Day1 Company

Day1 Company operates as a prominent adult education content provider in South Korea, having evolved from its origins as an in-house venture of the company builder Fast Track Asia in 2013. Initially launched as 'Fast Campus' in 2014 with a focus on startup and practical skills training, the company was officially incorporated in 2017 after a demerger from its parent company. The current CEO is Lee Kang-min, who joined Fast Campus in 2014 and expanded its educational scope from startup-focused courses to a wider array of practical subjects like programming and data science. His co-founder, Pak Chi-woong, is the chairman of Day1 Company and the founder of Fast Track Asia.

The company rebranded to Day1 Company in 2021, coinciding with a significant organizational restructuring. This involved establishing a "Company-in-Company" (CIC) model, which promoted four key business divisions into semi-autonomous entities to foster rapid and flexible growth. This structure grants each CIC independent control over its business strategy, hiring, and employee compensation. The four primary CICs are Fast Campus (digital and practical job skills), Coloso (creative and career-focused content), Lemonade (foreign language learning), and Snowball (intensive job training and placement). As of early 2025, the company adjusted this structure, reorganizing into 10 business divisions to improve synergy and centralize B2B, B2G, and global operations.

Day1 Company generates revenue through a multi-channel approach, serving individual consumers (B2C), corporate clients (B2B), and government entities (B2G) via online and offline platforms. Its business model revolves around creating and selling a vast portfolio of educational content covering professional development, foreign languages, creative skills, and hobbies. For example, the Lemonade CIC offers language learning through brands like 'MyLight' (formerly Gabyoun Hakseupji), which uses a subscription model to encourage daily learning habits. Coloso provides online courses from industry experts in fields like illustration and beauty, and has expanded its services to the US and Japanese markets. The company has also strategically integrated AI to reduce costs in areas like content translation and customer service.

Financially, the company has demonstrated substantial growth, with revenue more than doubling from 41.8 billion won in 2020 to approximately 100 billion won in 2021. After experiencing operating losses until 2022, Day1 Company achieved profitability in 2023. This financial turnaround supported its successful initial public offering (IPO) on the KOSDAQ market on January 24, 2025. The company's global expansion is a key part of its strategy, with established units in Japan and Taiwan and plans for further penetration into the United States and other markets, aiming to repurpose popular domestic content for international audiences.

Keywords: adult education, online learning, EdTech, professional development, corporate training, language education, skills training, Day1 Company, Fast Campus, Coloso, B2C education, B2B training, Korean startup, IPO, CIC model, e-learning platform, digital skills, life-long learning, career change, upskilling