About M Corset
M Corset is a company based in Seoul (South Korea) founded in 1999. The company has 108 employees. M Corset operates in a competitive market with competitors including Wonder Bra, inthewear, Princess Style, VENUS and Supui, among others.
- Headquarter Seoul, South Korea
- Employees 108
- Stage Public
- SectorsRetail
- Website mcorset.com
- Legal Name Gritee, Inc.
- Annual Revenue$139.68 M (USD)3.58as on Dec 31, 2025
- Net Profit$3.25 M (USD)-51.68as on Dec 31, 2025
- EBITDA$8.68 M (USD)-23.15as on Dec 31, 2025
- Latest Funding Round$3.53M (USD), Post-IPO
Oct 2018
- InvestorsYG Entertainment
& 1 more
- Employee Count108
Funding Insights of M Corset
- Total Rounds 2
- Last Round Post-IPO — $3.53M
- Investors Count 2
All 2 funding rounds of M Corset with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $3.53M | Post-IPO | – | – | |
| Oct 2007 | – | Series A | – | – |
2 investors in total: 2 institutional.
Investors in M Corset
M Corset has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include YG Entertainment and Daesung Startup Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to early-stage high-potential companies. | 1987 | daesungpe.com | Seoul, South Korea | |
Multi-genre record label and entertainment services are provided internationally. | 1996 | ygfamily.com | Seoul, South Korea |
Investor details for M Corset
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People of M Corset
1 people are tracked at M Corset (1 in leadership); the tracked headcount is 108.
| Name | Role | Group |
|---|---|---|
Young Woo Moon | CEO | Leadership |
Complete people profiles for M Corset
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IPO & Listings of M Corset
M Corset is a publicly listed company on the KRX with ticker symbol 204020 in South Korea, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Jul 2018
- Listed onKRX: 204020
- Listed entityGRITEE, Inc.
- Exchange sectorConsumer non-durables
- ISINKR7204020002
- Share price1,803.00 KRW (+0.5% on the day) · 2026-10-08
- Market capitalisation34,843,079,544.00 KRW
- Price to earnings7.7
- EPS (diluted, trailing year)233.64 KRW
- Dividend yield6.38%
- Volume (last session)4,047
Financials of M Corset
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 201.72B KRW | 4.69B KRW | 12.54B KRW |
| 2024 | 194.74B KRW | 9.72B KRW | 16.32B KRW |
| 2023 | 176.10B KRW | 8.49B KRW | 15.20B KRW |
| 2022 | 143.12B KRW | 2.02B KRW | 7.43B KRW |
| 2021 | 108.70B KRW | -6.85B KRW | -4.52B KRW |
Detailed financial statements for M Corset
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of M Corset
4 dated milestones of M Corset across 19 years, from founding to its latest funding, stage changes and deals.
- Founded M Corset is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $3.5M.
Competitors of M Corset
M Corset 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 Wonder Bra, inthewear, Princess Style, VENUS and Supui, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wonderbramall.co.kr | 2015 | Seoul, South Korea | – | – | Operates a direct-to-consumer brand offering innerwear for men and women. | |
| inthewear.co.kr | 2018 | Seoul, South Korea | – | – | Women's innerwear is offered via an online subscription model. | |
| princess-style.co.kr | 2005 | Seoul, South Korea | – | – | Online retailer selling bras, panties, and lingerie products for women. | |
| venus-eshop.co.kr | 2006 | Seoul, South Korea | – | – | Private label brand of innerwear | |
| soopui.com | 2021 | Seongnam-si, South Korea | – | – | Innerwear for women is provided online via natural materials platform. | |
| codescombineinnerwear.com | 2019 | Seoul, South Korea | – | – | Direct-to-consumer brand offering innerwear for men and women. | |
| dorosiwa.co.kr | 2013 | Seoul, South Korea | – | – | Online retailer offering bras and underwear with various styles and support. | |
| bbongbra.co.kr | 2013 | Daegu, South Korea | – | – | Provides bras, panties, and body correction products through e-commerce platform. |
Detailed competitors of M Corset
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- Full competitor set
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Similar companies to M Corset
10 companies that operate in the same segment as M Corset (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about M Corset
M Corset was founded in 1999 and raised its 1st funding round 8 years after it was founded.
M Corset is headquartered in Seoul, South Korea.
Young Woo Moon is the current CEO of M Corset.
M Corset has 108 employees.
Annual revenue of M Corset is $139.68M as on Dec 31, 2025.
M Corset was established in 1999 in Seoul, South Korea, focusing on the apparel sector. Multi-category inner wear for women is provided through an online platform, with operations centered on e-commerce distribution. The company is led by CEO Young Woo Moon, and its domain, mcorset.com, supports direct-to-consumer sales in the region.
Yes, M Corset is publicly traded on KRX under the ticker symbol 204020.
M Corset has 2 investors. Key investors include YG Entertainment, and Daesung Startup Investment.