Wadiz Launches New Corporation for Brand Incubator 'WadizX'
Annual Funding Planning and Marketing Strategy Execution
Service Operation for Brand Scale-Up
Wadiz is intensifying its 'brand incubating' business, selecting and nurturing brands with high growth potential. Wadiz (CEO Shin Hye-sung) announced on the 19th that it will launch a new corporation, 'WadizX,' specializing in expanding business opportunities and scaling up funding makers.
WadizX is a 100% subsidiary of Wadiz, established to support the sustainable growth of early-stage companies whose potential has been validated through funding. It operates services aimed at brand scale-up, including annual funding planning and marketing strategy execution for promising makers. By choosing a certain usage fee, consulting is provided and partially outsourced to achieve Wadiz channel and business goals.
The head of the company is CEO Hwang In-beom. CEO Hwang was an early member of Wadiz's founding team, having grown the funding sales organization and successfully launched new businesses such as Space Wadiz and Wadiz Store.While Wadiz has so far focused on enabling startups and small business owners in need of capital to start their businesses and enter the funding ecosystem, WadizX aims to become an 'incubating partner' that supports sustainable growth through scale-up and to actively promote a model of co-growth with Wadiz.
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CEO Hwang said, "We have supported and observed the growth phases of small brands that started their businesses through funding," adding, "Based on our past successful experiences and know-how, we will actively discover brand companies that can create strategic synergy and become scale-up partners for makers."
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