Democratic Party of Korea
The Democratic Party of Korea is South Korea's majority ruling political party under President Lee Jae-myung, serving approximately 5 million registered members and the broader electorate through 17 nationwide chapters, a digital engagement platform (theminjoo.kr), and legislative governance via the National Assembly.
- Company typePrivate
- Founded2015
- HeadquartersSeoul, South Korea
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Democratic Party of Korea does
The Democratic Party of Korea (더불어민주당) is a registered South Korean political party founded under its current name on December 28, 2015, with lineage tracing to the original Democratic Party established on September 18, 1955. Headquartered in Seoul's Yeongdeungpo-gu district, the party operates as the majority ruling party of South Korea under President Lee Jae-myung (이재명), who was elected as the 21st President on June 3, 2025, and holds the largest number of seats in the 22nd National Assembly. The party serves approximately 5 million registered members and the broader South Korean electorate, organized through 17 provincial and metropolitan city chapters spanning the entire country from Seoul to Jeju, plus hundreds of constituency offices.
Its core offerings are political representation and governance delivery rather than commercial products. Underlying technology consists of a digital platform ecosystem centered on theminjoo.kr, including a self-serve membership portal (membership.theminjoo.kr) for registration, dues, and certificate issuance; the Petitions Center (민주응답센터); the Citizen Reports Center (민주파출소) for civic reporting and misinformation flagging; the Democratic e-Academy (민주e아카데미) for political education; and the Blue Wave (블루웨이브) youth engagement platform, supported by owned social channels on YouTube, Facebook, X, Instagram, Naver Blog, and Kakao.
The business model derives revenue from three streams: recurring annual party membership dues (당비), state political funds (정치자금) allocated under South Korean political finance law, and regulated individual and corporate donations. The party employs between 1,001 and 5,000 staff and delivers its core "product" — progressive policy outcomes and political representation — through National Assembly legislative action, executive branch governance under President Lee Jae-myung, and grassroots mobilization across its nationwide chapter network.
Democratic Party of Korea firmographics
Firmographics- Name
- Democratic Party of Korea
- Legal name
- Democratic Party of Korea (工商银标民主党)
- Website
- https://theminjoo.kr
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- The Democratic Party of Korea is South Korea's majority ruling political party under President Lee Jae-myung, serving approximately 5 million registered members and the broader electorate through 17 nationwide chapters, a digital engagement platform (theminjoo.kr), and legislative governance via the National Assembly.
- Ownership category
- akta.pro rank
Democratic Party of Korea industry classification
Industry- Product category
- Political Party
- NAICS
- Political Organizations (813940), Legislative Bodies (921120), Legislative Bodies (92112), Executive, Legislative, and Other General Government Support (921), Social Advocacy Organizations (8133), Business, Professional, Labor, Political, and Similar Organizations (8139), Public Administration (92)
- akta.pro primary industry
- Democracy, Voting Rights & Civic Participation Advocacy (BPAGAFAJ)
- akta.pro secondary industries
- State Legislature/Regional Assembly Administration (BPAIABAB), Electoral Support & Election Observation (BPADAGAA), Digital Inclusion & Civic Tech (Connectivity, GovTech for Social Good) (BPAGALAK), Civic, Citizenship & Community Engagement Education (EDAAAEAI), Political & Public Affairs Channels (MPABAIAC), Democratic Governance & Public Administration Reform (BPADAGAJ)
Keywords
Where Democratic Party of Korea is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices18 records
Markets served
Democratic Party of Korea business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Party membership dues: Party members pay annual membership dues (당비). Receipt issuance is managed through the party's digital platform (theminjoo.kr/membership).
- State political fund (정치자금): The party receives state political funds (정치자금) allocated in accordance with South Korean political finance laws. The party publishes quarterly financial statements including total assets and income/expenditure reports.
- Donations and contributions: Individual and corporate donations received in compliance with political fund regulations. The party runs fundraising campaigns and receives contributions from supporters.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Annual party membership fee (당비) |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels12 records
Democratic Party of Korea product offering
Product offeringCore offering
The Democratic Party of Korea is a political organization that fields candidates for public office, develops and advocates progressive policy positions, governs through National Assembly representation and executive branch leadership, and engages citizens through digital participation platforms. It serves approximately 5 million registered members and the broader South Korean electorate through membership services, policy advocacy, and governance participation.
Product overview
The Democratic Party of Korea operates a unified digital platform centered on its official website (theminjoo.kr) which serves as the primary hub for party communications, news, and member services. The platform ecosystem includes specialized sub-products: 민주응답센터 for citizen petitions, 민주파출소 for misinformation reporting, 민주 e아카데미 for member education and training, and 블루웨이브 for youth engagement. A dedicated membership portal handles party member registration, dues, and administrative services. These products collectively serve the party's digital engagement strategy with citizens and party members.
Differentiator
Problem solved
Functional benefit
Products and services
- Official Website (theminjoo.kr) Central digital hub for the Democratic Party of Korea providing party news, press releases, policy briefings, member registration, petition submission, and organizational information across 17 regional chapters.
- Party Membership Portal (당원 Membership Portal) Online portal for party members to manage all aspects of membership including new member registration (입당신청), re-registration (복당신청), withdrawal (탈당신청), transfer requests (전적신청), membership information changes (당원정보 변경), education certificate issuance (교육이수증 출력), and annual fee receipt issuance (당비영수증 발급).
- Democratic Response Center (민주응답센터) Petition platform allowing citizens to submit petitions and grievances to the party for policy consideration.
- Democratic Report Office (민주파출소) Citizen reporting center for reporting misinformation, fake news, and defamation related to the party or government policies, handling fake news reporting, petition intake, and government accountability monitoring.
- Democratic e-Academy (민주e아카데미) Online education platform for party members providing political education programs, training, educational content, and seminars.
- Blue Wave (블루웨이브) Youth organization and digital mobilization initiative of the Democratic Party focused on engaging young people in political participation and activism.
Quantifiable outcome
- The party successfully supported candidate Lee Jae-myung (이재명) to win the June 3, 2026 presidential election, making the Democratic Party the governing party.
- +1 more outcomes
Companies that use Democratic Party of Korea
Customer profileSegments2 records
Ideal customer profiles2 records
Democratic Party of Korea technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Democratic Party of Korea partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor.
- Progressive Party (진보당)minorA minor opposition party with which the Democratic Party occasionally cooperates on specific legislative matters. Mentioned in the context of joint efforts on the Homeplus (홈플러스) crisis resolution, calling for collaborative parliamentary oversight.
- Jung-guk Innovation Party (조국혁신당)minorA minor opposition party. Mentioned in the context of joint efforts on the Homeplus (홈플러스) crisis resolution and parliamentary oversight cooperation.
- Basic Income Party (기본소득당)minorA minor opposition party. Mentioned as part of the '야 4당' (four opposition parties including Democrats, Progressives, Innovation, and Basic Income) that collectively engaged on the Homeplus parliamentary hearing initiative.
- Social Democratic Party (사회民主党)minorA minor opposition party. Mentioned as part of the '야 4당' (four opposition parties) that collectively engaged on the Homeplus parliamentary hearing initiative, collaborating across party lines on matters of national livelihood concern.
- MBK Partners / MBKminorMBK is the controlling shareholder of Homeplus. The Democratic Party, through its Euljiro Committee (을지로위원회), has been engaged in ongoing disputes and oversight efforts regarding MBK's management of Homeplus, which led to the company's crisis and is the subject of a parliamentary hearing investigation.
- Meritz Financial Group (메리츠 금융그룹)minorMeritz Financial Group is the largest creditor of Homeplus. The Democratic Party's Euljiro Committee has engaged with Meritz regarding its role in the Homeplus crisis, urging the company to provide emergency liquidity support (2,000 billion KRW loan) and fulfill its social responsibilities.
- Korean Federation of Trade Unions (民主노총)minorThe party maintains historical ties with the Korean Confederation of Trade Unions ( 민주노총), which was legalized under President Kim Dae-jung's administration in 1999. The party's Labor Committee (전국노동위원회) coordinates with trade unions on labor policy and workers' rights.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Democratic Party of Korea competitors and assessment
Company assessmentRegional players
- Reform Party (개혁신당): A South Korean conservative breakaway party that nonetheless contests the same National Assembly elections. Comparable as a regional competitor splitting the center-right vote and affecting the Democratic Party's electoral arithmetic.
- Democratic Party for the People (国民民主党, Japan): A Japanese centrist/center-left party with overlapping policy orientation toward social welfare and economic security. Comparable as a regional counterpart party in a neighboring democracy navigating similar East Asian political dynamics.
- Constitutional Democratic Party of Japan (立憲民主党): Japan's main center-left opposition party, ideologically aligned with the Democratic Party of Korea's progressive tradition. Comparable as a similarly positioned opposition/ruling party in a neighboring East Asian democracy facing similar demographic and economic policy challenges.
Emerging players
- Jung-guk Innovation Party (조국혁신당): A newer Korean opposition party founded around political figure Cho Kuk, frequently cooperating with the Democratic Party in the '야 4당' (four-opposition-party) alliance on parliamentary oversight such as the Homeplus hearings. Comparable as a smaller progressive-aligned party contesting the same voter base.
- Social Democratic Party (사회민주당): A minor social-democratic Korean party cooperating with the Democratic Party on cross-party livelihood and oversight matters. Comparable as a small ideologically-adjacent Korean party competing for similar progressive voters.
- Progressive Party (진보당): A minor progressive Korean party that occasionally cooperates with the Democratic Party on specific legislative initiatives such as Homeplus crisis oversight. Comparable as a niche progressive player sharing voter segments and policy direction.
- Basic Income Party (기본소득당): A minor Korean party focused on universal basic income, part of the '야 4당' opposition alliance with the Democratic Party on specific livelihood issues. Comparable as a small progressive party with overlapping voter constituencies.
Others
- UK Labour Party: A major Western center-left/social-democratic party that shares ideological orientation with the Democratic Party of Korea. Comparable thematically as a similarly-positioned progressive party navigating welfare-state politics, though operating in a very different electoral system.
- Social Democratic Party of Germany (SPD): Germany's main center-left party with a long history of progressive policy delivery. Comparable thematically as a major social-democratic party with parallel policy emphases on social welfare, labor rights, and economic democracy, though operating in a parliamentary system with proportional representation.
Direct peers
- People Power Party (국민의힘): The main center-right rival to the Democratic Party in South Korea, contesting the same National Assembly and presidential elections. Directly comparable as the other major party in Korea's two-party dominant system, currently the largest opposition bloc boycotting Assembly proceedings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Democratic Party of Korea social profiles
Digital presenceDemocratic Party of Korea financial estimates
Financial estimateRevenue estimate
Valuation estimate
Democratic Party of Korea leadership team
Management profileNumber of profiles
Profiles8 records
Democratic Party of Korea subsidiaries and ownership
Company hierarchySubsidiaries12 records
Democratic Party of Korea funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Democratic Party of Korea M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Democratic Party of Korea
What does Democratic Party of Korea do?
The Democratic Party of Korea is a political organization that fields candidates for public office, develops and advocates progressive policy positions, governs through National Assembly representation and executive branch leadership, and engages citizens through digital participation platforms. It serves approximately 5 million registered members and the broader South Korean electorate through membership services, policy advocacy, and governance participation.
Is Democratic Party of Korea a public or private company?
Democratic Party of Korea is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Democratic Party of Korea founded?
Democratic Party of Korea was founded in 2015. It employs 1,001 to 5,000 people.
Where is Democratic Party of Korea based?
Democratic Party of Korea is headquartered in Seoul, South Korea, in the Asia region.
How does Democratic Party of Korea make money?
Three revenue lines are on record. Party membership dues are the primary driver. The others are state political fund (정치자금) and donations and contributions.
Who are Democratic Party of Korea's main competitors?
Regional players on record are Reform Party (개혁신당), Democratic Party for the People (国民民主党, Japan) and Constitutional Democratic Party of Japan (立憲民主党). Emerging players are Jung-guk Innovation Party (조국혁신당), Social Democratic Party (사회민주당), Progressive Party (진보당) and Basic Income Party (기본소득당). Others are UK Labour Party and Social Democratic Party of Germany (SPD). People Power Party (국민의힘) is listed as a direct peer.
Does Democratic Party of Korea have an API?
No public API is recorded for Democratic Party of Korea.
What industry is Democratic Party of Korea in?
Democratic Party of Korea's product category is Political Party. Its primary akta.pro industry code is BPAGAFAJ, Democracy, Voting Rights & Civic Participation Advocacy, with a secondary code of BPAIABAB, State Legislature/Regional Assembly Administration. Its NAICS code is 813940.