Revenue of SMEs in the used car market South Korea 2013-2017
In 2017, small medium enterprises (SMEs) in the used car market in South Korea recorded revenue of over five trillion South Korean won. According to the source, the annual growth rate of revenue for SMEs in the used car market was on average 20.5 percent. In 2013, the used car market was designated as a "SME suited sector" by the South Korean government, which blocked larger corporations from entering or expanding in the market.