Chief Technology Officer
Chong Chunhyok has extensive experience in engineering social Apps and mobile Applications for major industry players, such as Time Warner for its Cartoon Network and Samsung for its Galaxy devices. After launching several sports arcade games, Mr. Chunhyok developed the music streaming service Melon, which rapidly became Korean's market leading application for Leon Entertainment. Publicly listed Kakao Group (035720:Korea SE) later acquired 76.4% of Leon Entertainment for $1.55 Billion USD. After Mr. Chunhyok's success with the online music store, he invented the e-commerce blockbuster service WeMakePrice, becoming South Korea's highest turnover e-commerce and advertising portal shortly after launch. Subsequently, he developed South Korea's social media platform Wonderpeople, which after adding to the e-commerce group portfolio, rapidly gained a user base greater than 10% of South Korea's entire population. WMP funded its further growth via $85 Million USD in venture financing, led by online gaming industry leader Nexon Group (TYO:3659). It has since increased its user base to over 10 Million subscribers in South Korea - home to 51 Million citizens.