11st, No.1 Open Market as 'Most Respected Company in Korea'

High Scores Across All Evaluation Criteria

The most respected company certification logo in Korea.
Photo by 11st

11st Street ranked first in the open market category for the eighth consecutive year in the ‘2023 Most Admired Companies in Korea’ survey conducted by the Korea Management Association Consulting (KMAC).

The Most Admired Companies in Korea program comprehensively evaluates six core values including corporate innovation capability, customer value, and social value to select the most admired company in each industry. 11st Street has focused on providing shopping services that customers need most in the e-commerce market and received high scores across all evaluation criteria such as ▲companies striving for customer satisfaction ▲trustworthy companies ▲companies excelling in social contribution.

11st Street has been continuously securing partnerships and business collaborations with global big tech companies. In August 2021, it launched the ‘Amazon Global Store’ in collaboration with Amazon, offering tens of millions of Amazon US products. In June last year, it opened the ‘Apple Brand Store,’ which directly purchases genuine Apple products and provides next-day delivery, and in February this year, it launched the ‘Google Product Brand Store’ that gathers and sells major Google products.

This year, 11st Street will also focus on strengthening vertical services such as ‘Fresh Table,’ which directly delivers fresh food from producers with excellent product quality, and ‘Ualuxe,’ a luxury specialty store selling trusted luxury goods ranging from high-end luxury to contemporary brands. The company plans to concentrate on achieving a successful ‘11st Street 2.0’ by building a unique shopping environment exclusive to 11st Street.

Jeon Eun Ahn, President of 11st Street, said, “We have been dedicated to discovering and operating new and unique shopping services based on a customer-centric belief,” adding, “We will continue to spare no effort to provide a higher level of customer satisfaction and a trustworthy shopping environment.”

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