​Naver forges partnership with Woongjin Thinkbig to develop AI-based education platform

By Park Sae-jin Posted : December 11, 2019, 15:19 Updated : December 11, 2019, 15:19

[Gettyimages Bank]

SEOUL -- The artificial intelligence-based business solution platform of South Korea's largest web portal service operator Naver has forged a partnership with Woongjin Thinkbig, a domestic company that provides tutoring services for pre-school and primary students, to develop an interactive education platform.

Woongjin Thinkbig said in a statement on Wednesday that it has signed a memorandum of understanding with Naver Business Platform (NBP) to cooperate in the development of an interactive artificial intelligence (AI)-based education platform and related services.

The two companies worked together in August to apply Naver's AI to Woongjin's electronic book-reading platform for audiobook services for children.

"We will develop the platform with NBP in order to introduce AI services that provide new learning experiences as well as diverse experience such as book searching, reading and learning English," Woongjin Thinkbig CEO Lee Jae-jin was quoted as saying.

South Korea's tutoring market estimated at one trillion won ($920 million) is based on weekly and monthly subscriptions of workbooks. The market is shrinking rapidly as many students prefer online and mobile-based tutoring services using digital workbooks.
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Park Sae-jin Reporter
Park Sae-jin

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