Photokore (www.photokore.com) announced today it has entered into an agreement to sell the microstock photo agency in its entirety to an undisclosed buyer based in Asia. Sean Mooney, the founder and CEO of Photokore, confirmed the sale today.
December 13, 2012 (Newswire.com) - Founder of Photokore, Sean Mooney, will retire as CEO of Photokore (www.photokore.com), the stock photo ecommerce website he founded in 2010. Mooney sold controlling interest in the Asia-based microstock photo company this month to an undisclosed group of Asian buyers.
Mooney, who launched Photokore in 2010, quickly grew the company's share of the Asian imagery market by offering localized image search in multiple Asian languages (Japanese, Chinese, Korean, Bahasa Indonesian, Filipino, and Thai), and an easy-to-use website. With a diverse range over 2 million photos and illustrations from thousands of contributors from over 130 countries; the Photokore quickly grew in sales and reputation.
"Our success in growing sales throughout the Asian region in such a short time span brought me great satisfaction," said founder and CEO Sean Mooney. However, I believe I've proven what I set out to prove - that Asia is a great source of creativity, and has a strong demand for great images. Now, the time has come for Photokore to develop further, something that this new investment will allow."
Under its new management, Photokore plans to continue to focus on enabling Asian image buyers to find high-quality digital images contents using the site's localized Asian-language search engine. Photokore's new owners announced that the company doesn't plan any significant immediate changes in its operations.
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Photokore is a royalty-free stock photography site dedicated to offering high quality global images to the Asian market, and unique Asian images to the world. Photokore's website supports image uploads and purchases in English, Chinese, Japanese and Korean.
Visitors to photokore.com can also search for images in Chinese, Japanese, Korean, Indonesian, Thai, Hindi, Filipino, and English. Landing pages are also available in Arabic, Hindi, Indonesian, Malaysian, Spanish, Thai, Russian, and Vietnamese.
All photos and illustrations on photokore.com can be licensed for creative use - whether on a personal website, or in a global marketing campaign - at prices ranging from US$1 - US$40.
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