Carrot Market CEOs Kim Yong-hyun and Kim Jae-hyun Gift 15 Billion KRW Worth of Shares to Employees
"The Owners of the Company Are Its Members... United as Shareholders, They Will Be the Pillars of Innovation and Growth"
[Asia Economy Reporter Kim Cheol-hyun] Danggeun Market announced on the 9th that co-CEOs Kim Yong-hyun and Kim Jae-hyun will gift stocks worth approximately 15 billion KRW and provide incentive payments to all employees.
The recipients include about 300 employees across Danggeun Market, its subsidiaries such as Danggeun Pay and Danggeun Service, as well as overseas corporations operating in Canada and Japan. Regardless of rank or position, employees will receive stocks worth an average of 50 million KRW proportional to their months of service. Non-regular employees, including interns, will receive incentive payments ranging from a minimum of 1 million KRW to a maximum of 5 million KRW per person based on their length of service.
This stock gifting, personally funded by the two co-CEOs, allows recipients to receive stocks immediately without any restrictions on the exercise period, enabling them to exercise shareholder rights simultaneously. Co-CEOs Kim Yong-hyun and Kim Jae-hyun stated through the company's official internal channel on the 9th, "The growth we have achieved so far is thanks to the hard work of our employees. The members of Danggeun Market are the true owners of the company," adding, "We hope that all members who have contributed to the growth over the past seven years will become genuine shareholders and serve as the main force for upcoming innovation and growth."
They continued, "If the 300 members unite as one team with one heart and one mind, Danggeun Market will be able to accelerate the innovation of hyperlocal services not only domestically but also in the global market."
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Currently, Danggeun Market has 18 million monthly active users and 23 million registered users. From the early stages of growth, it has rapidly expanded its reach by pursuing a global service strategy targeting both domestic and overseas markets simultaneously, increasing its influence in over 440 regions across key overseas hubs such as Canada, the United States, the United Kingdom, and Japan.
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