KoreaTechDesk | Korean Startup and Technology News

Mon, August 04, 2025

Sign in

Virtual Demo Day
Menu
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
  • Home
  • Startup News
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • Press Release
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation
    • Investments
    • Ecosystem & Lists
  • Governments
    • Artificial Intelligence Industry Cluster Agency
    • Daegu Technopark
    • GANGNAM-GU
    • Gyeonggido Business & Science Accelerator
    • Hwaseong Industry Promotion Agency
    • Invest Seoul
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Information Security Industry Association
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of Culture, Sports and Tourism
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Events
    • COMEUP
    • Korea Fintech Week
    • K-Content Expo
    • NextRise
    • Try Everything
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • Campus Town Program
    • SGSC Global Bootcamp
    • Gangnam-gu Global Roadshow
    • Global SaaS Marketplace Support Project
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Partner With Us
    • Press Release
    • Startup Scouting
    • Business Agencies
    • Global Mentorship Program
    • Investment Opportunities
    • K-Scouter Program
  • Lists
  • Virtual Demo Day
Home Startup Marketplaces & E-commerce

K-beauty digital factory ‘Maycoders’ attracts initial investment from Kakao Ventures

by Chloe kim
January 24, 2022
in Marketplaces & E-commerce
0
Maycoders has developed K-beauty digital factory 'MAYK,' which helps global buyers directly make manufacturing requests to Korean cosmetic manufacturers

Maycoders has developed K-beauty digital factory 'MAYK,' which helps global buyers directly make manufacturing requests to Korean cosmetic manufacturers.

0
SHARES
102
VIEWS
Share on FacebookShare on Twitter

K-Beauty products are in great demand worldwide, prompting many global beauty brand distributors to avail them. As per a media report, 7.9 million global e-commerce sellers in the K-Beauty area are most active in digital vertical brand development.

Korea is a beauty product manufacturing powerhouse, with Cosmax and Kolmar driving overseas sales. However, it has been relatively complex for regular sellers with small orders to avail K-beauty brands. Korean startup Maycoders has developed K-beauty digital factory ‘MAYK,’ which helps global buyers directly make manufacturing requests to Korean cosmetic manufacturers. MAYK recently attracted a seed investment of 450 million won from Kakao Ventures.

A platform that helps global K-Beauty distributors

MAYK is a system where customers can place online orders based on ingredients, capacity, and container design. MAYK targets the digital vertical brand supply market, which is expected to reach 2 trillion won by 2025. Although MAYK lacks overseas sales capabilities, it solves the difficulties of both sides by following 10,000 manufacturers who manufacture high-quality K-beauty products and global buyers who are local distribution sellers.

Maycoders is a startup established by a computer science graduate. Through this investment attraction, Maycorders plans to expand the existing distribution network globally and expand the manpower necessary for MAYK development.

Saemi Choi, CEO of Maycoders, said, “We will first expand our distribution network to the six ASEAN countries and the North American market, and based on this, we will convert distribution profits into manufacturing profits.” Wonyeol Jang, chief executive of Kakao Ventures, said, “Maycoders is a team that stands out for enhancing the convenience of Southeast Asian buyers through AI.”

Maycorders is also operating ‘SEOUL4PM ‘, a B2B e-commerce platform between Korean and Filipino companies. The monthly trade volume of the platform is around 100 million won.

Also Read more about K-Beauty, 

  • K-Beauty brand aggregator B2LiNK Corp. to acquire digital skincare community platform Picky Inc.
  • Korean startup Seoul Unniedeul popularising K-Beauty market with unique content platform
  • K-Beauty startup SD Networks’ Saint Blanche cosmetics combine skincare with luxury
  • Korean startup Spigen Beauty wants to ‘glam up’ the World with K-beauty products
Tags: Digital platformInvestmentK-BeautyKakao VenturesMaycodersMAYK
Previous Post

FuturePlay expands footprint in Southeast Asia with investment in Singapore-based logistics platform Haulio

Next Post

North America emerges as the most favourable overseas market for Korean startups: KOTRA survey 

Next Post

North America emerges as the most favourable overseas market for Korean startups: KOTRA survey 

Please login to join discussion

POPULAR POSTS

‘Solar Pro 2’: Korea’s First Global AI Fronti...
Korean AI startup Upstage has made history.…
by KoreaTechDesk Writer . 22 Jul 2025

Korean Startup Suriwang Manager Gains 70+ Clients in a ...
Repair marketing is getting smarter and more affordable with Suriwang Manager, a fast-growing AI-powered marketing tools from Korean startup Team…
by KoreaTechDesk Writer . 22 Jul 2025

Startup NOTAG Korea: The Secret Formula of Successful K...
In today’s fiercely competitive race to globalize Korean fashion and beauty, a Korean startup has managed to crack the Southeast…
by Dae-jung Park . 24 Jul 2025

Korean Government Launches New Smart Safety Tech Progra...
South Korea’s Ministry of SMEs and Startups (MSS) has launched a major new smart safety tech program aimed at reducing…
by Chloe kim . 24 Jul 2025

Needer Expands Spot Work Market with Strategic Investme...
Korea is set to see significant growth in flexible employment solutions, as Korean startup Needer secures a strategic investment from…
by Richard Park . 26 Jul 2025

Register for Event

MOST READ ARTICLE OF THE WEEK

1.
South Korea’s Ministry of SMEs and Startups Unveils $2.23 Billion Support Plan for Startups in 2025
3 Jan 2025
2.
South Korea Shines at CES 2025: Global Innovation Champion, Record-Breaking K-Startup Pavilion, Award-Winning Innovations
10 Jan 2025
3.
South Korea Opens Applications for the 10th K-Startup Grand Challenge 2025 – Korea’s Flagship Market-Entry Program Offering ₩950M (US$633K) in Government Support 
7 May 2025
4.
K-Startup Grand Challenge : Empowering Global Startups and Driving Innovation in South Korea
28 Apr 2025
5.
AI in South Korea: Startups Leading the Generative AI Revolution
1 Apr 2025

List Article

1.
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030
20 Aug 2024
2.
Top Co-working Spaces for Startups & Companies to Explore in South Korea
3 Apr 2024
3.
Top Accelerators in South Korea Shaping Startup Success
29 Nov 2023
4.
Top Korean Venture Capital Firms Backing Startup Success
26 Oct 2023
5.
Top Apps for Seamless Korean to English Translation
14 Aug 2023

Similar Articles

Marketplaces & E-commerce

Startup NOTAG Korea: The Secret Formula of Successful K-Fashion and K-Beauty Export to Southeast Asia

More
Ably
Marketplaces & E-commerceStartup

Alibaba Invests $71.4 Million in Korean Fashion Platform Ably, Boosting Its Valuation to $2.1 Billion

More
xCrew
AI & Big DataGangnam-gu Global RoadshowMarketplaces & E-commerce

xCREW: Korean Startup’s Innovative Community Platform Transforming the Global Outdoor Activity Landscape 

More

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

Contact us : [email protected]

Topics

Menu
  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

Menu
  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

About

Menu
  • About Us
  • all articles
  • Terms of Use
  • Privacy
  • Cookie-policy
  • twitter

Subscribe and be informed first hand about actual Korean startup news.

All the day’s headlines and highlights, direct to you every morning.

© 2023 Koreantech News & Media Korea Zrt. All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.