Storelink Secures Bridge Investment from Shinhan Venture Investment
Recognized Growth Potential of E-commerce Optimization Marketing Platform
Storelink, an e-commerce marketing platform company (CEO Jeong Yong-eun), announced on the 15th that it has secured investment from Shinhan Venture Investment. This is a bridge investment following the Series B round last year.
Shinhan Venture Investment decided to invest considering Storelink's growth potential, which possesses a marketing platform specialized in the e-commerce sector, predicted to reach a market size of 270 trillion KRW by 2025. Storelink supports data-driven decision-making throughout the entire open market business process based on extensive e-commerce data analysis. It analyzes more than 200 million daily transactions from over 30 domestic open markets and also collects and analyzes data from global e-commerce platforms such as Amazon, Qoo10, Rakuten, and Lazada to build highly accurate marketing prediction models. Storelink's cumulative data analysis exceeds 210 billion cases, with over 1.5 billion analyzed products in total.
Storelink plans to invest the newly secured funds across its business to expand its influence domestically and internationally. First, it aims to solidify its leading position in the domestic market by significantly enhancing the usability of its e-commerce data marketing platform through a major renewal. Through new hires, it will also establish a foundation for global expansion. Storelink plans to recruit global talents and operational staff for new business initiatives who have experience in the United States, Japan, Vietnam, and other regions.
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Jeong Yong-eun, CEO of Storelink, stated, "With additional momentum to accelerate growth, we will strengthen our business fundamentals through strategic approaches and simultaneously pursue global expansion to achieve meaningful results."
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