About W Concept
W Concept is a company based in Seoul (South Korea) founded in 2008 was acquired by Lotte Chemical in March 2021. It operates as a Two-Sided Marketplace. W Concept offers products and services including Fashion Retail. W Concept operates in a competitive market with competitors including Coupang, Tmon, 11st, Gmarket(eBay Korea) and OliveYoung, among others.
- Headquarter Seoul, South Korea
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Phone•••• ••••
- Website display.wconcept.co.kr/rn/women
- Social Facebook
- Acquired by Lotte Chemical (Mar 2021)
- Legal Name W Concept Korea Co., Ltd.
- Date of Incorporation 10 Aug, 1977
- Jurisdiction Maharashtra, India
- InvestorsLotte Chemical
& 3 more
- Acquired by
Associated legal entities of W Concept
W Concept operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | – | – | – | View details |
Products & Services of W Concept
W Concept offers a comprehensive portfolio of products and services, including Fashion Retail.
Fashion products are sold through an online platform.
Investors in W Concept
W Concept has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Lotte Chemical, CJ ENM and Emart.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private fund focused on debt and equity investments in medium and large-sized businesses | – | immholdings.co.kr | Seoul, South Korea | |
Hypermarket chain managed through franchises in Korea and abroad. | 1993 | emartcompany.com | Seoul, South Korea | |
Synthetic resins, basic oils, and chemical products are manufactured globally. | 1976 | lottechem.com | Johor Bahru, Malaysia | |
Television shows, films, music, and digital content are produced. | 1995 | cjenm.com | Seoul, South Korea |
Investor details for W Concept
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of W Concept
3 dated milestones of W Concept across 13 years, from founding to its latest funding, stage changes and deals.
- Founded W Concept is founded.
- Exit Acquired by IMM Holdings.
- Exit Acquired by Lotte Chemical.
Competitors of W Concept
W Concept 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 Coupang, Tmon, 11st, Gmarket(eBay Korea) and OliveYoung, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupang.com | 2010 | Seoul, South Korea | $3.9B | – | Multi-category consumer products are sold via an online marketplace. | |
| tmon.co.kr | 2010 | Seoul, South Korea | $523.51M | – | Multi-category products are retailed online by Tmon. | |
| 11st.co.kr | 2007 | Seoul, South Korea | – | – | Hosts a digital marketplace for various consumer goods categories. | |
| gmarket.co.kr | 2000 | Seoul, South Korea | – | – | Products in diverse categories are offered through an e-commerce platform. | |
| oliveyoung.co.kr | 1999 | Seoul, South Korea | – | – | Runs an online retail platform with products across various categories. | |
| 29cm.co.kr | 2011 | Seoul, South Korea | $2.64M | – | Fashion, beauty, and home products are retailed online by 29cm. | |
| idus.com | 2013 | Seoul, South Korea | $41.02M | – | Online retailer offering multi-category artisanal products |
Detailed competitors of W Concept
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of W Concept
The website of W Concept (wconcept.co.kr) receives about 4.5M visits a month and ranks #9,145 among all websites worldwide, #400 in Fashion and Apparel.
- Monthly visits4.5M
▼ 19.3% vs previous month
- Unique visitors2.2M
per month
- Global rank#9,145
among all websites
- Category rank#400
Lifestyle · Fashion and Apparel
- Bounce rate30%
- Pages per visit4.6
- Average visit2 min 13 sec
- DevicesDesktop 21% · Mobile 79%
Websites whose visitors overlap most with W Concept. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shop.29cm.co.kr | shop.29cm.co.kr | 100% | – | #45,002 | – |
| musinsa.com | 99% | 29.5M | #1,087 | View details | |
| kream.co.kr | 88% | 5.4M | #7,045 | View details | |
| ssfshop.com | 87% | 680.7K | #5,427 | View details | |
eqlstore.com | eqlstore.com | 85% | – | #36,444 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for W Concept
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on W Concept
Complete news archive for W Concept
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to W Concept
10 companies that operate in the same segment as W Concept (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about W Concept
W Concept was founded in 2008.
W Concept is headquartered in Seoul, South Korea.
W Concept is managed as an e-commerce platform specializing in fashion. Various categories including womens, mens, kids, beauty, and lifestyle products are offered. The platform connects individual sellers with consumers in South Korea. Responsibility for product information and transactions is not held by the company, as it acts as an intermediary. Operations are based in Seoul, focusing on curated fashion retail solutions.
W Concept's top competitors include Coupang, Tmon and Gmarket(eBay Korea).
W Concept offers Fashion Retail.
W Concept has 4 investors. Key investors include Lotte Chemical, CJ ENM, Emart, and IMM Holdings.
W Concept operates through ,.
Yes. W Concept was acquired by Lotte Chemical in March 2021.
The website of W Concept receives about 4.5 million visits a month and ranks #9,145 among all websites worldwide.