Kmong Signs Business Agreement with Eduwill to Support Development and Content Production

Expert Support Needed for Edutech Solution Development... Annual Contract Worth 500 Million KRW

[Asia Economy Reporter Kim Cheol-hyun] Kmong, a freelance market operated by CEO Park Hyun-ho, announced on the 27th that it has signed a memorandum of understanding (MOU) with comprehensive education company Eduwill (CEO Lee Jung-hyun) to support experts in areas such as edutech solution development and video content production.

This MOU is a contract worth a total of 500 million KRW annually between Kmong's business-to-business (B2B) service, 'Kmong Enterprise,' and Eduwill. Through this contract, Eduwill plans to develop services and secure content by utilizing experts in IT development, video production, and other fields available on Kmong.

Kmong Enterprise is a B2B service supporting corporate outsourcing on the freelance market Kmong, currently used by various clients including NCSoft and Samsung Electronics. It not only connects verified experts in each field according to the needs of companies but also provides a service that completes all processes from meetings, contracts, to payments within 48 hours.

Since its launch in 2019, Kmong Enterprise has been growing at an average annual rate of over 200% based on transaction volume. Last year alone, more than 500 corporate clients used the service, surpassing 1,500 cumulative transactions, with large corporations accounting for 15% of the clients.

Kim Tae-heon, Vice CEO of Kmong, said, "High satisfaction with the service leads to repurchases, and the number of customers repurchasing dozens of services annually is steadily increasing. We also have various contract and payment processes tailored to customer needs, which is a strength as it allows clients to use the service conveniently and safely."