Morgan's Startup Investment Trends
The YouTube program 'Startup Morning Coffee', hosted by CEO Jeon Hwa-sung, broadcasts live to viewers every day at 8:40 AM on the 'Jeon Hwa-sung's CNTV' channel. This program deeply explores the core competencies and market potential of var...
The YouTube program 'Startup Morning Coffee', hosted by CEO Jeon Hwa-sung, broadcasts live to viewers every day at 8:40 AM on the 'Jeon Hwa-sung's CNTV' channel. This program deeply explores the core competencies and market potential of various startups, and through active two-way communication via real-time comments, it has firmly established itself as a key information platform for those interested in the startup ecosystem.
'Morgan', highlighted in this broadcast, is an innovative startup targeting the global market through 'Twoday', an integrated platform for O2O (Online to Offline) reverse direct overseas purchase delivery proxy services based on big data. In line with the rapidly growing cross-border market driven by the increasing popularity of K-brands worldwide, Morgan effectively connects domestic small and medium-sized merchants struggling with overseas expansion and international consumers who have limitations in shopping for K-brands. In particular, it provides export opportunities to small and medium-sized merchants at low cost and low risk, and, true to its name 'Twoday', boasts overwhelming speed by delivering products to major overseas cities in just two days. It is currently accelerating its growth with support from CNTTech's Early Startup Package.
Morgan's core competitiveness stems from its integrated system utilizing big data and its excellent logistics efficiency. Through its multi-commerce integrated system, it secures a vast number of K-SKUs (Stock Keeping Units), and offers the convenience of one-stop processing for the entire process, from multi-commerce integrated cart functionality to customs clearance and delivery. Furthermore, it supports various global payment systems, including worldwide Korean Won payments (e.g., via PayPal), and is equipped with a language conversion function, maximizing service accessibility for international consumers.
CEO Jeon Hwa-sung predicted that Morgan's team, composed of developers well-versed in global e-commerce and trade, would achieve explosive growth in the reverse direct overseas purchase market. He particularly praised the user-friendly collaborative environment that allows for immediate application of the 'Twoday' cart system with a simple code insertion into shopping malls, evaluating it as a major driving force for market expansion. Indeed, Morgan has already shown impressive results, achieving monthly sales of 130 million won immediately after launching its beta service, and its future growth trajectory is highly anticipated.
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