Lotte Shopping Signs Partnership with Wadiz to Support Startups and SMEs... "Implementing ESG Strategy"
On the 17th, at the Wadiz headquarters in Seongnam-si, Gyeonggi Province, (from left) Shin Hye-sung, CEO of Wadiz, and Jung Kyung-woon, Head of Strategic Planning Division at Lotte Shopping, are posing for a commemorative photo after signing the MOU.
View original imageStartup and SMEs Collaborate to Provide Comprehensive Startup and Growth Solutions
Lotte Shopping Leads ESG Product Discovery and Startup Ecosystem Development as Part of ESG's Five Major Projects
[Asia Economy Reporter Yuri Kim] Lotte Shopping announced on the 17th that it signed a Memorandum of Understanding (MOU) for 'Startup and SME Support' with Wadiz at Wadiz headquarters in Seongnam-si, Gyeonggi Province. The signing ceremony was attended by Jung Kyung-woon, Head of Strategic Planning Division at Lotte Shopping, and Shin Hye-sung, CEO of Wadiz.
The company stated that this MOU was signed as part of the integrated ESG (Environment, Social, Governance) campaign brand 'RE:EARTH' announced by Lotte Shopping on the 11th, and as one of the five major projects to promote ESG. Lotte Shopping and Wadiz agreed to mutually cooperate in providing comprehensive startup and growth solutions to startups and SMEs.
In particular, Lotte Shopping plans to share and analyze startup and SME data held by both companies to discover and nurture products and brands with ESG values. Through the Wadiz platform, maker companies conducting projects such as funding, branding, product advertising, product sales, and securities issuance will be provided with necessary support to enable startup and practical growth.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Jung Kyung-woon, Head of Strategic Planning Division at Lotte Shopping, said, "Starting with this MOU with Wadiz, we will coexist with SMEs and provide practical help for the development of the startup ecosystem," adding, "We will also continue to promote environmental investments through ESG funds."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
