Danggeunyo·Seoul Delivery, first-half sales 891won·2.5fold growth
Combined first-half sales for Danggeunyo and Seoul Delivery came to 891won. Danggeunyo's sales rose 2.5fold from a year earlier, and during the same period the Financial Services Commission and 5major financial holding companies supplied 11trillion 3,000won in inclusive finance, according to the tally.
Danggeunyo and Seoul Delivery posted combined sales of 891won in the first half of this year. Danggeunyo's standalone sales increased 2.5fold from a year earlier, the company said.
According to the company, Danggeunyo focused on attracting users by highlighting price competitiveness, and said platform operations and promotions contributed to sales growth.
The Financial Services Commission and 5major financial holding companies were tallied at 11trillion 3,000won in inclusive finance supply for the first half. The tally included loans for low-credit borrowers and support for self-employed businesses.
Of this amount, 3trillion8,000hundred million won was used for debt restructuring and debt write-offs, the company said. The measures were carried out to ease the burden of debt repayment.
The inclusive finance execution items included several programs such as low-credit loans for young people, emergency living expense support for self-employed business owners, and debt restructuring. The financial holding companies said they had tallied related results on a quarterly basis.
The Financial Services Commission said it would define inclusive finance as a permanent duty of financial holding companies and establish an evaluation and accountability system. Financial holding companies will receive regular reporting and evaluations on future inclusive finance results.
This announcement by the company and the financial holding companies shows both first-half results and policy implementation at the same time. Investors can check the detailed items in each company’s disclosures and the quarterly reports of the financial holding companies.