KG Mobility Platform Co. Ltd.
KKRX:3819706,330.00
KRW
-260.00
(-3.95%)
ISIN
KR7381970003
Return %
Stock
S&P 500
1Y
-58.95
14.39
3Y
-33.51
81.42
5Y
-75.08
68.62
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- In-Guk Jung
- Full Time Employees
- 1,135
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Cheongwoo Auto Plaza Seoul SL South Korea 07210
- IPO Date
- Oct 13, 2021
- Website
- kcar.com
- Similar Companies
- Business
- K Car Co., Ltd. operates as a leading South Korean automobile distribution company specializing in the wholesale and retail trade of used vehicles. The company principally engages in direct purchase, inspection, and sale of certified pre-owned cars through an omni-channel platform combining online e-commerce and a network of directly managed offline showrooms. Its main product and service offerings include used car sales across various categories such as sedans, commercial vehicles, light trucks, and utility vehicles; car rental services encompassing both short-term and long-term rental of new and used vehicles; and automotive financing solutions tailored to individual customers. K Car also provides integrated post-sale services, including a 3-day money-back guarantee, extended warranties, vehicle market price tracking, vehicle history inquiry, regular inspection notifications, and insurance expiration alerts. The company leverages AI-driven demand forecasting and customized inventory sourcing to optimize operations and enhance customer experience. Founded in 2017 and headquartered in Seoul, South Korea, K Car is publicly listed on the Korea Stock Exchange since 2021 under ticker 381970.KS. Recently, K Car has demonstrated significant growth momentum with double-digit increases in sales and operating profits, driven by advanced AI capabilities for market price calculation and demand forecasting. The company has expanded its strategic initiatives by partnering with technology firms to enhance customer insights and focusing on eco-friendly vehicle offerings. It has also increased its auction operations, improved inventory management, and launched new B2B services to diversify revenue streams. Furthermore, K Car raised its quarterly dividend by 58% in 2024, signaling strong financial health and commitment to shareholder returns. Its awards include being ranked first in the used car platform category in Korea and maintaining a six-year streak as the top branded used car distributor in the country. K Car's comprehensive business model spans direct consumer engagement through digital platforms and offline stores, wholesale transactions via auction centers, and integrated ancillary services, positioning it as a dominant player in the Korean used car market with ongoing strategic expansions and operational enhancements supporting sustained growth and market leadership.