SK Networks

company

About

SK Networks has a wide range of businesses such as home appliance, rent-a-car, ICT marketing, trading, hotel, and car maintenance/repair.

  • 1001 - 5000

Details

Industries
Hotel,Lifestyle,Logistics,Mobile Devices,Rental,Trading Platform
Founded date
Jan 1, 1953
Number Of Employee
1001 - 5000
Operating Status
Active
Investor Type
PE,Venture Capital

SK Networks has created customer values in various business areas.

(ICT Marketing) SK is the Korea’s No.1 mobile phone distributor based on the largest sales network and nationwide distribution system in the domestic market. We also have launched various ICT products to ease customers’ digital life and established the ecosystem of used phone recycling.

(Home appliance) SK magic (subsidiary of SK Networks) is a premium kitchen appliance company by introducing the gas oven to the Korean market in 1985, and it is expanding its business area to gas/electric ranges, electric ovens, dishwashers, water purifiers, air purifiers and bidets.

(Rent-a-car) SK rent-a-car (subsidiary of SK Networks) is an automotive company that leads the total automotive after market and runs about 170 nationwide network points and consumes about 20.7% market share.

(Trading) With 28 global out posts, our trading business is expanded all over the world. Through international experience amassed over more than 50 years, we have secured outstanding global sourcing ability, market intelligence and strategic networking on steel/chemical/automotive industries around the world that gives us a distinct competitive edge and stable profit structure.

(Hotel) Walkerhill Hotels & Resorts is a pioneer of the Korean hotel industry that provides the best experience in the overall lifestyle including leisure, culture, and food, as well as comfortable rest in the nature.

(Investments) SK Networks is looking for investment opportunities that can bring disruptive innovation to its existing businesses. Since 2018, SK Networks has been actively investing in Venture Capitals/Start-ups mostly in Silicon Valley and in Korea as well.

Investments

Number of Investments
Number of Lead Investments
5
1
SK Networks has made 5 investments. Their most recent investment was on Feb 24, 2022, when BlockOdyssey raised ₩26.30B.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 24, 2022 BlockOdyssey
Series A ₩26.30B Blockchain
Jan 12, 2022 MycoWorks
Series C $125M Advanced Materials
Jul 12, 2021 Market Kurly
Series F ₩223B Consumer
Apr 7, 2020 Market Kurly
Series E ₩200B Consumer
Mar 5, 2018 Market Kurly
Series C ₩16.70B Consumer Yes