ELSOL and Mr. Koala signed MoU for technology development in China and South Korea

One of the top brand publishing company, ELSOL Company has signed the Memorandum of Understanding (MOU) with O2O Company, Mr. Koala to increase operations in China.

In the press release, the company confirmed that there is an addition of a new member in the group. The new member is Toda Network’s former Alliance & Strategic Partnership Manager, Jean-Baptiste Decorzent. He is joining the team as an advisor for the firm’s blockchain based platform, Infleum.

Decorzent said,

“I’m excited to take part in creating a reliable and successful global blockchain platform together with Infleum team.”

In Oct last year, the capital of China – Beijing, and the capital of South Korea – Seoul declared their mutual wish to return their relationship progressing nicely. ELSOL and Mr. Koala are trying to fulfill both country’s desire by signing MoU and taking the relationship between China and South Korea to the next level.

According to the press report, both companies, ELSOL, and Mr. Koala are consented to co-invest and build up a joint venture for the development of new technologies in the country. Also, both companies will support each other by providing mutual business consulting services and on-and-offline marketing support.  As per the official announcement,

Joon-ho Choi, Founder, and CEO of ELSOMCOM and INFLEUM said,

“We’re very excited to work alongside Mr. Koala. With the MOU, we promise to build an on-and-offline marketing system between Korea and China. ELSOLCOM’s successful online marketing practice in Korea will come together with Mr. Koala’s established offline foundation in China, to help both companies grow immensely in one other’s countries.”

Wang Jiameng, Director of Operations at Mr. Koala, said that the Technological advancement around the blockchain is noteworthy and with this collaboration, the organization is expecting the company’s development crosswise over South Korea as well as a quick entry in the Chinese market.

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