Shinsegae

Better Foods, Subsidiary of Shinsegae Food for Plant-based Products, Attracts Investment from Cleveland Avenue

Retrieved on: 
Thursday, January 11, 2024

Better Foods , Shinsegae Food’s (KRX: 031440) subsidiary specializing in plant-based products, announced investment attraction from Cleveland Avenue, a U.S. venture capital.

Key Points: 
  • Better Foods , Shinsegae Food’s (KRX: 031440) subsidiary specializing in plant-based products, announced investment attraction from Cleveland Avenue, a U.S. venture capital.
  • View the full release here: https://www.businesswire.com/news/home/20240111633048/en/
    Better Foods and Shinsegae Food CEO Song Hyun-suk (left) and Cleveland Avenue Founder & CEO Don Thompson are taking photos after signing the investment agreement at the head office of Shinsegae Food in Seongsu-dong, Seoul.
  • In particular, Cleveland Avenue positively evaluated the steady business growth achieved by Shinsegae Food, the parent company of Better Foods, through the application of meat substitutes in various fields including food manufacturing, bakery, meal service, and restaurant business.
  • In addition to monetary investment, Cleveland Avenue also agreed to actively cooperate with Better Foods for its global market entry as a strategic investor.

Artue Presents ThankYouX - Odyssey, the First Solo Show of ThankYouX in Korea

Retrieved on: 
Monday, August 28, 2023

ThankYouX, who began his artistic journey in street art, has emerged as one of the most in-demand contemporary leaders of Web 3.0 art today.

Key Points: 
  • ThankYouX, who began his artistic journey in street art, has emerged as one of the most in-demand contemporary leaders of Web 3.0 art today.
  • Throughout his artistic exploration, he has focused on the process of creating changes through the merging of traditional art and digital elements.
  • In State of the Art, ThankYouX reimagined the use of blockchain technology as a creative medium rather than just a simple tool for distribution.
  • Artue is thrilled to welcome the artist of such groundbreaking work for his very first showcase of work in Korea, ThankYouX - Odyssey.

Korea's representative blockchain-based loyalty integration platform MiL.K, unlocks Indonesia market with GetPlus, a leading coalition loyalty program

Retrieved on: 
Monday, March 13, 2023

Through the press conference held in Jakarta, Indonesia on 13th Mar 2023, Milk Partners announced that it has signed a strategic partnership with the Indonesian loyalty point integration platform 'GetPlus' to provide point exchange service in Indonesia.

Key Points: 
  • Through the press conference held in Jakarta, Indonesia on 13th Mar 2023, Milk Partners announced that it has signed a strategic partnership with the Indonesian loyalty point integration platform 'GetPlus' to provide point exchange service in Indonesia.
  • The GetPlus coalition loyalty program is focused on everyday shopping categories where members can earn reward points daily and make redemptions often.
  • Through this partnership, Milk Partners aim to acquire new Indonesian users and reinforce the brand awareness of MiL.k as the representative global loyalty integration platform.
  • Meanwhile, Milk Partners, which operates the blockchain-based loyalty integration platform MiL.k, has been actively expanding its ecosystem into the Southeast Asian market since last year.

Blockchain-based loyalty platform, MiL.k, joins Rewards 2 No End campaign by Southeast Asia's leading fintech player, Boost, to accelerate its global expansion in Malaysia

Retrieved on: 
Monday, January 9, 2023

Blockchain-based rewards integration platform, MiL.k has accelerated its global expansion in Malaysia through Southeast Asia's leading fintech player, Boost.

Key Points: 
  • Blockchain-based rewards integration platform, MiL.k has accelerated its global expansion in Malaysia through Southeast Asia's leading fintech player, Boost.
  • Boost is the full spectrum fintech arm of Axiata, which its all-in-one fintech app has over 10 million users.
  • MiL.k will collaborate with Boost by joining 'Boost's Rewards 2 No End' campaign that offers Malaysian users exclusive prizes and offers.
  • MiL.k is collaborating with Boost by joining the 'Boost Rewards 2 No End campaign' that offers Malaysian users exclusive prizes and offers.

MiL.k launched its first global point exchange service with airasia

Retrieved on: 
Monday, December 19, 2022

SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ -- On Dec 12th, Milk Partners officially launched its first global point exchange service with airasia rewards.

Key Points: 
  • SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ -- On Dec 12th, Milk Partners officially launched its first global point exchange service with airasia rewards.
  • With the launch, the No.1 ASEAN loyalty program, airasia rewards  is available on the MiL.k app for users to exchange airasia points with Milk Coin.
  • The launch of point exchange service with airasia rewards  has significant meanings for MiL.k.
  • Vice versa, users of airasia can exchange their airasia points with Milk Coin and utilize it in Korea.

Blockchain-based loyalty platform MiL.k signed a partnership contract with airasia rewards, starting its global expansion in SEA

Retrieved on: 
Tuesday, September 20, 2022

SEOUL, South Korea, Sept. 20, 2022 /PRNewswire/ -- Milk Partners (CEO Jayden Jo), which operates the blockchain-based loyalty platform "MiL.k," announced on the 20th that the company has signed a contract focused on point integration with BIGLIFE, which operates and manages the airasia rewards program.

Key Points: 
  • - Through the partnership, airasia Super App with 51 million users across Asia is participating in the MiL.k Alliance.
  • Through this partnership, the two companies plan to integrate the airasia rewards programme with MiL.k platform and its token, Milk Coin (MLK).
  • Airasia points from airasia rewards, the airasia Super App's customer reward benefit, is used to purchase various services and products on the platform.
  • Milk Partners CEO Jayden Jo said, "The partnership with airasia Super App is one of our remarkable accomplishments of global expansion.

South Korea Loyalty Programs Market Report 2022-2026 - Government is Boosting Consumer Spending Through Cashback Reward Programs

Retrieved on: 
Tuesday, May 17, 2022

In value terms, the Loyalty Programs Market in South Korea has recorded a CAGR of 12.5% during 2017-2021.

Key Points: 
  • In value terms, the Loyalty Programs Market in South Korea has recorded a CAGR of 12.5% during 2017-2021.
  • The Loyalty Programs Market in South Korea will continue to grow over the forecast period and is expected to record a CAGR of 11.4% during 2022-2026.
  • In South Korea, Dodo Point, the loyalty platform of South Korean startup Spoqa, is one of the leading players in the loyalty and rewards programs industry.
  • South Korea Loyalty Spend Market Size and Future Growth Dynamics by Key Performance Indicators, 2017-2026
    South Korea Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains, 2017-2026
    South Korea Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type, 2017-2026

South Korea Loyalty Programs Market Report 2022: Market is Expected to Grow by 12% to Reach $6307.7 Million in 2022 - Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 12, 2022

In value terms, the Loyalty Programs Market in South Korea has recorded a CAGR of 12.5% during 2017-2021.

Key Points: 
  • In value terms, the Loyalty Programs Market in South Korea has recorded a CAGR of 12.5% during 2017-2021.
  • The Loyalty Programs Market in South Korea will continue to grow over the forecast period and is expected to record a CAGR of 11.4% during 2022-2026.
  • Loyalty Programs Market in the country will increase from US$ 5631.6 million in 2021 to reach US$ 9703.7 million by 2026.
  • In South Korea, Dodo Point, the loyalty platform of South Korean startup Spoqa, is one of the leading players in the loyalty and rewards programs industry.

Korea's representative rewards integration platform, MiL.k achieved over 1million users on its 2nd Anniversary!

Retrieved on: 
Tuesday, May 10, 2022

Following Yanolja (No.1 OTA in Korea), and Shinsegae Duty-Free (DF brand of retail giant Shinsegae Group), market leading brands such as CU (No.

Key Points: 
  • Following Yanolja (No.1 OTA in Korea), and Shinsegae Duty-Free (DF brand of retail giant Shinsegae Group), market leading brands such as CU (No.
  • As the MiL.k Alliance continues to expand, the usability of points is gaining new prestige.
  • In addition, affiliate marketing actively promoted with CU, Interpark, and Megabox also drove the growth of MiL.k.
  • Partnership discussions are underway between Milk Partners and major companies in Southeast Asia, and major announcements will be disclosed within this year.

The Vitamin Shoppe® Launches in South Korea with E-commerce Site and Online Marketplaces

Retrieved on: 
Monday, August 2, 2021

SECAUCUS, N.J., Aug. 2, 2021 /PRNewswire/ -- The Vitamin Shoppe®, an omni-channel specialty retailer of nutritional products, today announced its expansion into South Korea with the launch of www.vitaminshoppe.kr, a directly-owned and operated e-commerce business. South Korean consumers can now easily access an extensive array of The Vitamin Shoppe's trusted health and wellness products, delivered directly from the United States, with door-to-door shipping in three days on average to anywhere in South Korea.

Key Points: 
  • Additionally, The Vitamin Shoppe has launched branded digital storefronts on 20 leading online marketplaces in South Korea, including 11st, Auction, Coupang, Domeggook, G9, Gmarket, Interpark, Lotte, Naver, Qoo10, Shinsegae, Smelchi, and more.
  • Sharon Leite, CEO of The Vitamin Shoppe, commented: "South Korea is one of the largest e-commerce markets in the world serving a digitally-savvy population, which aligns perfectly with our online launch strategy.
  • We look forward to adding brands, products, and services in South Korea as The Vitamin Shoppe continues to grow its international footprint in new growth markets."
  • Currently available in South Korea are The Vitamin Shoppe's proprietary brands, including The Vitamin Shoppe, Vthrive The Vitamin Shoppe, BodyTech, BodyTech Elite, fitfactor Weight Management System, fitfactor KETO, plnt, ProBioCare, and True Athlete.