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May 15, 2022
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'Korean fashion app ABLY shows solid growth with over 5 million users In the competitive market of online fashion shopping, Korean startup ABLY Corporation is registering record growth and is becoming the ‘must-have’ app amongst the youth. The startup-operated style commerce platform ABLY just recorded 5.1 million monthly active users in August 2021. The app is especially a favorite amongst teens and those in their 20s and 30s. Innovation expansion in products categories propel growth The ABLY app, launched in 2018, had achieved number one ranking amongst users in 2020. A survey of Android and Apple smartphone users over the age of 10 in Korea by app/retail analysis service Wiseapp/Wise Retail showcased that ABLY’s monthly user count stood at 5.1 million last month. The cumulative number of downloads for the ABLY app has exceeded 23,000, 4 to 5 times higher than the industry average. The startup wants global success in future The startup had raised $55.7 million in a Series B round in June 2021, bringing its total Series B funding to 99 billion won.'See also:
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