gmarket v1 2 final
TRANSCRIPT
Viktor Hollmann Viktor Hollmann Abdulla Jassmi Abdulla Jassmi
GmarketGmarket is a Korean online auction and is a Korean online auction and shopping mall website, where people from shopping mall website, where people from all around the world buy and sell goods and all around the world buy and sell goods and services.services.
Gmarket Gmarket sell: Collectibles, appliances, sell: Collectibles, appliances, computers, furniture, equipment, vehicles, computers, furniture, equipment, vehicles, cloth, and other miscellaneous items.cloth, and other miscellaneous items.
GmarketGmarket has over has over 12.4 million 12.4 million registered users and has received registered users and has received numerous awards for its numerous awards for its innovative e-commerce business innovative e-commerce business model.model.
GmarketGmarket is open for aliens, too is open for aliens, too Gmarket’sGmarket’s profound growth profound growth
attracted the attention of U.S. attracted the attention of U.S. Internet firm Internet firm YahooYahoo, which, in , which, in 2006, bought a 10 percent stake 2006, bought a 10 percent stake in the company. in the company. GmarketGmarket was also was also listed on NASDAQ that same year.listed on NASDAQ that same year.
GmarketGmarket generates revenue from sellers, generates revenue from sellers, who pay a fee based on the selling price of who pay a fee based on the selling price of each item and a fee based on the starting each item and a fee based on the starting price, and from advertising.price, and from advertising.
Source : http://kr.quote.com/beta/chart.action?s=GMKT&x=24&y=15
Suggestion Trade !! BUY GMKT near $20.05 (long term Suggestion Trade !! BUY GMKT near $20.05 (long term portfolio)portfolio)
Gmarket on NASDAQ
Source : http://www.nasdaq.com
Source :http://stocks.us.reuters.com/stocks/incomeStatement.asp?period=A
Income StatementIncome
Statement
Source :http://stocks.us.reuters.com/stocks/incomeStatement.asp?period=A
Balance Sheet
Balance Sheet
Sources :http://stocks.us.reuters.com/stocks/incomeStatement.asp?period=A, www.gmarket.co.kr
Cash FlowCash Flow
Year to Year Gmarket Comparison◦ GMV increases by 43%◦ Total revenues inc. by
45%◦ Oper. income inc. by 87%◦ Net income inc. by 105%
Gmarket SWOT Strengths
◦ Bilingual◦ Open for Aliens◦ Creditability (NASDAQ)◦ Profitable◦ Increase of profit
Opportunities◦ Expanse to other
countries (USA, Japan, China)
◦ New commodities
Weaknesses◦ Small assortment in
English part of market◦ Levity partners
Threats◦ New competitors in
Korea (11street)◦ Recession◦ Saturation of Korean
market
Buy!Buy!◦ Stable position in the stock marketStable position in the stock market◦ Good financial situationGood financial situation◦ Almost 2 years in NASDAQAlmost 2 years in NASDAQ◦ Approx. 40 % increase of stock price in last 21 Approx. 40 % increase of stock price in last 21
monthsmonths