Official Press Release
ELSOL Company signs MOU with Mr. Koala to expand its operation in the Chinese market and welcomes Jean-Baptiste Decorzent, former Alliance & Strategic Partnership Manager at Toda.Network, as a new advisor
South Korea – December, 2018 — ELSOL Company, the leading brand publishing firm in South Korea, announces a signed MOU with Mr. Koala, the O2O company owner of over 400,000 malls in China, to expand ELSOL operation in the region. In addition, Jean-Baptiste Decorzent, the former Alliance & Strategic Partnership Manager at Toda.Network, is also joining the team as an advisor for its blockchain-based platform, Infleum.
In October 2017 Beijing and Seoul announced their shared desire to put their relationship back on the right track. Following this historical announcement, ELSOL and Mr. Koala make good on this promise in announcing their MOU taking a step forward for both Chinese and South Korean relations. With the MOU, ELSOL and Mr. Koala agreed to establish a joint venture in China and to co-invest in technological development. In addition, the two parties will provide mutual business consulting services and on-and-offline marketing support such as connecting and providing local resources for each other’s market entry.
“We’re very excited to work alongside Mr. Koala,” says Joon-ho Choi, Founder and CEO of ELSOMCOM and INFLEUM. “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.”
“We’re looking forward to our expansion across South Korea,” says Wang Jiameng, Director of Operations at Mr. Koala. “Technological development, especially around blockchain, is significant in the region and we are certain that working with ELSOL Company will accelerate Mr. Koala’s entrance into the chinese market.”
ELSOL Company is excited to introduce its newest advisor to INFLEUM, Jean-Baptiste Decorzent, the former Alliance & Strategic Partnership Manager of Toda.Network. Decorzent is a creative thinker with 18 years of experience in leading key initiatives for global entities, ranging from startups to government-related international organizations.
“I’m excited to take part in creating a reliable and successful global blockchain platform together with Infleum team,” said Jean-Baptiste Decorzent. Jean-Baptiste will give professional advice on INFLEUM project based on his experiences in ICT/mobile telecom, humanitarian development, strategic planning, digital financial inclusion, and blockchain.
About ELSOL Company:
ELSOL Company is a well-established brand publishing agency that helps small brands realize their potential and become active businesses. The platform combines planning, design, distribution, and marketing into a single process that generates almost immediate profit.
About Mr. Koala:
Founded in 2014, Mr. Koala is an O2O company with the largest mobile payment service in China’s Huanan prefecture. The company has established its own smart store integration platform and plans to integrate 46 million physical stores across the country with 600 entrepreneurs to jointly build the next trillion-level enterprise alliance. The current valuation has exceeded 1 billion and successfully attracted investment of more than 200 million yuan.
Phoenix Choi, CEO & Co-Founder
‘AJ’ An Joon, COO & Co-Founder
Seungwook Noh, CMO & Co-Founder