AIZEN acquires e-commerce data aggregation platform in Korea ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.
July 22, 2021 SEOUL, South Korea, July 22, 2021 /PRNewswire/ AIZEN, an AI-focused fintech company based in Singapore, today has announced that it has signed a definitive agreement to acquire an e-commerce merchant cash management platform in Korea as part of its vertical date economy integration strategy.
There are different types of retail e-commerce sites in Korea: open markets like Naver Smart Store; social commerce like Coupang; existing retail giants; and MZ-favored vertical platforms such as Musinsa, Brandi, and Zigzag. A seller typically diversifies their sales channels from nine to ten malls on average, and each mall settles the sales payment within nine to eleven days.
AIZEN to launch AI-based banking services in Southeast Asia ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.