SHOP CJ Network Pvt. Ltd. (Formerly Known as STAR CJ Network India Pvt. Ltd) is a 50:50 joint venture between the South Korean home shopping major, CJO Shopping Co. Ltd. and the P5 Asia Holding Investments (Mauritius) Limited belonging to the Providence Equity Partners group.
CJ Corporation is a South Korean conglomerate holding company. It comprises numerous businesses in various industries of food and food services, pharmaceutics and biotechnology, entertainment and media, home shopping and logistics. CJ Group was originally a branch of Samsung until it separated in the 1990s.
CJ O Shopping Co. Ltd. is one of the most trusted names when it comes to home shopping in Korea. CJ O Shopping has been ranked no.1 in both, the 'National Customer Satisfaction Index in the TV home shopping network' list (2002 -2008) and the 'Korea Brand Power Index in home shopping' list (2005-2008). With success in each market it has entered, the revenue amounted to a staggering USD 28 Billion for CJ group & USD 4.8 Billion for CJO Shopping (2013).
Providence is the world's leading private equity firm focused on media, communications, education and information investments. The firm manages funds with $40 billion in commitments and has invested in more than 140 companies globally since its inception in 1989. Headquartered in Providence, Rhode Island (USA), the firm has a global presence with offices in New York, London, New Delhi, Hong Kong and Beijing. In India, Providence's investments include Idea Cellular, Aditya Birla Telecom Limited, UFO Moviez, Hathway Cable and Datacom. These investments make Providence one of the largest private equity investors in India with more than $1 billion invested to-date in the country.
Highly driven by consumer insights, the team of SHOP CJ strives to cater to a wide spectrum of audience by providing products that are in synch with their lifestyle. Gadgets, home décor, electronics, kitchenware, apparels & accessories, etc. are few of the categories that bring about a change in our customer's lifestyle.
Vivienne Westwood once said, 'what I'm always trying to say to the consumer is: buy less, choose well, make it last.' Staying true to this philosophy, SHOP CJ offers ultra-trendy, durable, cost-effective, innovative and customer-friendly products to give maximum benefit to our customers. The programming pattern is highly influenced by the contemporary lifestyle, and our selection of hosts is in tandem. Our responsibility towards the customer even remains after the transaction as we are involved in post-delivery resolution of grievances too. SHOP CJ aims to revolutionize the shopping pattern in India by placing customers on the very top of the value chain.