Hanjin Group Partners with US Plug and Play to Discover Innovation and New Business Opportunities
Plug and Play, Specialized in Discovering Global ICT Companies like Google, PayPal, and Dropbox
Hanjin Group "It Will Be an Opportunity for New Business Discovery and Innovation"
[Asia Economy Reporter Yu Je-hoon] Hanjin KAL announced on the 20th that it recently signed a partnership agreement for business collaboration with the US startup accelerator 'Plug and Play.'
Plug and Play, headquartered in Silicon Valley, USA, is a startup accelerator that has discovered global ICT companies such as Google, PayPal, and Dropbox. It also partners with global companies and airlines such as Coca-Cola, Singapore Airlines, and American Airlines to provide collaborative platforms.
This partnership was established to gain business ideas in Hanjin Group's core areas and to pursue innovation by discovering new businesses to secure growth engines.
Hanjin Group will participate from the process of selecting startup companies in the 'Travel & Hospitality' sector among the 29 platforms provided by Plug and Play. Through this, Hanjin Group plans to create new business opportunities and expand the scope to various fields held by its affiliates.
The company explained that through partnerships with startups that can respond quickly and effectively to changing trends, it can innovate existing businesses in the group's core areas?from the aviation industry to travel, logistics, and ICT?while discovering new sustainable growth business opportunities.
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A Hanjin KAL official said, "With the continuous emergence of new technologies and business methods, a different level of business approach is necessary to enhance competitiveness in a rapidly changing market. Plug and Play, which has a global network including highly competitive startups, world-class companies, and strategic investors, will be a key partner for the group's business innovation."
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