WeBring and Momstay, a global customized accommodation service platform, announced on the 10th that they have signed a strategic business agreement (MOU). Through this agreement, the two companies will cooperatively provide comprehensive housing and living support services for foreign students and long-term residents residing in Korea.
Webring is a rapidly growing global startup that is gaining attention by providing various living support services such as accommodation, transportation, rental, cultural tours, insurance, finance, and legal consultation to foreign students, workers, and long-term residents residing in Korea. Momstay is a customized accommodation reservation platform that provides information on various accommodations and living environments, focusing on universities.
Through this agreement, the two companies plan to cooperate by ▲providing customized accommodation services for foreign students and long-term residents, ▲expanding settlement support programs, and ▲promoting joint marketing and promotions.
Through its collaboration with Momstay, Webring will help foreigners easily find trustworthy accommodations and will position itself as an integrated platform that can make life in Korea more convenient.
“One of the biggest concerns for international students is deciding on accommodations, and we will focus on solving this through this agreement,” said Webring CEO Cho Mi-young. “Webring is growing into an integrated lifestyle platform that goes beyond just connecting accommodations to support foreigners’ overall lives in Korea.”
“We expect to be able to provide the optimal accommodation and living environment for foreign guests through our collaboration with Webring,” said Lee Seung-won, CEO of Mamstay. “We will continue to expand customized services for foreign students and residents by leveraging the strengths of both companies.”
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