Auctionofficial website

Auctionpresent (sb for a job etc)

Auction is a Korean auction-based e-commerce platform and the first e-commerce platform in the history of Korea. It was founded in 1998, introducing the concept of an open marketplace where anyone can freely sell and buy goods. Currently, Auction has become one of the mainstream and comprehensive e-commerce platforms in Korea, covering 48% of the country's population.

The advantage of the Auction platform is its coverage of Korea's premium traffic. Korea has the highest speed internet in the world and Korean consumers are keen on online shopping. Most buyers are between 20-30 years old, and Auction receives more than one million unique visitors per month. As a comprehensive e-commerce platform under eBay KOREA, Auction has a wide range of hot-selling categories, including apparel, 3C products, bags, home furnishings and more. It gives sellers a wide range of choices and regularly organizes promotions for overseas sellers. According to eBay KOREA, which operates Auction, China's cross-border e-commerce sales grew by 37% year-on-year in the first quarter of 2019, and the share of sales of global products within the platform grew significantly from 23% to 33%. e-commerce turnover totals and sales volumes on the Auction platform continue to grow.

If you want to join the Auction platform, you need to meet the following requirements: the company must be a legal company in China, Hong Kong, Macao and Taiwan; provide a copy of business license, corporate US dollar account, a copy of the legal person's passport, an application form, a purchase invoice and a guarantee of authenticity. The onboarding process includes submitting an application and submitting the required information, conducting a preliminary data review (2 working days), platform review and completing the onboarding procedures (takes 10-12 working days).

Auction is an e-commerce platform with great potential and advantages. If you want to do business in the Korean market, you may want to consider being on the Auction platform. Good luck!