Bureung Moves Headquarters to hy Building... A New Leap Forward 'Bureung~'

Company Stabilization Complete
Full-Scale New Start

Vroong (co-CEOs Hyungseol Kim and Yunseo Chae) announced on the 26th that it has completed the relocation of its headquarters to the hy Building located in Jamwon-dong, Seocho-gu, Seoul. The new Vroong office features a balanced arrangement of collaborative spaces within a focused work environment to facilitate smooth communication.

In June, Vroong transitioned to a co-CEO system with Hyungseol Kim and Yunseo Chae and changed its company name from Mesh Korea to Vroong, followed by continuous efforts to stabilize its organization and business. As a result, it successfully strengthened its motorcycle real-time delivery business in the first half of the year and improved its financial structure by optimizing headquarters costs, reducing the deficit by more than 80% compared to the same period last year. Vroong plans to mark the end of its stabilization phase with the headquarters relocation and embark on a full-scale leap forward.

First, it will focus on strengthening business capabilities for sustainable growth. Based on IT technology, it aims to create a gap in delivery quality and service within the local market and the business-to-business (B2B) market, while expanding its market influence. Additionally, the headquarters relocation will enable smooth communication with hy to concretize business synergies. Currently, both companies are operating a consultative body to discuss various collaboration plans utilizing personnel and networks.

Hyungseol Kim, co-CEO of Vroong, said, "Moving to the new office has given our employees a mindset of a fresh start," adding, "We will actively seek new growth opportunities in the local market, which is the foundation of Vroong, by collaborating closely with hy."