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Are you employing your cleaners or is the model similar to Homejoy where you are a marketplace for independent cleaners?



We are a marketplace for independent cleaners.


Can they set their own prices then?


No. Our pricing table is simple. 45,000KRW(about $40) for 4 hours, 85000KRW(about $80) for 8 hours.


Then you're not a marketplace for independent cleaners.


Intriguing. As a thought experiment, if San Francisco organizes a farmers market for Tomato farmers and city residents but stipulates that prices must be fixed at $2 per tomato, is that no longer a market by the economic definition, now that price discovery has been taken away?


Depends on if you're buying from 'the farmers market' or if you're still shopping amongst individual--but price fixed--farmers.


It would be a fixed market, not a free market.




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