KUALA LUMPUR, Dec 24 (Bernama) – Two member companies of Seoul Global Startup Center (Seoul GSC) – CID AUTO and Momentous – are expanding their businesses globally.
Seoul GSC helps foreign residents in Korea start businesses in Seoul by offering working space, step-by-step consulting and mentoring services, according to a statement.
From September to November, CID AUTO participated in Innovation Factory in Jakarta, Indonesia and gained a foothold to discuss the setting up a joint venture with IndoMobil, an automotive business affiliate of Salim Group in Indonesia.
Both will collaborate for Shuka TV service, a video commerce platform for used cars. CID AUTO also plans to launch a car wash business in Indonesia early next year through partnership with local businesses.
Meanwhile, Momentous is in talks with Korean and US companies to conclude contracts to provide its mindfulness social networking service, ‘Just Thank You’, after participating in Silicon Valley Accelerating Program in the autumn of 2018.
Just Thank You is to track and share happiness and is also a platform to support workers’ mental wellness and foster a positive corporate culture.
Momentous tweaked the direction of its B2B solution through Silicon Valley Accelerating Program before launching the service and four months later, it signed contracts with Korean companies.
The B2C version of Just Thank You is available by downloading it from Apple App Store and Google Play. It will be featured in the App Store on Jan 1, 2019.
-- BERNAMA
-- BERNAMA
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