JeongYookGak has raised $36.2 million across 1 funding round. JeongYookGak operates in a competitive market with competitors including Kurly, Delivery Hero, HelloNature, Monomart and Supermenz, among others.
- Headquarter Seongnam-si, South Korea
- Founders Hwanmin Gim
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Jung Hexagon 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
$36.2 M (USD)
in 1 rounds
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Latest Funding Round
$36.2 M (USD), Series D
Dec 05, 2022
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Investors
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Employee Count
Employee Count
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Funding Insights of JeongYookGak
JeongYookGak has successfully raised a total of $36.2M through 1 strategic funding round. The most recent funding activity was a Series D round of $36.2 million completed in December 2022. 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 D — $36.2M
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First Round
First Round
(05 Dec 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series D - JeongYookGak | Valuation |
investors |
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| 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 |
Investments & Acquisitions by JeongYookGak
| 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 - JeongYookGak
| 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 |
Jeongyookgak Comparisons
Competitors of JeongYookGak
JeongYookGak 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 Kurly, Delivery Hero, HelloNature, Monomart and Supermenz, 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 |
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| domain | founded_year | HQ Location |
Groceries and household items are offered via an online platform.
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| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
Fresh organic farm produce is delivered to South Korean customers.
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| domain | founded_year | HQ Location |
Food products and ingredients are supplied via an online platform.
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| domain | founded_year | HQ Location |
Grocery products are delivered hyperlocally through a mobile marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about JeongYookGak
When was JeongYookGak founded?
JeongYookGak was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is JeongYookGak located?
JeongYookGak is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of JeongYookGak?
Jaeyeon Kim is the current CEO of JeongYookGak.
Is JeongYookGak a funded company?
JeongYookGak is a funded company, having raised a total of $36.2M across 1 funding round to date. The company's 1st funding round was a Series D of $36.2M, raised on Dec 05, 2022.
What does JeongYookGak do?
JeongYookGak was founded in 2016 as an online grocery store specializing in meat and dairy products. Operations are based in Seongnam-si, South Korea, with offerings that include pork, chicken, beef, fillets, eggs, non-antibiotic milk, and chilled rice. Grass-fed meat is produced and provided. Deliveries are managed by an in-house team for local ultra-fresh areas and by nationwide post office courier for distant regions.
Who are the top competitors of JeongYookGak?
JeongYookGak's top competitors include Kurly, Delivery Hero and HelloNature.