SEUM advised MangoPlate Co., Ltd. (“MangoPlate”) in the acquisition of 100% of its shares by GC Company Corp., a mobile ticket platform operator of comprehensive accommodation services. 

MangoPlate is Korea's largest restaurant recommendation platform with over 200,000 restaurants in Korea that has been carefully selected by its professional editors and has over 700,000 reviews. MangoPlate is regarded as a representative foodtech startup that utilizes A.I. technology to filter out advertisements and false reviews. In its acquisition of MangoPlate, GC Company Corp. revealed that it will utilize MangoPlate’s big data to provide restaurant recommendation content on its existing platform.

As a long-time legal partner of MangoPlate, SEUM has been providing MangoPlate with comprehensive legal advisory services for its operations. In this buyout transaction, SEUM advised on the entire acquisition process and was instrumental for the smooth and efficient sale of the shares held by international investors in MangoPlate.

The SEUM team was comprised of partners Hoseok Jung and Seungkyu Byun, foreign attorney Daniel Chong. 

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