Eduwill announced on June 15 that it signed a memorandum of understanding (MOU) with Fastfive, a shared office operator, on June 12.
Founded in 2015, Fastfive is a domestic brand that operates shared office spaces. Beyond simple space rentals, it offers programs for tenants, including health check-ups and corporate childcare services, and provides customized space solutions for businesses, leading the shared office market in South Korea. Currently, it operates 63 locations in major business districts in Seoul, as well as in Seongsu, Magok, and Pangyo, along with 202 affiliated sites nationwide.
The MOU aims to leverage the strengths of both companies in education services and the activation of shared office and coworking spaces. The goal is to provide new value to both companies' customers and to jointly explore and expand business opportunities for mutual growth.
To achieve this, the companies plan to collaborate in various areas, including joint planning of services and products, operation of partnership products, implementation of mutual benefits programs for members, and cooperation in online and offline promotion and marketing.
An Eduwill representative stated, "By combining education and space, we will provide a higher quality learning and working experience for both students and professionals." They also emphasized that by integrating Fastfive's spatial infrastructure with Eduwill's educational capabilities, they aim to offer differentiated benefits and programs to their customers.
* This article has been translated by AI.
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