The Work Index by Flexa

Bungaejangter Inc.

Bungaejangter Inc. is a Korean online marketplace specializing in secondhand goods, fostering a sustainable consumption culture through technology-driven, stress-free re-commerce experiences.

https://bgzt.co.kr/
5.5

/10

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Description

Bungaejangter Inc. is a South Korean company that operates a popular online platform for buying and selling used goods. Focused on creating a stress-free re-commerce experience through technology, they have grown significantly since launching in 2011. Their platform boasts over 20 million registered users and handles over 21 million transactions annually, generating a yearly revenue of 2.5 trillion won. Bungaejangter's success can be attributed to their commitment to user-friendly features, including a secure payment system known as "Bungaepay" and a comprehensive care service called "Bungae Care" which provides authentication, inspection, and cleaning for high-value items like luxury goods and sneakers.

Bungaejangter also prioritizes a sustainable consumption culture, evidenced by their ongoing efforts in environmental protection through initiatives like internal flea markets and reusable day campaigns. They cultivate a fun and rewarding work environment for their employees, fostering collaboration and professional development through internal knowledge-sharing sessions, team-building events, and generous benefits like self-development education subsidies.

Flexibility

Bungaejangter Inc. offers employees flexibility in their work arrangements, as evidenced by their mention of a "NEW START" welcome kit that includes a mobile laptop stand. This suggests a company culture that encourages working from different locations and embracing a more flexible approach to work.

Benefits

Bungaejangter Inc. offers a generous benefits package for its employees, including a monthly allowance of 30,000 won in "Bungae Points" for use on the company's platform, an annual education budget of 1,000,000 won for personal development, and a comprehensive health insurance plan. The company also encourages a culture of gratitude and appreciation, with a "Thank_Burn" system that allows employees to express their appreciation for their colleagues with a message and a small gift.

Mission

Bungaejangter Inc. is a Korean technology company dedicated to making re-commerce stress-free and accessible for everyone. Through innovative technology and a focus on user experience, they aim to create a seamless and trustworthy platform where people can buy and sell used goods with ease and confidence. Their mission is to empower consumers to embrace sustainable consumption practices by giving pre-owned items a second life, ultimately reducing waste and fostering a circular economy.

Disruptor
Environmental impact driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Bungaejangter Inc. fosters a culture of open communication, collaboration, and mutual respect. They encourage employees to share their ideas and perspectives, regardless of their position, creating a welcoming and inclusive environment. They value proactive problem-solving and continuous improvement, while prioritizing the well-being of their employees with a focus on work-life balance. The company promotes a culture of growth through various initiatives such as internal knowledge sharing sessions, professional development opportunities, and a robust feedback system.

Collaborative
Engaging
Entrepreneurial
Fun
People-first
Progressive
Supportive

DE&I

Bungaejangter Inc. champions diversity, equity, and inclusion by fostering a welcoming and inclusive work environment where all employees feel valued and respected. They promote open communication and collaboration, encourage employee resource groups, and offer diverse talent development programs to support the professional growth of their employees. Bungaejangter actively seeks to hire diverse talent and embraces different perspectives and backgrounds, believing that a diverse workforce leads to innovation and creativity.

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