2-1 Piggycell

Piggycell

Mobile battery sharing platform that has over 90% of market share in its first market, South Korea. Total number of users on Piggycell is over 2,400,000 users as of January 2024. Piggycell has integrated its user point system with the Recharge platform so that Piggycell users can switch their points to The Recharge token when needed.

Analysis

No. of User Growth (QoQ)

POI Growth (QoQ) Cabinets Growth (QoQ)

Market Dominance Backed by Operational Expertise to Counter Local and Foreign Competitors

Korea Market Share

Strengthening of small store sales capabilities

Ecosystem expansion via strong internal sales team and sales agents to onboard top reviewed independent stores in more regions of Korea