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Apparel Stores for Sale in Seoul

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Apparel Store for Sale in Seoul, South Korea

For Sale: Fashion tech shopping app & platform with 3,000 fashion retailers, currently not operational.
- In-house developed mobile app and an online portal for fashion and shopping. - Version 1.0 of the mobile app was available for download on the Google Play Store until last year and it was discontinued. New 2.0 app will be launched on Google and Apple App Store in mid of this year. - Platform includes more than 3,000 online retailers and 5+ million product details. - We offer one-click fashion shopping, content, community mobile portal service. - Platform offers similar product search service in 1 second with photos, customized product recommendation service with artificial intelligence, fashion style information. - Product has a CBIR search engine and a suggestion feature for the artificial intelligence product. - Company is a member of the Artificial Intelligence Association and has won Korea good app shopping field grand prize. - Provided the service for free so far through the 1.0 app. From 2.0 app, we will generate full-scale sales with a new revenue model. - There is no product sales fee. Revenue is from product advertisement. - Separate profit model could be added by selling various event products. and by providing big data analysis information. - Goal is to have $50 million dollar revenue within 5 years, 20 million users, become unicorn corporate, Asia top 5 fashion shopping app. - Plans to expand into Indonesia, Vietnam, China, India, Japan, Europe, and the United States.
For Sale: Fashion tech shopping app & platform with 3,000 fashion retailers, currently not operational.
7.1   Seoul
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
USD 4 Mn
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