Oasis, a dawn delivery specialist company, announced on the 14th that, based on separate standards, its revenue for the first quarter increased by 4.7% compared to the same period last year, reaching 134.9 billion won, setting a new record for the highest performance in the first quarter.

During the same period, the operating profit was 6.2 billion won, an increase of 0.9% compared to the previous year, and the quarterly net profit increased by 15% to 6.9 billion won.

Oasis Market analyzed that this performance was a result of various promotions conducted in the first quarter, including an event celebrating the surpassing of 2 million members and strong results in the online institutional sector.

View of OA Market headquarters./Courtesy of OA

In particular, aggressive marketing strategies implemented since late February, including increased advertising spending and expanded delivery areas, yielded results, with March sales increasing by 16% compared to December of the previous year. During the same period, online sales rose by 23%, driving the overall performance increase.

In March of this year, the number of deliveries increased by 26% compared to December of the previous year, and as of the end of March, the number of loyal customers who made purchases six times or more a month rose by 72% compared to the same month last year.

Oasis Market noted that "despite the difficult distribution environment, we are achieving revenue growth and profit realization simultaneously, navigating as a profitable e-commerce company."

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