Kakao announces that its crowdfunding-based shopping platform KakaoMakers has achieved a cumulative transaction amount of 1 trillion won in 9 years on Dec. 8./Courtesy of Kakao

Kakao announced on the 8th that its crowdfunding-based shopping platform, Kakao Makers, has achieved a cumulative transaction value of 1 trillion won after 9 years since its launch.

According to Kakao, Kakao Makers aims to promote "impact commerce" that brings positive changes to the environment and society through customer orders. It has provided avenues for over 8,200 manufacturers and creators, selling about 36.5 million products. More than 3 million users have participated in joint orders.

Kakao Makers is engaged in activities such as the "Jega Birch" project that opens new avenues for farmers, the "Saega Birch" project that repurposes resources through customer participation, the "Eco Seed" fund that connects orders to solving social and environmental issues, and "P.O.M" (Peace Of Mind), where all profits are donated to society.

Cho Chang-yeob, leader of Kakao Makers, noted, "This is the result of producers and consumers acting together and striving for common values." He added, "In the future, Kakao Makers will continue to be positioned as an impact commerce based on ESG management, pursuing continuous innovation and social contribution."