# Dding Dong

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dding-dong

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.ddingdong.com
- Total disclosed funding: $10M
- Latest round: Series B (Jun 7, 2016)
- Investors on record: 5

## About

Dding Dong is a dynamic technology firm specializing in e-commerce solutions and logistics management, designed to improve operational workflows for retail businesses across various global markets.Founded in 2012, Dding Dong operates out of Seoul, South Korea, providing an integrated digital platform that streamlines e-commerce and logistics for the retail sector. The company was established by a team known as Honey bees, focusing on enhancing operational efficiency for businesses. Dding Dong raised a total of KRW 12 billion through a SERIES B funding round in June 2016, with contributions from investors like AJU IB Investment and Industrial Bank of Korea.Dding Dong specializes in delivering innovative user-centric solutions designed to streamline daily operations and enhance consumer engagement. The company offers a robust digital platform that integrates e-commerce functionalities with advanced logistics management, primarily catering to retail businesses. Clients can efficiently manage inventory, process transactions, and analyze consumer data, which improves operational efficiency and customer satisfaction. Dding Dong serves a diverse client base, including small to medium-sized enterprises and larger retail chains in markets such as North America, Europe, and parts of Asia.Dding Dong generates revenue through subscription-based services and transaction fees linked to its platform. Clients engage through tiered subscription plans that provide different levels of access to features like analytics tools and customer support. The company earns revenue from a percentage of each sale processed through its service and also collaborates with wholesalers to offer bundled services that enhance transaction efficiency. This revenue structure is designed to provide scalable solutions that align with clients' operational needs while leveraging Dding Dong's technology to drive sales and improve customer experiences.Dding Dong aims to design and launch new products that enhance its platform's capabilities, with specific details on release dates yet to be disclosed. The company is targeting expansion into new geographic regions, focusing on increasing its presence in Europe and Southeast Asia by 2024. The recent SERIES B funding of KRW 12 billion raised in June 2016 will support these initiatives, particularly in developing new solutions and enhancing market reach.

## Funding rounds

- Series B, Jun 7, 2016, $10M — AJU IB Investment, Industrial Bank of Korea, Korea Investment Partners, Coolidge Corner Investment, Posco Investment

## Investors

- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series B
- Industrial Bank of Korea — Series B
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series B
- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Series B
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series B