Interpark is a South Korean company launched as an
online
In computer technology and telecommunications, online indicates a state of connectivity, and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed as "on lin ...
auction
An auction is usually a process of Trade, buying and selling Good (economics), goods or Service (economics), services by offering them up for Bidding, bids, taking bids, and then selling the item to the highest bidder or buying the item from th ...
website and
shopping mall
A shopping mall (or simply mall) is a large indoor shopping center, usually Anchor tenant, anchored by department stores. The term ''mall'' originally meant pedestrian zone, a pedestrian promenade with shops along it, but in the late 1960s, i ...
. In 2014, it entered the Korean music industry as a record distributor.
History
1996 - Established the first online shopping mall, Interpark, by Lee Ki Hyung
1997 - Started online bookstore service
1999 - Listed on KOSDAQ. Started online tour booking service.
2000 - Selected as ticket sales agency of 2002 FIFA World Cup. Established
Interpark Gmarket
2002 - Successfully completed its role as ticket sales agency of 2002 FIFA World Cup
2004 - Ranked as number one online bookstore. Started online open market service
2006 - Established Interpark Mobile. Listed Interpark Gmarket on NASDAQ.
2008 - Established Interpark International, Global M&S Co., LTD. Established Interpark INT (merge shopping, bookstore, ENT).
2009 - Changed CL. Sold Interpark Gmarket to
eBay
eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...
.
2011 - Took over IMK (I Market Korea), a MRO firm. Established Interpark Global (US) and logistic center in US.
2014 - Launched Global shopping site. Listed Interpark INT on KOSDAQ. Entered the
music industry
The music industry are individuals and organizations that earn money by Songwriter, writing songs and musical compositions, creating and selling Sound recording and reproduction, recorded music and sheet music, presenting live music, concerts, ...
through the release of ''
Hotel King OST.''
2018- Established on March 16, 2018, Interpark Academy, then the company changed to its current name on July 6, 2021.
2021- On July 21, 2021, Interpark announced that it established a subsidiary label, Interpark Music Plus, for its idol group production business, that same year the girl group
Laboum
Laboum (; stylized in all caps) is a South Korean girl group currently under Interpark, Interpark Music Plus, the group consists of: Jeong So-yeon, Soyeon, Jinyea, Haein and Ahn Sol-bin, Solbin, original members, Yulhee left in 2017 followed by ...
signed a contract with them. It is also shown that the label is preparing to launch a new male idol group during the year. The same year, Yanolja, Korea's leading hospitality platform, acquired 70% of Interpark's commerce business for $260 million.
2022- Interpark Music Plus announced its first male idol group called
Trendz. Trendz made their debut on January 5, 2022, with their first mini album "''Blue Set Chapter 1. Tracks"''. Interpark merged with Triple and rebranded as Interpark Triple.
2024- Interpark Triple launched TRIPLE Korea, a global travel platform created for foreign tourists visiting Korea.
Items and services
Collectibles, appliances, computers, furniture, equipment, vehicles, food, tickets, clothes, jewellery and many other categories of items are listed, bought and sold via Interpark. Started as Korea's first online shopping mall, Interpark expanded into tickets, online bookstore and tour bookings.
Interpark provides international service, in English, Chinese and Japanese through its global website, Global Interpark.
Around 20 million members are registered and more than 47 million products are listed on Interpark platform.
Interpark covers all area of business including
B2B, B2C and C2C.
Global site
In October 2014, Interpark launched a global version of its site, "Global Interpark". Global Interpark operates in Korean, English, Chinese and Japanese. Global Interpark offers international shipping to over 230 countries. Global Interpark offers payment options including
PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alter ...
,
Alipay
Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company ...
and major
credit card company.
Global Interpark is mainly a ticket platform that offers a wide range of K-pop concerts, musicals, classics, plays, and more. After the merger between Interpark and Triple, the travel app TRIPLE Korea was launched, and Global Interpark was integrated into TRIPLE Korea in 2024.
Profit and transactions
Interpark generates its income by collecting service fees from sellers. Some items are directly sold by Interpark.
The total transaction amount in year 2014 was US$545 million. The online book store department's total transaction amount was US$204 million.
See also
*
Electronic commerce
E-commerce (electronic commerce) refers to Commerce, commercial activities including the electronic buying or selling Goods and services, products and services which are conducted on online platforms or over the Internet. E-commerce draws on tec ...
*
Online auction business model
An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. Similar to in-person auctions, online auctions come in a variety of types, with ...
*
Shopping mall
A shopping mall (or simply mall) is a large indoor shopping center, usually Anchor tenant, anchored by department stores. The term ''mall'' originally meant pedestrian zone, a pedestrian promenade with shops along it, but in the late 1960s, i ...
Labels
*Interpark Music Plus
References
External links
InterparkGlobal InterparkTRIPLE KoreaInterpark Stock Quote
{{Authority control
Online retailers of South Korea