Project

AI AUTOMATIC PRODUCT REGISTERING SYSTEM, named as (USOPP)
AI AUTOMATIC PRODUCT PRICE UPDATING SYSTEM, named as (ROBIN)
USOPP and ROBIN comes out of the cartoon "ONE PIECE"

Project Summary

Team "The Commerce" is trying to solve a few problems that consumer facing in current eCommerce market when they shopping. As per many Open-market’s competition gets intense, they post their product with fishing items with lower price then add optional fees with the “real” item when check out. So, Current eCommerces displays search results without filtering false information and consumers are getting tired of diverse discount options finding on the lowest price.

To save consumer’s time & energy, team "The Commerce" are trying to display and offer the lowest price among the rest of open markets with no fishing items.

How we achieve? The Commerce's assets backed by Big Data, Machine Learning, and AI technologies will register and filter information and display ONE CORRECT ITEM with ONE LOWEST PRICE, AUTOMATICALLY!

Business Model

We focus on B2B, B2E through www.onedeal.co.kr (Enclosed online mall for small business entities) and B2C model through www.oneprice.co.kr (Open market) allowing our sellers to sell items in exchange for a small commission paid to us.

Our differentiation is AI automatically updating our product prices every 30min to achieve lowest price, as comparing prices on other open markets. Also we provide AI Automatic product registering system to our seller, and it helps them to minimize product registration time.

Main Achievements

- SAP Startup Focus Qualified, HANA DB AWS Certified
- NICE programming capability assessment (TCB) T3 Level
- *TIPS (Technology Incubator Program for Startup) Program selected
- “ZERO” marketing expense, still achieved 200,000 Monthly Active Users, and total transaction amount of 2.5B won in 2016.
- Successfully received investments from venture capitals including Samsung Venture Investment, and Industrial Bank of Korea.