[2020 Startup Ontact Overseas Expansion] Universal Connect supports online marketplace and distribution
[ Jane Lee 2020-10-29 ]  

Universal Connect, selected for the 2020 Startup Ontact Overseas Expansion Project, introduced its online marketplace and distribution system.

Universal Connect is a company that provides an open marketplace targeting the Southeast Asian market. It supports online marketplaces and distribution so that wholesale and retail companies in Korea can easily enter the Southeast Asian market.

The company staff said, "To escape from the already saturated Korean e-commerce market, we have decided to go for the Southeast Asian market which has a high annual average growth rate of 30% or more, and we have launched the KLONECT service in August this year in Singapore, our primary target country"

Regarding the system features, she said, "The company provides the information for social media and trend. We upload various styles of influencers and celebrities' Instagram styles and recommend products that fit the style. Anyone can register photos on the social media upon request from the administrator, and the number of followers can be increased through the KLONECT website. We also provide the data analysis information. By analyzing consumer purchase history, we are providing them to be used for product production and marketing for next year."

Next, regarding the opportunity to participate in the 2020 Startup Ontact Overseas Expansion Project, she said, "We participated to find various partners in Southeast Asia to get opportunities for collaboration and investment. Indonesia is our second target country. We are looking for a responsible partner who can do business operations such as logistics and distribution in the target country so that we can expand to the second country."

2020 Startup Ontact Overseas Expansion Project is a program designed to enable startups in the province that have become stagnant due to COVID-19 to pioneer overseas markets by ontact, Active support is being made through business cooperation between the Gyeonggi Contents Agency Pangyo G-HUB specializing in supporting content startups and KOTRA with its connection to overseas buyers, investors, and infrastructure.

→ Go to 2020 Startup Ontact Overseas Expansion news

Global News Network 'AVING'
by Jane Lee (www.aving.net)

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