date founded

Financing round

General

About Company
Merchant Korea is a budget phone operator in South Korea.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1988

Number of employees

Company Type

For Profit

IPO status

Private

Description

Merchant Korea is a mobile virtual network operator (MVNO) that offers wireless communication services to consumers in South Korea. The company leases wireless capacity from major telecommunication network operators at wholesale prices and resells it under its own "MyWorld" brand at reduced retail prices. Founded in 1998 and based in Seoul, Merchant Korea was acquired by Toss in July 2022. The terms of the transaction were not disclosed.
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M&A Details
1

Transaction name

Acquired by

Toss

announced date

21.07.2022

Financials

Co-Investors

Activity

Recent News
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