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Neptune's subsidiary, Mammossix presents Korea-ASEAN 'Meta Commerce'

Mammossix (CEO Charles Yoo), a subsidiary of Neptune, announced on the 3rd that it has signed a three-way MOU with Thailand's LHMH Group to promote a joint project between ASEAN XR and Meta Commerce.

Under this agreement, the three companies will cooperate in the fields of smooth communication and media promotion between Korea and ASEAN, ▲ development of contents applying the brand and design of Thailand's leading shopping mall Terminal 21 (Terminal 21) using the XR meta-commerce service Galaxyity Shopping.

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Galaxity: Shopping, which is set to be launched globally this winter, is an XR Metaverse that supports VR (virtual reality) and AR (augmented reality) services at the same time. By combining e-commerce services, online customers and offline merchants will communicate with each other and support meta-commerce shopping in a virtual shopping mall that is as real as it is.

LHMH is a subsidiary of Land and House PLC., a Thai stock exchange (SET) listed company, and has operated a total of nine hotels and three large shopping malls since it opened the Grand Center Point Place Hotel in central Bangkok in 2003.

In particular, Terminal 21 Asok, which is the background of this meta-commerce service, is a large shopping mall with more than 600 stores and more than 50 restaurants, with a total of 10 floors on a scale of about 40,000 square meters. As it is a representative shopping mall in Bangkok, Thailand, it is one of the most well-known landmarks among tourists.

The new virtual complex meta-commerce service, which combines entertainment and shopping, will provide merchants with new sales channels beyond space constraints and time constraints, said Charles Yoo, CEO of Mammossix. "We will also actively promote cooperation with other companies or shopping malls in ASEAN."

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