ZEPETO

What ZEPETO does

ZEPETO is a mobile-first social metaverse platform operated by NAVER Z Corp., a subsidiary of South Korea's Naver Group. Users download the app on iOS or Android (or access via web.zepeto.me), create personalized 3D avatars, and explore a library of thousands of user-generated and officially curated virtual worlds spanning social hangouts, mini-games, branded IP experiences (e.g., BT21 Theme Park, Squid Game, K-pop Demon Hunters worlds), and themed entertainment. The platform's core technology stack centers on a real-time 3D avatar rendering and world-hosting engine, with ZEPETO LIVE providing live-streaming and real-time social interaction, and ZEPETO Studio supplying creator tooling for building and publishing custom worlds. A formal Creator Program supports third-party developers in monetizing their content.

The business model is a hybrid free-to-play consumer platform monetized through three primary streams: (1) ZEM virtual currency sales — users buy ZEM bundles, often via Auto Recharge, to purchase avatar items, world features, and premium content; (2) direct in-app purchases of virtual goods using ZEM; and (3) brand and IP licensing partnerships, where entertainment IP holders (notably BT21 from LINE x BTS) pay for co-branded virtual worlds. Go-to-market is product-led: organic mobile-app-store downloads funnel users into self-serve onboarding, while community-generated content and creator word-of-mouth drive virality. A dedicated brand partnership portal (brands.zepeto.me) handles B2B sales for enterprise IP partners. Customer segments split between general consumers (primary, social/entertainment use), content creators (primary, world-building/monetization), and brand/IP partners (secondary, fan engagement).

Strategic positioning is anchored by NAVER Z Corp.'s parentage, which provides technology infrastructure, brand credibility, and integration with Naver's broader Korean internet ecosystem. The competitive differentiation rests on a combination of avatar-customization depth, a thriving UGC creator ecosystem, flagship K-pop IP partnerships, and global mobile distribution. Engagement scale signals are meaningful — multiple worlds have crossed 100K visitors, with The Penthouse at 322.4K and Mountain Cabin at 208.9K — though the company is private, with no disclosed revenue, headcount, funding, or valuation figures, limiting external financial visibility.

Name

ZEPETO

Legal name

NAVER Z Corp.

Website

https://zepeto.me

Company type

Private

Founded year

2018

Operating status

Operating

Short description

ZEPETO is a mobile-first 3D avatar social metaverse platform operated by NAVER Z Corp., enabling consumers to create avatars, explore user-generated virtual worlds, and engage with branded IP experiences like BT21 K-pop content.

Ownership category

akta.pro rank

Product category

Social Metaverse / Avatar-Based Virtual World Platform

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162)

akta.pro primary industry

Metaverse & Social Virtual Worlds (BPAMAKAF)

akta.pro secondary industries

Creator & Streamer Platforms (Live & VOD for Game Content) (MPAFAEAA), Creator Commerce & Affiliate Monetization Platforms (MPACAFAF)

Keywords

• Social metaverse platform
• 3d avatar creation
• Virtual world experiences
• Creator studio tools
• Virtual live streaming

Headquarters

HQ city

Seongnam

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Virtual Currency (ZEM) Sales: Users purchase ZEM virtual currency to buy avatar customization items, world features, and premium content within the platform. The platform offers Auto Recharge for seamless purchasing.
2. In-App Purchases: Direct purchases of virtual goods, avatar items, and premium features using ZEM currency.
3. Brand Partnerships and Branded Worlds: ZEPETO partners with brands and IP holders (such as BT21 K-pop characters) to create co-branded virtual worlds and experiences, generating revenue through partnership deals.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

ZEPETO is a mobile-first 3D avatar-based social metaverse platform where users create personalized avatars and explore thousands of user-generated and officially curated virtual worlds, including social spaces, mini-games, and themed experiences. The platform supports a creator economy through ZEPETO Studio tools and the Creator Program, allowing users to build, publish, and monetize their own virtual worlds. Monetization is driven by ZEM virtual currency purchases for avatar items and premium content, supplemented by branded world partnerships with K-pop IP holders such as BT21.

Product overview

ZEPETO is a 3D avatar-based social and entertainment platform operated by NAVER Z Corp. The platform consists of ZEPETO World (the core virtual world experience), ZEPETO LIVE (real-time streaming/social feature), and ZEPETO Studio (creator tools for building custom worlds). Users access the platform via mobile app and web, create personalized 3D avatars, and engage with a vast library of user-generated and officially curated worlds and mini-games spanning fashion, social hangouts, party experiences, horror, and various themed environments.

Differentiator

Problem solved

Functional benefit

Brands

• ZEPETO World: Virtual world platform for avatar exploration and social experiences
• ZEPETO LIVE
• ZEPETO Studio

Products and services

• ZEPETO World

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• NAVER Z CorpcoreStrategic or Co-development PartnerNAVER Z Corp is the parent company and developer of ZEPETO. Naver Corporation is South Korea's dominant internet portal and search engine. ZEPETO operates as a subsidiary under NAVER Z Corp, with integrated access to Naver's broader technology ecosystem and user base.
• BT21flagshipStrategic or Co-development PartnerBT21 is a K-pop character brand created by LINE Corporation in collaboration with BTS. ZEPETO has partnered with BT21 to create branded virtual worlds including 'BT21 Theme Park' and 'BT21 ZEPETO Park (night)'. These partnerships bring K-pop fan engagement to the platform and demonstrate ZEPETO's ability to host major entertainment IP.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Roblox Corporation: Roblox is the leading UGC social gaming/metaverse platform with avatar-based experiences, creator monetization via Robux, and brand partnerships. Direct competitor to ZEPETO in the mobile/desktop avatar-metaverse space targeting Gen Z.
• Epic Games (Fortnite): Fortnite has evolved into a social metaverse with UGC islands, avatar customization, branded in-game events (Travis Scott, Ariana Grande), and creator economy via Unreal/UEFN. Directly comparable to ZEPETO's social-world, brand-IP, and creator-monetization model.
• Rec Room: Rec Room is a cross-platform avatar-based social/metaverse app with UGC rooms, creator tools, and brand partnerships. Targets the same Gen Z social-UGC niche as ZEPETO with similar mobile-first distribution.
• VRChat: VRChat is an avatar-based social virtual world with strong UGC culture and creator tooling. While more VR-focused, it competes for the same avatar-driven social-world audience and creator community as ZEPETO.
• IMVU: IMVU is an avatar-based 3D social platform with virtual goods, creator economy, and in-app currency (credits). Closely comparable to ZEPETO in terms of avatar customization, virtual currency transactions, and UGC rooms.
• Linden Lab (Second Life): Second Life pioneered avatar-based social virtual worlds with UGC content and a creator economy. Comparable to ZEPETO as an established avatar-UGC social metaverse, though desktop-only and older demographic.

Broad incumbents

• Meta Horizon Worlds: Meta's avatar-based social metaverse platform backed by Meta's massive resources. Competes with ZEPETO for the same social-metaverse mindshare but operates within a much broader VR/social portfolio.
• Snap Inc. Snap operates Bitmoji-based avatar identity, AR lenses, and a creator economy. Comparable as a broader social/avatar incumbent competing for Gen Z attention and digital-goods monetization.

Emerging players

• The Sandbox: The Sandbox is a UGC virtual world with avatar-based experiences, brand partnerships (Snoop Dogg, Adidas), and a creator economy. Comparable to ZEPETO in UGC + brand-IP model, though more Web3/crypto-native.

Others

• Naver Corporation (parent): Naver is ZEPETO's ultimate parent and provides distribution, technology infrastructure, and ecosystem integration. Not a competitor but a strategic enabler and potential cross-platform identity/commerce partner for ZEPETO.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/naver-z/jobs
• Xx.com/zepeto_kr

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZEPETO