Latest news with #GlobalMall
Korea Herald
14-07-2025
- Business
- Korea Herald
Olive Young's global platform logs record sales in H1 on robust US demand
CJ Olive Young's global online platform posted record sales in the first half of the year, with the United States accounting for more than half of the total, the beauty retail giant said Monday. Named Olive Young Global Mall, the platform posted a 70 percent on-year increase in sales during the January-June period, while order volume rose by about 60 percent over the same span. The strongest driver of sales growth was the US, which contributed over 40 percent of the platform's first-half growth, according to the company. The US alone made up more than half of total sales. To build on its US momentum, Olive Young is scaling up its logistics infrastructure. Earlier this month, the company signed a memorandum of understanding with FedEx to strengthen Korea-US shipping links and enhance delivery for American consumers. 'We plan to continue building logistics networks in other countries to better accommodate rising overseas demand for Korean beauty products,' an Olive Young official said. Other standout markets in the first half included the United Kingdom, where sales surged 300 percent on-year, as well as Malaysia (256 percent), Singapore (191 percent) and Japan (180 percent). Olive Young has emerged as a key launch pad for Korean beauty brands seeking to expand overseas. As of June, roughly 1,200 brands were listed on its Global Mall, up from 130 at its launch in 2019. The platform also surpassed 3 million members for the first time in June. 'The growth of the Global Mall represents a meaningful step in connecting small and mid-sized K-beauty brands with international consumers,' the company official said.
Associated Press
03-03-2025
- Business
- Associated Press
RYO Coin: Japan's Web3 Revolution Making Crypto Accessible to Everyone
RYO Coin is a Japanese cryptocurrency project aiming to be more than just a token. It's building a full-scale digital ecosystem integrating real-world applications like a crypto-integrated e-commerce platform (Global Mall), a Web3 wallet (LIFE Wallet), and Japan's first licensed crypto ATM network. Led by the mascot RYO-Chan, the project also incorporates AI-driven portfolio management, gaming, and charity initiatives. RYO emphasizes compliance, security, and a strategic approach to global expansion, having already secured listings on several exchanges. It boasts a large, multi-generational community in Japan and plans to further expand its ecosystem, listings, payment integrations, gaming experiences, and social impact programs. RYO aims to connect, engage, and uplift people through blockchain innovation. SINGAPORE, SG / ACCESS Newswire / March 2, 2025 / In a world where crypto remains complex and fragmented, RYO Coin is changing the game-not just for blockchain, but for the future of digital engagement. More than a cryptocurrency, RYO is designed to be a full-scale financial ecosystem offering full autonomy over digital assets, while integrating real-world commerce, social impact, and gaming - built to benefit everyone. 'We are reaching beyond crypto traders to everyday people who want an engaging, rewarding digital experience,' said Anthony Diaz, Founder & Chairman of the RYO Project. Rooted in Japan's traditions of honor, respect, integrity and operating under the world's strictest compliance standards, RYO is committed to transparency, cutting-edge technology, consumer protection and expanding beyond crypto to reach the masses worldwide. Beyond Crypto: A Full-Scale Digital Ecosystem Unlike most projects that focus solely on token trading, RYO bridges blockchain with real-world applications, entertainment, and social impact, including: LIFE Wallet - A next-generation Web3 digital wallet for seamless transactions. The Global Mall - A crypto-integrated e-commerce platform for everyday shopping. Japan's Crypto ATM Network - The country's first and only licensed Crypto ATMs, rolling out nationwide to provide instant digital asset access. RYO-Chan - RYO's mascot leading its AI-driven smart contract analysis and portfolio management platform, gaming ecosystem, charity initiatives, and incentive programs - bridging blockchain with mainstream audiences through entertainment and social impact. RYO's initiatives empower communities and showcase blockchain's potential beyond finance. 'We are redefining what blockchain can be,' said Lani Dizon, Co-Founder & President of the RYO Project. 'RYO isn't just a financial tool-it's an entire movement designed to connect, engage, and uplift people through innovation.' RYO's achievements have not gone unnoticed. In 2024, RYO was honored with the prestigious " Best Crypto Solution" award by the Tech Ascension FinTech Awards, recognizing its security, usability, and innovation in making blockchain technology accessible to the masses. Regulated, Secure & Expanding Globally Unlike speculative crypto projects, RYO operates within Japan's highly regulated financial framework, ensuring compliance, security, and long-term trust. After years of meticulous development, RYO launched its first international listing in May 2024. Unlike many projects that list aggressively, RYO takes a compliance-first, strategic approach to expansion. Each listing-including LBank, MEXC, and DigiFinex Global - was carefully selected under the guidance of its regulatory advisors from Japan. More listings are planned for 2025, maintaining the same rigorous standards. This measured strategy has strengthened investor confidence, upheld regulatory integrity, and ensures long-term, sustainable growth. A Loyal, Multi-Generational Community With over 30 years of marketing expertise in Japan, RYO has built a large, multi-generational community spanning all age groups-including the elderly-through strategic education and awareness initiatives. This broad adoption sets RYO apart, proving its usability, trust, and mass appeal across diverse demographics. What's Next: Expanding the RYO Universe Expanding the ecosystem for greater simplicity and usability. Further global exchange listings to expand accessibility. New real-world payment integrations with businesses and merchants. Launch of RYO-Chan gaming & interactive experiences. Charity partnerships & social impact programs. 'We're not just building a token-we're building for the future,' Diaz emphasized. 'Crypto is only one piece of the puzzle. We are creating an entirely new way for people to connect, earn, shop, and engage-all through blockchain.' Join the RYO Revolution! With a strong foundation, Japan regulatory compliance, and a vision far beyond finance, RYO is shaping the future of Web3. Media Contact Organization: Zenza Capital PTE. Limited Address: 81 UBI AVENUE 4 City: Singapore Country: Singapore
