Horizontal E-Commerce · South Korea, India

Best Horizontal E-Commerce Companies in South Korea

Updated 2026-06-22 · Ranked by funding & momentum

85 indexable Horizontal E-Commerce companies headquartered in South Korea, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $4.9B across 10 funded companies, including 3 unicorns.

85
Companies
$4.9B
Total Funding
10
Funded
3
Unicorns
0
Rounds (90d)

Ranked: Best Horizontal E-Commerce companies in South Korea

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 SAZO
Provider of Korean product direct import and fulfillment services
$4.9M Seed Seed May 2025 2024 ↑ Active
2 Coupang Unicorn
Online marketplace offering multi-category consumer products
$3.9B $9B
as of 2018
Public Series F Dec 2019 63,000 2010
3 Tmon Unicorn
Online retailer offering multi-category products
$523.5M $1.5B
as of 2016
Acquired Series D Sep 2020 2010
4 Iidus
Online retailer offering multi-category artisanal products
$56.8M $240M
as of 2023
Series C Series C Jan 2023 118 2013
5 Karrot Unicorn
Online retailer of used and new goods across multiple categories
$205M $2.7B
as of 2021
Series D Series D Aug 2021 2015
6 bungaejangter
Bungaejangter operates as a mobile C2C marketplace application.
$112.9M Series D Jan 2022 132 2009
7 Katchers
Online retailer offering multi-category consumer products
$10.1M Series A Series A Jul 2023 2022
8 Must It
Online retailer offering multi-category products for men, women & kids
$39.1M Series B Series B Jun 2022 2011
9 Style C
Online retailer offering multi-category products
$6.4M Series B Series B Dec 2022 40 2018
10 29cm
Online retailer of fashion, beauty and home products
$2.6M Acquired Series A Oct 2016 67 2011
11 Joonggonara
Online marketplace platform for buying and selling multi-category secondhand products
Seed Seed Mar 2025 2003 ↑ Active
12 SSOMEE
Online retailer offering multi-category consumer products on a monthly installment basis
Deadpooled Seed Aug 2022 11 2017
13 InfoPark INPOCK
Online marketplace for fashion products
Seed Seed Dec 2018 8 2018
14 repl240
Online product recommendation platform
Funding Raised Grant (prize money) 2018 2017
15 11Street Private 320 2010
16 Apix (Internet Retail) Acquired 3 2014
17 Auction
Online auction platform offering multi-category products
Acquired 1998
18 Bloomwork
Internet first brand offering multi-category customized products
Unfunded 2020
19 Bozoraka
Online retailer offering multi-category products
Funding Raised 2013
20 Bungaejangter
Online marketplace offering used multi-category products
Funding Raised 2023
21 Bvoat Private 5 2019
22 Commerce League
App-based social marketplace platform offering a variety of products
Unfunded 2021
23 Commerce League Private 19 2021
24 Contents Group Private 10 2015
25 D.Plot Private 65 2020
26 Daebak
Online retailer offering multi-category products
Funding Raised 24 2015
27 Daily Vegan
Online platform offering plant-based products and recipes for vegan cuisine
Funding Raised 5 2019
28 Danawa
Online price comparison platform offering multi-category products
Acquired 2002
29 danggeun market
Danggeun Market develops an online secondhand marketplace that connects buyers and sellers within a neighborhood.
Private 387 2015
30 Dangnagui
Online listing platform offering multi-category second hand products
Funding Raised 2021
31 Ddakpet
Online retailer of multi-category products
Funding Raised 8 2017
32 duckzill
Duckzill is a retailer of cubs, bottles, and clothing.
Private 18 2019
33 Eland Retail
Online retailer of multi-category consumer products
Acquired 2003
34 eNuri.com
Price comparison and product discovery platform
Acquired 1998
35 Feelway
Online platform offering second hand luxury multi category goods
Unfunded 2002
36 Finy Deadpooled 6 2017
37 Fly Goose
Operator of an e-commerce platform intended to connect Korean manufacturers with domestic and foreign buyers. The company currently operating in stealth mode.
Private 4 2017
38 Galleria
Online retailer of multi-category products
Public 1997
39 Geo Ventures Private 9 2020
40 Gmarket(eBay Korea)
E-commerce marketplace
Acquired 516 2000
41 Hmall
Online retailer offering multi-category products
Unfunded 1,026 1996
42 Interpark
Online marketplace of multi-category consumer products
Acquired 41 1996
43 interstella
INTERSTELLA is a provider of digital marketing and advertising services.
Private 37 2015
44 ISE Commerce
Online retailer of lifestyle products
Public 2001
45 joongna
Joongna is an e-commerce platform for second-hand products.
Unfunded 67 2003
46 KO-SHOP
Online retailer offering multi-category luxury products
Funding Raised 1998
47 Kohip Private 5 2019
48 KUNDAL
Platform offering personal care and wellness products
Unfunded 2016
49 Labangba
App-based price comparison platform for multi-category products
Funding Raised 2021
50 LienMall Private 7 2019

Top 12 Horizontal E-Commerce companies in South Korea

#1
SAZO Seed
$4.9M Raised
expand_more
location_onSeoul, Seoul
Founded
2024
Funding raised
$4.9M
Stage
Seed

Provider of Korean product direct import and fulfillment services. This company sources products from major Korean retailers and offers them to consumers. The service includes direct import and delivery, providing access to Korean-exclusive items. A wide variety of product categories are available, catering to diverse consumer needs. The company aims to streamline the process of purchasing Korean goods for internatio

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed May 2025 $4.9M
Founders & key people
Tech stack
a8.netall in one seoapache http serverappsflyercart functionalitychannel.io+14
#2
Coupang Unicorn Public
$3.9B Raised
expand_more
location_onSeoul, Seoul
Founded
2010
Employees
63,000
Funding raised
$3.9B
Valuation
$9B · 2018
Stage
Public

Online marketplace offering multi-category consumer products. The product catalog includes fashion, beauty, stationery, sports, health care, books, toys, smoking products, pet supplies, groceries, automobiles, electronics, and more.

Funding rounds (7 disclosed of 9)
Round Date Amount
Series F Dec 2019 $100M
Series F Nov 2018 $2B
Series E Apr 2018 $400M
Conventional Debt Jul 2017 $267.3M
Series D 2015 Undisclosed
Series E Jun 2015 $1B
3 earlier rounds — sign up free
Tech stack
akamaiakamai bot managerall in one seoamazon albamazon cloudfrontamazon s3+14
#3
Tmon Unicorn Acquired
$523.5M Raised
expand_more
location_onSeoul, Seoul
Founded
2010
Funding raised
$523.5M
Valuation
$1.5B · 2016
Stage
Acquired

Online retailer offering multi-category products. The product catalog includes fashion &beauty, food, personal care, baby care, furniture, home decor, home appliances, digital, sports cars, pets care, books &hobbies, travel-leisure-air, local culture, and more.

Funding rounds (4 disclosed of 6)
Round Date Amount
Series D Sep 2020 $336.5M
Series C Aug 2018 $32M
Series C Apr 2017 $115M
Series B Apr 2016 $40M
Series A 2015 Undisclosed
Seed 2010 Undisclosed
Tech stack
apache http servercart functionalitygoogle adsgoogle ads conversion trackinggoogle analyticsgoogle tag manager+7
#4
Iidus Series C
$56.8M Raised
expand_more
location_onSeoul, Seoul
Founded
2013
Employees
118
Funding raised
$56.8M
Valuation
$240M · 2023
Stage
Series C

Online retailer offering multi-category artisanal products. The platform offers handcrafted products for consumers ranging from accessories, crafted leather, ceramics, natural cosmetics, soaps, and handmade food

Funding rounds (2 disclosed of 2)
Round Date Amount
Series C Jan 2023 $16.1M
Series C Jun 2020 $24.9M
Founders & key people
Tech stack
amazon cloudfrontamazon web servicesaxiosbootstrapchannel.iocloudflare+14
#5
Karrot Unicorn Series D
$205M Raised
expand_more
location_onSeoul, Seoul
Founded
2015
Funding raised
$205M
Valuation
$2.7B · 2021
Stage
Series D

Online retailer of used and new goods across multiple categories. It provides a platform for individuals to buy and sell various items. These items include electronics, furniture, clothing, and other general merchandise. The platform facilitates transactions between users for a wide array of products.

Funding rounds (4 disclosed of 4)
Round Date Amount
Series D Aug 2021 $162M
Series C Jun 2020 $33M
Series A Apr 2018 $5.3M
Seed Jan 2017 $1.1M
Tech stack
amazon cloudfrontamazon web servicescloudflare turnstilecore-jsenvoyfacebook pixel+14
#6
bungaejangter Series D
$112.9M Raised
expand_more
location_onSeoul, Seoul-t'ukpyolsi
Founded
2009
Employees
132
Funding raised
$112.9M
Stage
Series D

Operator of a mobile second-hand marketplace intended to facilitate peer-to-peer trading of products. The company's marketplace offers second-hand deals on electronics, apparel, and personal care among other products, enabling users to buy and sell goods and items online at low prices.

Tech stack
amazon cloudfrontamazon sesamazon web servicescdnjscloudflarecore-js+14
#7
Katchers Series A
$10.1M Raised
expand_more
location_onSeoul, Seoul
Founded
2022
Funding raised
$10.1M
Stage
Series A

Online retailer offering multi-category consumer products. The product catalog includes fashion, beauty, electronics, stationery, grocery products, and more.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Jul 2023 $10.1M
Founders & key people
#8
Must It Series B
$39.1M Raised
expand_more
location_onSeoul, Seoul
Founded
2011
Funding raised
$39.1M
Stage
Series B

Online retailer offering multi-category products for men, women & kids. The product catalog includes apparel, bags, footwear, accessory, jewelry, kidswear, electronics, kitchen accessories, beauty, food, etc.

Funding rounds (3 disclosed of 3)
Round Date Amount
Series B Jun 2022 $15M
Series A May 2021 $11.7M
Series A Jul 2020 $12.5M
Founders & key people
#9
Style C Series B
$6.4M Raised
expand_more
location_onSeoul, Seoul
Founded
2018
Employees
40
Funding raised
$6.4M
Stage
Series B

Online retailer offering multi-category products. The product catalog includes clothing, beauty products, grocery, home decor, kitchen essentials, furniture, and more.

Funding rounds (3 disclosed of 3)
Round Date Amount
Series B Dec 2022 $3M
Series A Aug 2020 $2.5M
Seed 2019 $866.6K
Founders & key people
Tech stack
amazon web servicesapache http serveraxiosbootstrapcdnjschannel.io+14
#10
29cm Acquired
$2.6M Raised
expand_more
location_onSeoul, Seoul
Founded
2011
Employees
67
Funding raised
$2.6M
Stage
Acquired

29cm, operated by aplusb, is an online retailer of fashion, beauty, and home products. It sells products across apparel, innerwear, eyewear, footwear, accessories, furniture, decor, and beauty etc. As of December 2016, they claim to have over 35000 products from 700 brands on the platform. They have both local and international brands on their platform. They provide content on the brand including highlighting the br

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Oct 2016 $2.6M
Tech stack
amazon web servicesapple sign-inaws certificate managercart functionalitycloudflarecloudflare bot management+14
#11
expand_more
location_onSeoul, Seoul
Founded
2003
Stage
Seed

Online marketplace platform for buying and selling multi-category secondhand products. The catalog includes fashion apparel, footwear, consumer electronics, and more.

Funding rounds
Round Date Amount
Seed Mar 2025 Undisclosed
Founders & key people
Tech stack
amazon cloudfrontamazon web servicesaxiosbootstrapcloudflarecloudflare bot management+14
#12
SSOMEE Deadpooled
11 Employees
expand_more
location_onSeoul, Seoul
Founded
2017
Employees
11
Stage
Deadpooled

Online retailer offering multi-category consumer products on a monthly installment basis. The product catalog includes fashion products, beauty products, electronic products, home products, stationery products, grocery products, pet products, and more.

Funding rounds
Round Date Amount
Seed Aug 2022 Undisclosed
Seed 2021 Undisclosed
Founders & key people

Recent signals in South Korea Horizontal E-Commerce

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Funding & investor landscape

Total raised
$4.9B
across these companies
Companies funded
10
with disclosed funding
Highest-funded
$3.9B raised

Most active investors

Altos Ventures Management Altos Ventures Management 5 investments in Horizontal E-Commerce Strong Ventures Strong Ventures 4 investments in Horizontal E-Commerce IMM Investment IMM Investment 3 investments in Horizontal E-Commerce SBVA SBVA 3 investments in Horizontal E-Commerce Stonebridge Capital Stonebridge Capital 3 investments in Horizontal E-Commerce Capstone Partners Capstone Partners 2 investments in Horizontal E-Commerce Goodwater Capital Goodwater Capital 2 investments in Horizontal E-Commerce Hyundai Venture Investment Hyundai Venture Investment 2 investments in Horizontal E-Commerce Kakao Investment Kakao Investment 2 investments in Horizontal E-Commerce Smile Gate Investment Smile Gate Investment 2 investments in Horizontal E-Commerce 137 Ventures 137 Ventures 1 investment in Horizontal E-Commerce A&E Investments A&E Investments 1 investment in Horizontal E-Commerce

Notable founders in South Korea Horizontal E-Commerce

MG Maro Gil CEO SAZO · $4.9M raised
YK Youngjoon Kim Representative Director (대표이사), CEO Coupang · $3.9B raised
Daniel Shin Daniel Shin Founder & Chairman Tmon · $523.5M raised
Jinwon Lee Jinwon Lee CEO Tmon · $523.5M raised
KH Kim Dong Hwan CEO Iidus · $56.8M raised
PK Paul Kim Co-Founder Karrot · $205M raised
Gary Kim Gary Kim Co-Founder & Co-CEO Karrot · $205M raised
EP Eunsang Park CEO Katchers · $10.1M raised
CY Cho Yongmin Founder & CEO Must It · $39.1M raised
PJ Park Jae-beom CEO Style C · $6.4M raised
SP Seong Park Founder & CEO SSOMEE

Frequently asked questions

How many Horizontal E-Commerce companies are there in South Korea?
Radar tracks 85 indexable Horizontal E-Commerce companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Horizontal E-Commerce companies in South Korea?
The Horizontal E-Commerce companies in South Korea on this list have raised a combined $4.9B in disclosed equity funding across 10 funded companies.
Which is the highest-funded Horizontal E-Commerce company in South Korea?
Coupang is the highest-funded Horizontal E-Commerce company in South Korea, with $3.9B in disclosed equity funding.
How many Horizontal E-Commerce companies in South Korea are funded?
10 of the 85 Horizontal E-Commerce companies in South Korea on this list have disclosed at least one equity funding round.
How many Horizontal E-Commerce unicorns are there in South Korea?
3 Horizontal E-Commerce companies in South Korea on this list are valued at $1B or more.
Who are the top investors in South Korea Horizontal E-Commerce companies?
The most active investors in South Korea Horizontal E-Commerce companies on this list include Altos Ventures Management, Strong Ventures, IMM Investment, SBVA, Stonebridge Capital.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.

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