{"id":32498,"date":"2024-12-23T18:49:00","date_gmt":"2024-12-23T18:49:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4584535_AE84535_0"},"modified":"2024-12-23T18:49:00","modified_gmt":"2024-12-23T18:49:00","slug":"gdin-successfully-supports-establishment-of-10-new-joint-ventures-in-2024-alone","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=32498","title":{"rendered":"GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone"},"content":{"rendered":"<p>GDIN CEO Jongkap Kim: &#8220;By matching technology needs with local markets, we create long-lasting joint ventures with multiple exit opportunities.&#8221;<\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SEOUL, South Korea<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 24, 2024<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;Global Digital Innovation Network (GDIN), led by CEO Jongkap Kim, proudly announced the major achievements of its 2024 Joint Venture Program. This program, which supports the establishment of joint ventures between South Korean companies and international partners, is designed to lower market entry barriers and create sustainable growth opportunities through local collaborations.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"7\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2585925\/JV.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2585925\/JV.jpg?p=medium600\" title=\"9 companies successfully established 10 joint ventures.\" alt=\"9 companies successfully established 10 joint ventures.\"> <\/a> <br \/><span>9 companies successfully established 10 joint ventures.<\/span><\/p>\n<\/p><\/div>\n<p>Since the launch of the program in 2021, GDIN has supported the establishment of 44 joint ventures across various regions. This year alone, 10 joint ventures were successfully launched in 8 countries including <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Japan<\/span>, <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Singapore<\/span>, <span class=\"xn-location\">Vietnam<\/span>, UAE, and <span class=\"xn-location\">Uganda<\/span>.<\/p>\n<p>The Joint Venture Program was created to address a common challenge faced by early-stage tech companies: while they may have products and services that meet market demand, they often lack the resources and workforce to enter international markets. Through this program, GDIN helps companies increase their chances of success by facilitating strategic market entry via local partnerships.<\/p>\n<p>In addition to the 44 joint ventures established so far, 47 partnership agreements are in the pipeline for future joint ventures. The program&#8217;s success is largely attributed to GDIN&#8217;s extensive global network of partners, which includes government organizations, multinational corporations, and international agencies such as the World Bank, Central American Bank for Economic Integration (CABEI), Inter-American Development Bank (IDB), Investment Turkey etc. GDIN has organized multiple technology matching and investor relations events to introduce Korean companies and their innovative technologies to potential international partners.<\/p>\n<p>At the year-end performance report event, held on <span class=\"xn-chron\">December 19<\/span>, GDIN recognized companies that successfully established joint ventures. Changsoft I&amp;I, a digital construction management system company, was highlighted for its success in establishing joint ventures in <span class=\"xn-location\">Japan<\/span> and <span class=\"xn-location\">Vietnam<\/span>. CFO <span class=\"xn-person\">Jongeun Park<\/span> of Changsoft I&amp;I shared, &#8220;We were facing stagnating revenue growth, and expanding into new markets was critical. With GDIN&#8217;s support, we were able to establish joint ventures in <span class=\"xn-location\">Japan<\/span> and <span class=\"xn-location\">Vietnam<\/span>, allowing us to tailor our products to local market needs.&#8221;<\/p>\n<p>Other companies that successfully established joint ventures in 2024 include Medicos Biotech, Bloomsbury Lab, Arbaim, Eucast, Pixelro, Hansol root one, Eco-Peace, and IESG.<\/p>\n<p>GDIN CEO Jongkap Kim commented, &#8220;Unlike simple joint investments or distribution networks, these technology-driven joint ventures are based on market demand, ensuring their long-term sustainability. If these joint ventures achieve success in the local markets and even go public, they could offer multiple exit opportunities, creating a strong growth model for all involved.&#8221;<\/p>\n<p>About GDIN&nbsp;<\/p>\n<p>Global Digital Innovation Network&nbsp;(formerly known as Born2Global Centre), registered under the Ministry of Science &amp; ICT, is an independent foundation that promotes and fosters collaboration between next-level innovative companies from <span class=\"xn-location\">South Korea<\/span> and the world.<\/p>\n<p>Since 2013, we have established over 160 international partnerships, supported over 3,000 tech companies, conducted over 20,000 consulting services, and helped companies raise <span class=\"xn-money\">$3.6 billion USD<\/span> in investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GDIN CEO Jongkap Kim: &#8220;By matching technology needs with local markets, we create long-lasting joint ventures with multiple exit opportunities.&#8221; SEOUL, South Korea, Dec. 24, 2024 \/PRNewswire\/ &#8212;&nbsp;Global Digital Innovation Network (GDIN), led by CEO Jongkap Kim, proudly announced the major achievements of its 2024 Joint Venture Program. This program, which supports the establishment of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":32499,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-32498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=32498\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone - My Blog\" \/>\n<meta property=\"og:description\" content=\"GDIN CEO Jongkap Kim: &#8220;By matching technology needs with local markets, we create long-lasting joint ventures with multiple exit opportunities.&#8221; SEOUL, South Korea, Dec. 24, 2024 \/PRNewswire\/ &#8212;&nbsp;Global Digital Innovation Network (GDIN), led by CEO Jongkap Kim, proudly announced the major achievements of its 2024 Joint Venture Program. This program, which supports the establishment of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=32498\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-23T18:49:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnasia.com\/media2\/2585925\/JV.jpg?p=medium600\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone\",\"datePublished\":\"2024-12-23T18:49:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498\"},\"wordCount\":497,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/gdin-successfully-supports-establishment-of-10-new-joint-ventures-in-2024-alone.jpg\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32498\",\"name\":\"GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone - 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