Damdacom Provides Customer Customized Service Based on S2E Model

[Asia Economy Reporter Minji Lee] Damda.com announced on the 15th that it will provide customized services to customers based on the S2E (Shopping to Earn) model, which offers tokens and points for shopping.

Unlike existing platforms, Damda.com possesses an S2E business model that allows all participants in the e-commerce platform to coexist, moving away from endless competition between suppliers and sellers. It is a global B (Supplier)2b (Seller)2C (Consumer)-based platform company that provides markets to suppliers, good products and customers to sellers, and good products and utility to consumers.

The number of users utilizing Damda.com has also increased noticeably. As of January this year, the cumulative number of sellers reached 110, a 32.5% increase compared to the previous month. The cumulative number of followers was 1,838,000, up 23.4% during the same period. The cumulative gross merchandise volume (GMV) was 110.4 million KRW, growing 46.4% over the same period.

Recently, Damda.com also received a strategic investment from Hansol Textile, a clothing manufacturing and export company. The two companies have been promoting exchanges and cooperation in various business fields.

Shinyongsan, CEO of Damda.com, said, “We will build a platform that aligns with the S2E identity,” adding, “We will implement ABC digital technologies connected through AI, blockchain, and more, based on users’ big data.”

This content was produced with the assistance of AI translation services.