MiL.okay, which began providing full-fledged companies in April 2020, is a market innovator with its revolutionary imaginative and prescient for level utilization by way of partnerships with corporations spanning a variety of industries. Following Yanolja (No.1 OTA in Korea), and Shinsegae Responsibility-Free (DF model of retail large Shinsegae Group), market main manufacturers equivalent to CU (No. 1 comfort retailer in Korea), Interpark (High ticket reservation and e-commerce platform), and Megabox (High multiplex movie show) have joined MiL.okay’s level alternate ecosystem within the final yr alone.
Because the MiL.okay Alliance continues to broaden, the usability of factors is gaining new status. As well as, affiliate marketing online actively promoted with CU, Interpark, and Megabox additionally drove the expansion of MiL.okay. By way of commercials within the Megabox theater, the corporate expanded person contact factors offline, and particular promotional merchandise equivalent to MiL.okay sandwiches and MiL.okay lunch containers launched with CU comfort shops are fashionable with shoppers and are receiving a fantastic response.
MiL.okay had about 400,000 subscribers on its first anniversary in April of final yr, and it elevated dramatically within the second yr, reaching over 1.05 million.
The transaction quantity between Milk Coin (MLK) and MiL.okay companions’ service factors had elevated 400% in comparison with the primary yr of its launch. It demonstrates that MiL.okay can present a wide range of advantages to shoppers’ day by day lives whereas additionally steadily rising as some of the useful blockchain companies.
In 2022, MiL.okay plans to broaden its international alliances and cross-border ecosystem. The primary companion is predicted to come back from a rustic in Southeast Asia, a area that may be a fashionable vacationer vacation spot for Koreans but additionally vacationers from all over the world. Southeast Asia is an ideal match for MiL.okay’s international growth—a inhabitants twice that of the US, development of the buyer market on the power of revenue development, and the speedy growth of cellular system use.
Partnership discussions are underway between Milk Companions and main corporations in Southeast Asia, and main bulletins will likely be disclosed inside this yr. When MiL.okay turns into settled within the Southeast Asian market, customers will get pleasure from unprecedented factors and mileage advantages when utilizing the companies of corporations of their residence nations in addition to abroad, and in the end, the objective is to determine an alliance with every nation by way of the event of localized companies.
Cho Jung-min, CEO of Milk Companions stated, “MiL.okay has grown quickly over the previous two years by establishing some extent alternate ecosystem with main corporations in Korea and offering unprecedented expertise of utilizing factors” “This yr, we’ll focus all of our capabilities on advancing the corporate as a world cross-border platform by way of lively partnerships with main corporations worldwide.”
SOURCE Milk Companions