Zum Internet
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Zum Internet - overview
Location
Seoul, gyeonggi, South Korea
Primary Industry
Internet
About
Zum Internet offers technology solutions that enhance the efficiency of online services. The company focuses on delivering innovative products tailored to the digital landscape, serving clients with a commitment to quality and excellence. Zum Internet operates as a technology solutions provider specializing in online services. The company was acquired by ESTSoft in December 2017 for KRW 3.
9 billion, reflecting a strategic pivot towards enhancing their service offerings. It is headquartered in Seoul, South Korea, and is led by CEO Seonghyun Lee. Zum Internet specializes in innovative technology solutions that streamline online services for businesses. Their offerings include a variety of software solutions designed to optimize operational efficiency, improve user experiences, and provide robust support for client needs across multiple sectors.
In the most recent fiscal year 2024, Zum Internet reported a revenue of KRW 12,031,435. 5 with an EBITDA of KRW -2,883,628. 1. This revenue model includes both business-to-business and direct-to-consumer transactions, establishing long-term relationships with clients through multi-year contracts.
The company aims to expand its product line by developing new solutions targeted for launch in the upcoming fiscal year, focusing on enhancing user engagement and operational efficiencies. Additionally, Zum Internet plans to penetrate new geographic markets in Asia-Pacific and Europe by 2025, leveraging recent funding from the acquisition by ESTSoft to support these initiatives.
Primary Industry
Internet
Sub Industries
Search Engines
Website
http://www.zuminternet.com/
Total Amount Raised
Subscriber access only
Zum Internet - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Zum Internet | - | ||||||||
| Unspecified Exit | Completed | Zum Internet | - | ||||||||
| Growth | Completed | Zum Internet | - |
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