Gsshop Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Revenue (GMV)

US$483m
2024

Global Rank

550
2024

Conversion Rate

2.0-2.5%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Gsshop Revenue & Turnover

Gsshop Annual Revenue & Growth by Year

Gsshop's annual sales on its online store gsshop.com amounted to US$483m in 2024. This represents a change of 0-5% from the previous year. Gsshop's largest online store is expected to see a growth rate of 15-20% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$483m
2024

Annual Growth Forecast

15-20%
24/25

eCommerce Revenue (GMV in Million US$)

2022
2023
483
2024
2025
2026

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Gsshop Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Gsshop, revenues in July of 2025 were US$43m on its domain gsshop.com. This marks a change in monthly revenues of <0% from June.

Revenue Current Month (GMV)

US$43m
07/25

Growth from Previous Month

<0%
06/25-07/25

Monthly eCommerce Revenue (GMV in Million US$)

03-2025
04-2025
05-2025
06-2025
US$43m
07-2025

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Gsshop Sales by Country & Market Shares

Gsshop's main market is South Korea, where its main online store, gsshop.com, generated 100% of revenues in 2024. Gsshop engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

World Map

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Gsshop Revenue Split by Product Categories

Gsshop sales by product category provide a deeper look into its income structure. Gsshop's most significant category is Fashion, which accounts for 27% of total sales in 2024 at its largest online store, gsshop.com. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Fashion (27%)

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Gsshop Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Gsshop's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Gsshop either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Gsshop's' 1P sales contributed 100% to total GMV, while the 3P GMV accounted for 0%.

3P Share

0%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
100%0%
2024
2025
1P Activity
3P Activity

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Gsshop Financial Analysis: Earnings, Net Worth, Profits

Regularly updated figures from Gsshop's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2024, Gsshop's gross profit was US$2,203m, while its operating profit was US$182m.

Gross Profit

US$2,203m
2024

Operating Profit

US$182m
2024

Net Income

2024

Earnings per Share

2024

Total Assets

2024

Total Equity

2024

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Gsshop Top Stores

Gsshop's flagship domain gsshop.com generated revenues of US$483m in 2024. Forecasts expect a revenue change of 15-20% in the coming year.

Top Online Stores by GMV (in Million US$)

# 1
gsshop.com
GS Retail Co., Ltd.
2021

2022

2023

2024

2025

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Note: This ranking is based on GMV. Click here to learn more about our methodology and the drilldown available at ECDB.

Gsshop Competitor Analysis & Similar Stores

29cm.co.kr is the closest competitor to Gsshop's largest online store gsshop.com, with a similarity score of 98.3% in 2024. coupang.com is another key store with a high similarity score of 98.1%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

gsshop.com
Main

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Gsshop Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Gsshop's largest online store gsshop.com reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.0-2.5% in 2024, offering insight into user behavior.

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2.0-2.5%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Gsshop Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Gsshop, the payment providers Bank transfer/cash in advance (Bank transfer), Credit cards not named (Cards) and Kakao Pay (E-wallets) are available at its largest online store, gsshop.com. Shipping providers, on the other hand, vary significantly depending on the market. Overall, gsshop.com offers Not communicated.

Payment Provider

Bank transfer/cash in advance (Bank transfer)

Shipping Provider

Not communicated

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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