Oasis Market Reports Q1 Operating Profit of 8.3 Billion Won, Up 32.4% Year-on-Year

Revenue Grows 3.2% to 139.3 Billion Won

Oasis Market announced on May 15 that its operating profit for the first quarter of this year reached 8.3 billion won, marking a 32.4% increase compared to 6.2 billion won in the same period last year.

During the same period, revenue amounted to 139.3 billion won, representing growth of approximately 3.2% year-on-year. The online segment continued to expand its presence, posting a strong 8% year-on-year growth in sales.

Oasis Market. Oasis Market

The company attributed its strong first-quarter performance to its direct sourcing network and a strategy focused on logistics optimization.

Building on this foundation, Oasis Market has been focusing on advancing AI-powered commerce since the second quarter. The company stated that its AI assistant 'May' and the next-generation store series 'Route' have now entered full operation.

When a customer using the Oasis Market app says, "Show me antibiotic-free pork belly," May instantly presents the product and connects the customer to payment. If a customer asks for a recipe, the conversational AI shopping feature recommends all the necessary ingredients at once, reducing the customer's shopping time.

Offline, the AI-powered self-checkout device 'Route Mini' provides a checkout experience without waiting in line. Simply placing products on the device enables immediate product recognition and proceeds directly to payment. By miniaturizing the checkout device, the company has reduced counter space usage in stores by nearly 10%, thereby enhancing space efficiency.

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