Able Corporation (CEO Kang Seok-hoon) announced on the 12th that the number of markets created through its shopping mall startup support solution 'Able Partners', a style commerce platform operated by Able Corporation, has exceeded 15,000.
Able Partners is a fulfillment solution where sellers upload coordinated photos and Able handles all processes, including purchasing, logistics, delivery, customer service, and marketing. Anyone can start a marketplace without any initial capital or business registration. Able Partners will also launch a global expansion service through the Japanese app "amood" in October 2023, supporting sellers' expansion into overseas markets.
As of December last year, the number of new marketplaces created through Able Partners increased by 111% compared to the same period the previous year. Sellers in their 20s comprised the largest group at 49%, followed by those in their 30s at 33% and those in their 40s at 11%. Demand for services is growing among young people, particularly college students and working adults.
Market-specific performance is also noteworthy. "Roaz" saw its fourth-quarter transaction volume increase by 9,455% year-over-year, and "Noncall Mansion" saw a 2,139% increase. Additionally, numerous markets, including "Hirit," "Huji Market," and "Made Mining," recorded triple-digit growth rates.
Able plans to enhance the convenience of small business startups and e-commerce operations through future fulfillment services and advancements in AI technology. It will offer fulfillment solutions in individual modules, including photography, purchasing, delivery, and customer service, and refine AI personalized recommendation technology to optimize user-product matching.
An Able official said, “Achieving 15,000 cumulative startup markets is the result of prioritizing coexistence with sellers,” and added, “We will utilize our logistics and technology infrastructure to expand domestic and international startup opportunities and strengthen the seller ecosystem.”
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