Jongdal Lab Co., Ltd. (CEO Seong Jong-hyung), a company specializing in O2O platform services for fashion accessories, announced on the 7th that it was selected as one of the ‘Global Jump 300’ hosted by the Korea Trade-Investment Promotion Agency (KOTRA).
Jongdal Lab is an online commerce company that provides information and distributes all domestic fashion accessories online and through mobile devices.
Global Jump 300 is a customized program that supports individual startups’ overseas expansion, including finding overseas partners such as buyers and investors for one year, establishing an overseas expansion roadmap, market research, expert consulting, conference participation support, and leading AC mentoring.
Jongdal Lab has created an online database of item information for numerous clothing accessory categories in cooperation with domestic manufacturers. We have developed our own AI image search recommendation technology and provide a service that allows you to search and purchase raw materials more easily and quickly through the Rich Market application. Through this Global Jump 300, we plan to pioneer overseas markets such as Southeast Asia, North America, and Europe and strengthen our brokerage trade business.
Accordingly, the strategic points for overseas expansion are localization of the online platform for the fashion (clothing) accessory distribution market, brokerage trade for raw materials, and VC investment in platforms and local commercialization.
Jongdal Lab CEO Seong Jong-hyung said, “We plan to expand our business to enable designers and fashion companies to find fabrics and accessories in the easiest, fastest, and most accurate way and source them at the lowest price.” He added, “Starting with Naver advertising this year, we will secure a customer base with Kakao and YouTube creators.” “We plan to actively promote the brand.”
Meanwhile, Jongdal Lab was selected for the Startup Leap Package Support Project of the Ministry of SMEs and Startups’ Startup Promotion Agency in 2020 and is receiving specialized customized support, including commercialization support and mentoring, from the Gyeonggi Creative Economy Innovation Center, the host organization.
Source: Pangyo Techno Valley Official Newsroom
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