Thursday, 14 March 2024

EPIC CORPORATION SETS FOR GLOBAL APP LAUNCH DRIVEN BY STRONG ANNUAL REVENUE

KUALA LUMPUR, March 13 (Bernama) -- Epic Corporation operating Epic One, a South Korean luxury secondhand trading platform has achieved an annual revenue of US$17 million (19 billion Korean won) last year and successfully raised US$3 million (3.5 billion Korean won) in funding. (US$1=RM4.68)

Epic Corporation Chief Executive Officer, Sarah Kim in a statement said the company is gearing up to leap into becoming the number one luxury lifestyle platform in Asia.

It is preparing to launch its app in new markets with significant growth potential and high spending on luxury goods, including Singapore, Hong Kong, and the Middle East.

The app allows users to easily sell their products by simply uploading five photos and receiving an immediate price quote in addition to facilitating secondhand transactions by connecting sellers with buyers through consignment.

Utilising an artificial intelligence-based pricing system, the platform ensures swift transactions with significantly higher closure rates compared to other secondhand trading sites.

With its innovative strategies, Epic Corporation has experienced rapid growth within just a year and a half since its founding, positioning itself as a game-changer in the Asian luxury secondhand trading industry.

Epic Corporation specialises in the secondhand trading of high-end furniture, luxury watches, and bags, providing a secure logistics system with genuine product verification and insurance.

-- BERNAMA

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