Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Planet, a subsidiary of SK Square, is acquiring the Gifticon business from 11Street for KRW 10B to strengthen its marketing platform competitiveness.
📊 [Key Disclosure Content & Major Financial Figures]
- Target Subsidiary: SKplanet Co., Ltd. (Accounts for 1.52% of SK Square’s consolidated total assets)
- Acquired Business: Entire Gifticon business unit of 11Street Co., Ltd.
- Acquisition Price: KRW 10B (KRW 10,000,000,000)
- Purpose of Acquisition: Strengthening competitiveness of marketing platform
- Expected Acquisition Date (Closing Date): 2025-12-01
- Transferor Company Details: 11Street Co., Ltd. (Capital Stock: KRW 5.12B, E-commerce, Subsidiary of SK Square)
- Impact & Financial Factors:
- Increase in assets and revenue related to Gifticon business
- Total liabilities of the acquiring Gifticon business unit stand at KRW 72.9B (As of end-2024)
- Board Resolution Date: 2025-10-29
- Fair Trade Commission (FTC) Filing Required: Yes
- Other Important Matters: The acquisition price and expected closing date are subject to change during contract execution, regulatory approval, and consultation with relevant authorities.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Completion of Business Transfer and Regulatory Approval
This transaction represents an intra-group business restructuring aimed at boosting SK Planet’s marketing platform competitiveness by acquiring 11Street’s Gifticon unit. Verifying whether the transaction successfully closes as scheduled on December 1, 2025, following mandatory regulatory review by the Fair Trade Commission, is essential to confirm the execution of the business transfer. Relevant progress and updates can be verified in future official disclosures or upcoming periodic financial reports.
📢 Disclaimer and Source Information
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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