, South Korea

Una Brands, KlickBrands commit US$100m to South Korea’s e-commerce market

This could benefit profitable e-commerce brands in health, K-beauty, baby, and pets amongst others.

Una Brands and KlickBrands have formed an alliance to commit up to US$100m worth of investment in South Korea’s e-commerce market.

The investment could benefit at least 25 profitable e-commerce brands with revenues of up to US$50m in categories such as health, K-beauty, baby, pets, and home and living brands.

“Of all the local ecommerce aggregators, we chose KlickBrands as our strategic partner because of our shared vision, mission, and values,” Kiren Tanna, Co-founder & CEO of Una Brands, said.

“This will make KlickBrands an instrumental partner in strengthening Una Brands’ presence in, and understanding of, the South Korean ecommerce landscape.”

South Korea is amongst the key markets of Una Brands, considering it has the fifth-largest e-commerce market across the globe.

The market is projected to see an annual growth rate of around 14% with an expected market value of US$250b by 2025.

“Our partnership with Una Brands bears testament to the growing possibilities for ecommerce brands in South Korea,” KlickBrands Co-founder & CEO Brian Hyun said.

“We bring to the partnership local ecommerce expertise, as well as the understanding and empathy of local brand owners’ mindsets.”

Follow the link for more news on

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Restaurant confidence index in HK rises to 6 in Q4
63% of restaurants expect Lunar New Year and Valentine’s Day to positively affect their business.
Global sportswear industry faces softer growth in 2025
Premium products and innovative features are expected to sustain consumer demand.
APAC retail leasing sees renewed growth in Q4 2024
In Japan, the retail market thrives on tourism-fueled entertainment demand.

Exclusives

Indonesia’s Kawan Lama blurs line between online and offline shopping
The group's e-commerce platform, Ruparupa.com has recorded an eightfold increase in visitors who end up buying stuff.
Urban Revivo opens biggest branch in Bangkok
The Chinese fast fashion retailer’s 3,000-square meter store targets consumers aged 18 to 35.