Interpark
Interpark is a South Korean company launched as an online auction website and shopping mall. In 2014, it entered the Korean music industry as a record distributor.
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Native name | 주식회사 인터파크 |
|---|---|
| Public | |
| Industry |
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| Founded | 1996 |
| Headquarters | Seoul, Korea |
Key people | Lee Ki Hyeong, Founder & CEO |
| Services |
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| Revenue |  |
| Website | Official website |
History
1996 - Established the first online shopping mall, Interpark, by Lee Ki Hyung
1997 - Started online bookstore service
1999 - Listed on KOSDAQ. Started online tour booking service.
2000 - Selected as ticket sales agency of 2002 FIFA World Cup. Established Interpark Gmarket
2002 - Successfully completed its role as ticket sales agency of 2002 FIFA World Cup
2004 - Ranked as number one online bookstore. Started online open market service
2006 - Established Interpark Mobile. Listed Interpark Gmarket on NASDAQ.
2008 - Established Interpark International, Global M&S Co., LTD. Established Interpark INT (merge shopping, bookstore, ENT).
2009 - Changed CL. Sold Interpark Gmarket to eBay.
2011 - Took over IMK (I Market Korea), a MRO firm. Established Interpark Global (US) and logistic center in US.
2014 - Launched Global shopping site. Listed Interpark INT on KOSDAQ. Entered the music industry through the release of Hotel King OST.
Items and services
Collectibles, appliances, computers, furniture, equipment, vehicles, food, tickets, clothes, jewellery and many other categories of items are listed, bought and sold via Interpark. Started as Korea's first online shopping mall, Interpark expanded into tickets, online bookstore and tour bookings.
Interpark provides international service, in English, Chinese and Japanese through its global website, Global Interpark.
Around 20 million members are registered and more than 47 million products are listed on Interpark platform.
Interpark covers all area of business including B2B, B2C and C2C.
Global site
In October 2014, Interpark launched a global version of its site, "Global Interpark". Global Interpark operates in Korean, English, Chinese and Japanese. Global Interpark offers international shipping to over 230 countries. Global Interpark offers payment options including PayPal, Alipay and major credit card company.
Cosmetics, Fashion, Kids, Leisure, Digital, Living, K-pop and other items are listed on the page. Items are mostly Korean brands and they are described in detail with each language(Korean, English, Chinese and Japanese).
Profit and transactions
Interpark generates its income by collecting service fees from sellers. Some items are directly sold by Interpark.
The total transaction amount in year 2014 was US$545 million. The online book store department's total transaction amount was US$204 million.
See also
- Electronic commerce
- Online auction business model
- Shopping mall