Storelink raises Series B bridge funding to expand its e-commerce marketing platform
Storelink, a South Korean e-commerce marketing platform company, announced today that it has raised a Series B bridge investment from Shinhan Venture Investment. The amount is undisclosed.
Shinhan Venture Investment has decided to invest in Storelink, a marketing platform specialized in e-commerce that is expected to have a market size of 270 trillion won by 2025. Storelink has been highly regarded for its innovative business model, which utilizes e-commerce data analysis to derive effective marketing strategies, as well as its automation platform capabilities and technology that can produce unique products of proven quality.
With this newly acquired investment, Storelink plans to improve its marketing platform and consolidate its leading position in the domestic market. Additionally, it plans to recruit global talent to lay the foundation for international expansion and develop new business. Storelink’s platform supports data-driven decision making by analyzing more than 200 million pieces of open market data in Korea every day, as well as collecting and analyzing data from global e-commerce sites to create highly accurate marketing prediction models.
Storelink has achieved impressive results with its Sure Marketing technique, which uses proven strategies based on massive data analysis to increase customers’ return on advertising spending and sales. As a result, the company’s business expansion is accelerating, and it has recently targeted overseas markets such as the United States, Japan, and Vietnam. Storelink has also introduced new updates and systems to further enhance its data-driven marketing solution ecosystem.
Jung Yong-eun, CEO of Storelink, expressed pleasure in Shinhan Venture Investment’s investment and is confident that the company will continue to strengthen its business fundamentals and expand globally while accelerating growth.
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