Ecommerce player TMON, formerly Ticket Monster, is taking a swipe to dominate all three in order to gain an edge over No. 1 ecommerce platform Coupang and rattle brick-and-mortar competitors. Elaine RamirezSouth Korea's travel market is fragmented in both accommodations and flights, two major markets boosted by the increasingly consumer-led economy. TMON broke into the travel sector in 2015 by chance, Shin says, after offering alternative accommodations and meeting stronger-than-expected demand. TMONTMON goes head-to-head against local startups Yanolja and WithInnovation, which publicize Korea's tens of thousands of alternative accommodations.

Source: Forbes August 07, 2017 11:23 UTC