KAMCO Signs Business Agreement with Small and Medium Business Distribution Center for Market Expansion and Mutual Growth

Expecting Expanded Market Access for SMEs and Small Business Owners through Online Business Support

[Asia Economy Reporter Park Sun-mi] On the 19th, Korea Asset Management Corporation (KAMCO) announced that it signed a business agreement with the Small and Medium Business Distribution Center (SMBDC) to expand sales channels and promote mutual growth for small and medium enterprises (SMEs) and small business owners. The signing ceremony was held at KAMCO's Seoul headquarters, attended by Moon Sung-yu, President of KAMCO, and Jung Jin-soo, CEO of SMBDC.

This agreement was established to support government policy directions by linking the online platforms of KAMCO, which operates the public asset disposal system Onbid, and SMBDC, which supports sales channels for SME products. The collaboration aims to expand sales channels for SMEs and small business owners and provide joint support systems such as online business support for small business owners.

Through this business agreement, both organizations agreed to mutually cooperate in ▲ supporting the expansion of sales channels for SME and small business owner products ▲ linking and operating institutional systems ▲ jointly promoting and marketing SME and small business owner products. Accordingly, KAMCO plans to open Onbid Onstore in December by linking Onbid with SMBDC's Dongbanseongjang Mall. Onbid Onstore will introduce excellent SME and small business owner products to approximately 480,000 Onbid members, broadening the customer base for sellers and enabling Onbid members to purchase quality products conveniently and at affordable prices.

Moon Sung-yu, President of KAMCO, stated, “I hope this business agreement will help expand sales channels for excellent SMEs and small business owners, leading to increased sales and enhanced competitiveness.” He added, “KAMCO will continue to build a joint support system through inter-agency collaboration to strengthen the framework for mutual growth and win-win cooperation.”

This content was produced with the assistance of AI translation services.