Seo Jeong Yeon and Jeon Jae Young, co-founders of Joogeun Ho, a Seoul-based ecommerce startup, will join forces with Reno Seo Company, a Singapore-based media and digital media startup, to launch Jeonjong, a new media platform that aims to serve the needs of the Korean-speaking world.
Joojoong will offer a new way for Korean-language news outlets and broadcasters to share their stories.
“We believe that Korea is a place where our business will be strong and expand and be a strong player in the global ecommerce industry,” Seo said in a statement.
“Our goal is to bring the best of digital media to the Korean community, and Jeons goal is also to provide a platform for Korean media in the region.
We look forward to working together.”
In June, Jeons co-founder and chief executive officer, Seo Jae Young and his co-founded startup launched Jeon Jong Seo, an online marketplace that will connect Korean-based business owners to their customers.
Joonjong is the third of Jeonjoong’s three co-branded companies.
The first two companies, Jeonjeong and Jeontoong, are also owned by the same parent company, Joojeon.
In the company’s statement, Seos co-CEO and co-Founder said, “Jeonjoongs purpose is to help Korean-origin businesses reach new audiences by connecting them with people in the Korean language community, especially those who may not speak Korean or may not understand the language in their native language.
JeonJong will enable Korean-owned businesses to build a stronger online presence.”
The launch of Jeons third co-brand, Jeoonjong is a direct response to Joojong’s success and is an extension of the co-bidding platform’s growth strategy.
The co-names are part of Jeontong, which was launched in October 2018.
In February, the two companies partnered to form Jeonju, a digital media and entertainment platform that will allow Korean-led businesses to reach a global audience by connecting with users in other languages.
The company will also offer the ability to monetize its services in Korean.
The launch is a result of a joint partnership with Jooju, and both companies believe that Jeonjong will be a great partner for Jooji.
Jeons mission is to build new business opportunities in Korean and promote Korean culture, the company said in the statement.
A native of the South Korean city of Gyeonggi, Jeong was born in 1997.
He has been an entrepreneur in South Korea and in Singapore since 2013.
Jeong graduated from the University of Southern California and the University at Albany.
He worked at the U.S. Agency for International Development (USAID) for a year before joining the US Embassy Singapore in January 2018.
He is the founder and chief operating officer of Jeonseo, a social enterprise that is owned by Jeonji, and he also works for a local startup, Myeongbuk-dong.
He joined Reno in 2016 as its first global executive officer.
In a statement released on Monday, Reno said it is “extremely proud” to be collaborating with Jeonja.
“As a brand, JeONJONG is the most prominent Korean company in the ecommerce market.
We see this partnership as a powerful endorsement of the brand and its unique and unique capabilities.
We’re eager to collaborate with JeONJA on further growth and development,” said Reno.
The news comes just a week after the launch of the first-ever Jeonbukbuk, a joint venture between Reno and Jeonseon.
Reno is currently expanding its presence in Korea with a new retail concept called Jeonseom and plans to launch a full line of Jeoonbuks next year.