ChannelAdvisor and Interpark Announce New Strategic Partnership To Accelerate E-Commerce Sales in South Korea

Leading E-Commerce Platform Helps Enhance Global Reach of Brands and Retailers through Interpark

Research Triangle Park, N.C. – November 20, 2018 –  ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions, announced today a new strategic partnership with Interpark Holdings Corporation, a premier e-commerce marketplace based in Seoul. Both companies are teaming up to integrate their services, helping brands and retailers create an optimal online shopping experience for their customers while expanding their global presence in South Korea.  

“As the first e-commerce shopping platform in Korea, Interpark is thrilled to connect our 28 million members with a trusted partner like ChannelAdvisor,” says Tae Shin Lee, CSO of Interpark. “We’ve built a successful online marketplace through our Cross Border Trading program for U.S. sellers, which includes logistics, customer service, and translation. Our platform and business model align perfectly with ChannelAdvisor’s ability to manage complex data sets for U.S.-based brands and retailers, helping them to excel in the Korean market. With 30,000 active sellers on our marketplace today, we’re looking forward to great opportunities in the upcoming years of our strategic partnership.”  

As e-commerce continues to revolutionize retail, international sellers can benefit from this strong strategic fit that leverages both companies’ respective strengths. Through ChannelAdvisor, brands and retailers have access to more than 111 marketplaces as well as a comprehensive suite of analysis and advertising tools to help them build an effective e-commerce strategy.

“The strategic partnership with Interpark creates a leading-edge opportunity for brands and retailers with the potential to significantly expand their presence in South Korea,” said Paul Colucci, Vice President, Global Business Development, ChannelAdvisor. “It combines ChannelAdvisor’s innovative platform with Interpark’s robust marketplace, enabling millions of new consumers to connect with sellers eager to accelerate their sales through a seamless shopping experience. We’re excited to take this next step in our global expansion with Interpark as a strategic partner.”

For more details about ChannelAdvisor, visit ChannelAdvisor’s blog, follow ChannelAdvisor on Twitter @ChannelAdvisor, like ChannelAdvisor on Facebook and connect with ChannelAdvisor on LinkedIn.

For more information on Interpark Holdings Corporation, email clifford1001@interpark.com.