Korea's Leading eCommerce Platform Company
Company Profile
Company Name
11STREET Corporation
Location
416, Hangang-daero, Jung-gu, Seoul, Republic of Korea
Number of Employees
1,103 (As of June 30, 2021)
Major Projects
eCommerce, Open Market, Digital Gifts, etc.
History
2021 Opened the Amazon Global Store on 11st
2018 Became an independent corporation and attracted investment of KRW 500 billion (USD 448 million)
2008 Launched an open market “11st”
Growth Strategy
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Solidifying the Idea of ‘Cross Border Shopping = Amazon = 11st’ through Partnership with Amazon
  • Expanding product lines and securing competitive edge in delivery quality
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Beefing Up as an eCommerce Platform by Enhancing Delivery Capabilities
  • Establishing a next-day delivery system in connection with logistics companies, etc.
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Expanding Strategic Alliances with Domestic Distributors
  • Fresh food, quick commerce, logistics/fulfillment, membership, etc.