BRANDI

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BRANDI - overview

Established

2014

Location

Seoul, -, South Korea

Primary Industry

Consumer Products

About

Founded in 2014 and based in Seoul, South Korea, BRANDI operates various e-commerce platforms both web and mobile applications for fashion and beauty products. BRANDI also provides order fulfillment services for both wholesalers and retailers. In August 2022, BRANDI raised KRW 29 billion in venture funding from new investors Breeze Investment and Atinum Investment, with participation from returning investors Mirae Asset Venture Investment, Korea Development Bank, and Atinum Investment. As of 2022, the company is led by its CEO Jeongmin Seo.


The company will use the August funding to upgrade its Apps platform system that operates various shopping apps and focus on investing in the Fulfillment Integrated Management System (FMS) to further strengthen its technology and logistics competitiveness.


Current Investors

Naver, SBI Investment Korea, Korea Investment & Securities

Primary Industry

Consumer Products

Sub Industries

Footwear, Clothing, Beauty & Hygiene, Accessories, Web Applications, Social Networking & Communication Platform

Website

www.brandi.co.kr

Verticals

E-commerce, Mobile Apps

Total Amount Raised

Subscriber access only

BRANDI - timeline of key events

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BRANDI - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)85,813,963,486138,201,073,556119,135,470,413---
% Revenue Growth (YoY)-61.0%(13.8%)---
EBITDA (USD)(19,146,324,949)(57,952,218,554)(37,019,933,845)---
Operating Income (USD)(19,715,901,248)(59,480,260,723)(45,932,579,107)---
Operating Margin(23.0%)(43.0%)(38.6%)---
% EBITDA Margin(22.3%)(41.9%)(31.1%)---
NET Income (USD)(19,472,466,079)(59,555,952,416)(60,159,468,511)---
% Net Margin(22.7%)(43.1%)(50.5%)---

BRANDI - employee data

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