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
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name W Concept Korea Co., Ltd.
- Jurisdiction Na, Maharashtra, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Lotte Chemical
& 3 more
-
Employee Count
Employee Count
- Acquired by
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
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.
Funding Insights of W Concept
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
|
Founded Year | Domain | Location | |
|
Hypermarket chain managed through franchises in Korea and abroad.
|
Founded Year | Domain | Location | |
|
Synthetic resins, basic oils, and chemical products are manufactured globally.
|
Founded Year | Domain | Location |
Investments & Acquisitions by W Concept
Financial Statements - W Concept
W Concept Comparisons
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 year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Multi-category products are retailed online by Tmon.
|
|
| domain | founded_year | HQ Location |
Hosts a digital marketplace for various consumer goods categories.
|
|
| domain | founded_year | HQ Location |
Products in diverse categories are offered through an e-commerce platform.
|
|
| domain | founded_year | HQ Location |
Runs an online retail platform with products across various categories.
|
|
| domain | founded_year | HQ Location |
Fashion, beauty, and home products are retailed online by 29cm.
|
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.