Modamoda enters Japan Qoo10 Japan... Expanding across East Asia

Modamoda's recently launched Kakao Gift 'Thank You Box' planning set. Photo by Modamoda

[Asia Economy Reporter Moon Hyewon] Modamoda announced on the 18th that it has entered the Japanese e-commerce platform 'Qoo10 Japan.' Following its expansion into China, Taiwan, Singapore, and Southeast Asia, the company has now completed its expansion throughout East Asia by entering Japan.

Qoo10 Japan, operated by eBay Japan, is considered one of the four major open markets in Japan alongside Rakuten, Amazon Japan, and Yahoo Shopping. As of last year, its membership exceeded 20 million, and due to the K-beauty and K-fashion craze in Japan, the scale of trade with South Korea is rapidly expanding.

Baehyungjin, CEO of Modamoda, stated, "With this entry into Qoo10 Japan, we will actively target the Japanese shampoo market, which is worth 190 billion yen (approximately 1.8 trillion KRW)."

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