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VideoMonster Inc.

StartupOther
The explosive growth of the video production market is rapidly boosting the demand for video production. To meet such demand, VideoMonster has built solutions to automate complex and time-consuming video production processes. In addition, VideoMonster is segmenting the market based on different needs and servicing the automated video production service platform accordingly.

1) VideoMonster - Online Short-form Videomaking Platform for Marketing (B2B)
- A template-based videomaking solution that automatically completes motion graphics work files of video design professionals through cloud rendering technology without complicated editing steps

2) ViiV - Automatically generated and supplied travel short-form images based on AI technology Viv (ViiV) (B2B)
- A solution that analyzes the metadata of the video clip taken by the user, creates user-generated content by automatically cutting/editing and designing the image, and delivers the images in B2B form to hotels/OTAs/travel agencies that require review images with API technology

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Business Description

[Service Status]
1) Video Monster
- Service launch in June 2019: Monthly sales and subscriber numbers increase by more than 30% on average per month
- Sales: KRW 1.3 billion (2023)
- Accumulated users: More than 1,000,000
- Partner: For services to Japan and 4 Southeast Asian countries (Malaysia/Vietnam/Thailand/Indonesia)

2) 2) ViiV
- 2023.12: Launch of Beta service
- 2024.01 : Official launch of service
- 2024.06: Domestic OTA and accommodation supply solutions, Japan's Rakuten Travel Hotel API-linked sales implementation
- 2024.05 : Tokyo office launch in Japan

[Award performance]
- Vietnam Startup Wheel 2021 Top 5 (2021.10)
- Step Saudi Conference Start-up Pitching Contest Win (2021.11)
- The 20th Mobile Technology Awards were awarded to the Minister of Science and Technology Information and Communication (2020.12)
- 2022 Digital Media Innovation Day Awarded by the Minister of Science, Technology, Information and Communication (2022.11)
- Korea Tourism Organization President Award (2023.11) for Digital Innovation Contest in Culture, Sports and Tourism
- 2022 e-commerce pitching festa Korea Electronics and Telecommunications Industry Promotion Association (KEA) Award for Innovation (2022.06)
- 2022 Try Everything Home & Shopping Award (2022.09)

[Domestic and international partnership]
- Domestic Alliance: Wadiz, Plito, Shopee Korea, FiveAd, Cafe 24, KOTRA, Gabia CNS
- Overseas: Rakuten Travel, JAL (Japan Airlines), Fukuoka Chamber of Commerce, Japan Serve Limited

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