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Clarence Chu
  • Clarence Chu

One Store IPO

One Store is looking to raise up to US$228m in its Korean IPO. One Store is a mobile app market platform, formed by a cooperation between South Korea’s three telecom carriers, together with Naver Corp, an internet firm in South Korea. One Store delayed its bookbuild by two weeks, with book building slated to run between 9th-10th May 2022. Listing was initially planned for 13th May as well but has been pushed back to end May. While the updated prospectus contained a change in peers used as a ...

Clarence Chu
  • Clarence Chu

One Store IPO

One Store is looking to raise up to US$228m in its Korean IPO. One Store is a mobile app market platform, formed by a cooperation between South Korea’s three telecom carriers, together with Naver Corp, an internet firm in South Korea. One Store has had an impressive track record and its alliances/partnerships set it up to be an interesting growth story. Cutting its commission take rate for developers, the firm had gained a footing in its domestic market, recording consecutive periods of tran...

Clarence Chu
  • Clarence Chu

One Store Pre-IPO

One Store is looking to raise up to US$228m in its upcoming Korean IPO. One Store is a mobile app market platform, formed by a cooperation between South Korea’s three telecom carriers, together with Naver Corp, an internet firm in South Korea. By cutting its commission take rate to attract developers, the firm has managed to turnaround its transaction volume in FY18, leading it to record consecutive quarters of growth. Together with its partnerships/alliances, it has managed to gain momentum...

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