Gomi Corporation

Gomi Corporation, based in South Korea, specializes in e-commerce solutions that facilitate international market access for brands. The company connects Korean brands with global consumers through its innovative platform, enhancing visibility and sales opportunities. Gomi Corporation, founded in 2019 and headquartered in Seoul, South Korea, operates as an e-commerce service provider focused on facilitating market entry for brands worldwide. The company has raised a total of KRW 12.

5 billion through multiple funding rounds, with the latest being a Series B round in February 2022, led by Traum Investment. CEO Dang Huu has been instrumental in guiding the company's growth and strategic direction. Gomi Corporation primarily operates in the e-commerce sector, offering an all-in-one commerce solution that facilitates international market entry for brands. Its flagship service, Gomi Mall, serves as a comprehensive online marketplace designed to connect Korean brands with global consumers, enhancing their visibility and sales opportunities across various international markets.

Additionally, Gomi Partner provides collaboration opportunities for brands, facilitating partnerships that enhance resource sharing and collective growth. The end-use cases addressed by these services include enabling seamless transactions for consumers seeking authentic Korean products while providing brands access to a broader customer base outside Korea. Gomi Corporation targets markets in Southeast Asia and the Middle East, where demand for Korean products is significant, showcasing a strategic focus on regions with favorable consumer trends. Gomi Corporation generates revenue through a structured transaction model that includes partnerships, direct-to-consumer sales, and B2B collaborations.

Clients, primarily Korean brands, engage with the company by utilizing its platforms for product listings and sales, which may involve subscription fees or revenue-sharing agreements. Retailers and wholesalers also participate in the distribution process, allowing brands to reach wider audiences through established retail networks. While specific pricing plans for the services are proprietary, the transaction structure is designed to accommodate various business sizes and types, ensuring flexibility in financial commitments. Gomi Mall and Gomi Partner are central to the company’s revenue streams, driving engagement and transactions as they connect brands with an international clientele.

In January 2022, Gomi Corporation raised KRW 12. 5 billion in Series B funding to enhance its research and development efforts centered on IT systems, aiming to maximize commerce market volume and achieve its sales targets. The company plans to expand into new markets, particularly in Southeast Asia and the Middle East, by the end of 2023, capitalizing on the growing demand for Korean products in these regions. This funding will support their initiatives by enhancing technological capabilities to streamline operations and improve user experiences.