Toss (Viva Republica) is expanding its commerce business by partnering with early morning delivery service Oasis. The company announced on September 17 that it has opened a dedicated section for Oasis Market on Toss Shopping and made a 30 billion won equity investment.
Viva Republica stated that it has signed an exclusive cooperation agreement with Oasis and launched the 'Oasis Market Dedicated Section' on Toss Shopping.
The dedicated section will operate as a separate tab within Toss Shopping. This marks the first time Toss Shopping has provided a permanent dedicated tab for a specific seller. Customers will be able to purchase approximately 7,000 types of fresh produce directly sourced and sold by Oasis Market.
Users can explore products, make payments, track deliveries, and inquire about customer service through the Toss app without needing to sign up for a separate Oasis Market membership. Payments will utilize Toss Pay, and rewards will be earned through Toss Points.
The dedicated section is set to be unveiled one week before the Chuseok holiday. Product and inventory information will be linked in real-time, and orders will be delivered through Oasis's existing logistics network. Pricing, reward benefits, and discount promotions will align with those offered by Oasis Market.
As part of this collaboration, Toss will invest approximately 30 billion won by acquiring new shares issued by Oasis, which has been valued at 1.3 trillion won prior to the investment. Oasis plans to use the funds to enhance its logistics facilities and expand its workforce.
A Toss representative stated, "By broadening our service range to include early morning delivery of fresh produce, we have made it easier for customers to conveniently purchase everyday items within Toss. We will continue to strengthen our product competitiveness to meet diverse shopping demands within the Toss platform."
* This article has been translated by AI.
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