K-Economy News: Ottogi rises as a global company and joins the '3 trillion won' sales club after collaborating with #Jin
Posted by now-topic31,979 pts Saturday, January 14, 2023
At the end of December, Korean economic news reported about Ottogi thriving despite the rest of the industry experiencing an economic recession.
The revenue of Ottogi has increased by at least 15% compared in 2022 compared to 2021. It was marked that Ottogi's sales and popularity sky-rocketed in the overseas market due to Jin's commercial endorsement. It was also predicted that Ottogi would join the '3 trillion won club' (2.43 Billion USD) of companies due to such a high increase in sales.
And it came true this week! Ottogi has reached over 3 trillion won (2.43 Billion USD) in sales. Korean economic media says that Ottogi is growing very fast as a global brand. In the last quarter of the year, Ottogi reported about getting over KRW 778.9 billion (630 million USD) in sales!
[NAVER] K-Media reports that Ottogi becomes global Ottogi as it achieves 3 trillion won in sales.
The media says that Ottogi's new representative face, Jin, attracts huge attention globally & domestically. Jin is very much loved worldwide thanks to his clean and sophisticated visuals, perfect reputation, and warm personality. Ottogi plans to boost their brand value at home and abroad to the next level.
11/10 Joongang Daily Ottogi offical,"There have been constant conversations ab him being our model ever since
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