SEOUL, South Korea, Nov 18 (Bernama-BUSINESS WIRE) — Wholesum Co., Ltd. is the first Korea-based e-commerce brand accelerator to discover, acquire, and scale promising online-native brands.
Over USD10B has been raised globally since 2018 by over 60 start-ups who focus on aggregating Amazon FBA brands. Unlike global players, Wholesum’s differentiated strategy focuses on brands that thrive on Korean e-commerce marketplaces, led by Naver Smartstore and Coupang, which boast the 3rd largest annual GMV in the world, estimated at USD180B in 2021, and collectively host over 470,000 independent micro-brands.