ONE Store operates an alternative app marketplace that distributes games, apps, and multimedia content to mobile users. The platform reaches over 40 million users in South Korea and serves hundreds of app developers. ONE Store’s core product is its application marketplace and associated distribution tools for app and game publishers. The company plans to extend its reach into international markets and grow its app store business across more devices worldwide. ONE Store has attracted strategic investors, including $15 million from Microsoft and Deutsche Telekom Capital Partners in 2021 and a 20 billion Korean won investment from Krafton last October. It is pursuing partnerships and technology integrations to optimize app install journeys, improve conversion rates, and expand monetization for developers.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024