Bungaejangter Inc.

Bungaejangter Inc. is a leading platform for online C2C (customer-to-customer) secondhand marketplace in Korea, also known as "Bunjang". The platform has achieved a gross merchandise value of KRW 2.5 trillion and conducted over 21 million transactions as of 2022. Additionally, Bunjang has developed its own secure payment system, "Bungae Pay", and recently launched "Bungae Care", an authentication and inspection service that focuses on luxury goods and sneakers. The goal is to provide a "stress-free" secondhand trading experience for both sellers and buyers through the use of cutting-edge technology.

Founded in 2011, Bungaejangter operates in the E-Commerce and Mobile industries with headquarters in Korea South. In its last funding round in 07 January 2022, the company raised KRW52.00B with investments from Mirae Asset Capital, Signite Partners, Praxis Capital Partners, and Atinum Partners.

This data indicates that Bungaejangter Inc. has demonstrated substantial growth and a strong market position, backed by significant investment from reputable firms. The company's focus on creating a secure and convenient secondhand trading experience, along with its innovative services such as "Bungae Pay" and "Bungae Care," highlights its commitment to leveraging technology for customer satisfaction and market expansion. With its impressive track record and strategic investments, Bungaejangter Inc. appears poised for further success and potential expansion beyond Korea's borders.