User:15youjinj/sandbox

GMarket

Brief History
===GMarket (www.gmarket.co.kr, CEO: Joo-Man Park) started out its business in April 2000, as "an open market that anyone can buy and sell things". It has been steadily growing since then to become a representative online shopping mall that boasts 3 million people per day visiting its website.

Present state
===Although GMarket's strongest categories in sales are fashion clothing goods, chandleries, and electronic goods, its newer strong categories, food and daily necessities are growing fast as well. GMarket is also focusing on developing new growth industry such as traveling, life services products, etc. These products are acting as alternative merchandise since they are cheaper than other reatil shops by 10 to 30 percent. This particular trait has an economic influence of preventing inflation of prices.===

Performance
===Being the number one online shopping mall in Korea, GMarket was merged into the biggest global online market, eBay. This proivded GMarket with an opportunity to jump up to be a global brand. It has also ranked first for the forth consecutive year in " The Most Revered Enterprise in Korea" (for the online shopping mall category) announced by Korea Efficiency Association.===