Future plans for TEMCO’s blockchain based luxury marketplace, GUHADA
In recognition of TEMCO’s reliable technology, TEMCO’s GUHADA is targeting Cross-Border luxury product buyers through partnerships with GS Home Shopping, LotteOn, SSG, and Gmarket Global and more. Based on buying power with European boutiques that have secured a solid network since the beginning of the business in April of this year, the B2B luxury goods distribution business is in full swing by launching a real-time Cross-Border purchase service with partners. It is expected that the scale will be further expanded. B2B2C partners are expected to diversify.
In July, TEMCO and GS Retail launched ‘B-Link’, a blockchain based quality history management platform. Currently, it is used for tracking pork products distribution history, but it can be applied to any category. In the future, TEMCO and GS Retail plan to apply the blockchain based supply chain service as ‘B-Link’ within the G service to make it more intuitive to use.
In addition, GUHADA plans to establish itself as a luxury platform with overwhelming buying power by increasing the size of GUHADA’s own buying power by exceeding 300,000 members and 1.8 million monthly active users (MAU).
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