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