Written by 11:39 AM Tech

Platier records 36.5 billion won in sales in the first half of the year in its solution business.

Sales of 15.03 billion KRW and operating loss of 3.54 billion KRW…”Expectations for sales and profit expansion in the second half of the year”, ‘Although the performance of Platieur in the first half of this year was sluggish due to delayed investments in major e-commerce platforms, the solution business, which is a future growth driver, showed growth, raising expectations for the second half.’,
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, ‘Digital platform solution specialist Platieur (CEO: Lee Sang-hoon) announced on the 14th that it recorded sales of 15.03 billion KRW, operating loss of 3.54 billion KRW, and net loss of 2.46 billion KRW for the first half of 2024.’,
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, ‘Overall sales decreased due to delayed investments in major e-commerce platforms amid weakened domestic consumption, but the solution business that has been invested in as a future growth driver since going public recorded sales of 3.65 billion KRW in the first half, showing growth. This is a 54.9% increase compared to the second half of 2023, achieving the highest semi-annual performance in history.’,
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Platieur logo,
, ‘Platieur’s AI personalization MarTech solution Groovy achieved a solid performance in the first half of the year with a 28.3% increase in sales compared to the same period last year. Especially, entering the public sector by obtaining Cloud Service Security Certification (CSAP) made a significant contribution to the performance. Sales started to generate from the second quarter through a contract with the Korea Tourism Organization, and the increasing demand in the public sector is also raising expectations for the second half performance. Groovy plans to generate additional revenue through the expansion of managed services business outsourcing IT asset operation and management to external professional agencies and data integration services, in addition to existing solution license sales.’,
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, ‘Investments in the development of large-scale online comprehensive shopping malls and open markets have been delayed, but investments in the redevelopment and enhancement of functions for mid-sized self-operated malls continue. Platieur’s enterprise-class e-commerce solution, X2B, is actively engaged in the construction of self-operated malls.’,
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, ‘Starting with the renewal project of Geumcheon Meat, a wholesale meat shopping mall operated by Dongwon Home Food, Platieur has been continuously winning contracts, including the Lotte Card mall integration project in March and the digital education company Ice Cream Media Mall unified platform construction project in April, maintaining its growth trajectory. Furthermore, to address the demand of corporate customers for self-operated malls, Platieur has launched X2B Cloud, a subscription-based commerce solution, to accelerate contracts for self-operated mall creation.’,
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, ‘Platieur is pursuing a strategy to establish a stable growth foundation through the X2B Cloud solution that generates repetitive sales while creating large-scale sales through the existing strong point of large e-commerce SI business.’,
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, ‘The digital transformation business continued to show steady sales growth, increasing by 4.3% compared to the same period last year. With active investments in AI and cloud-based IT to secure digital competitiveness for companies, growth has been sustained. In particular, in the first quarter, efforts were made to strengthen collaboration with existing major customers such as Samsung Electronics, LX Semicon, Samsung Electro-Mechanics, and GS Retail, and in the second quarter, additional contracts were secured with leading companies in various industries such as Naver, LG Uplus, SK Hynix, and NCSoft, expanding the business.’,
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, ‘Lee Sang-hoon, CEO of Platieur, stated, “After achieving the highest quarterly performance ever with about 1.9 billion KRW in solution business sales in the first quarter, we also achieved the highest semi-annual performance in solution sales in the first half of the year,” adding, “As we have been focusing on transitioning to a solution-centric business through concentrated investments since going public, we will expand this business more vigorously from the second half to further increase sales and profits.”‘,
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