SKT’s ‘spin-out’ to grow as a global unicorn with commercialization of the in-house technology
SK Telecom will start the 'Stargate' program that will grow into a global unicorn company by commercializing its famous ICT...
Korean Gaming Industry holds “Super Shareholders’ Meeting Day” closes with the keyword “growth”
Major game companies in South Korea held shareholders' meetings on March 29th to deal with major issues. Netmarble, NCsoft, Pearl...
Naver Launches Entertainment Platform ‘Fanship’
Naver said Wednesday it will introduce "Fanship, Fan+Membership," a new type of global entertainment membership platform that combines live technology...
In 2018, Kakao Bank recorded a net loss of 21.2 billion won & K-Bank recorded a net loss of 79.7 billion won
According to a management disclosure by the Korea Federation of Banks on Monday, Kakao Bank posted a net loss of...
In a grave system error, Kakao Moment deducts 3 million won without user consent
Kakao’s flagship advertising platform Kakao Moment has been criticised by some of its users for automatically deducting a certain amount...
idus accumulates over 100 billion won transaction amount
An online handmade market platform, idus, that allows small merchants to directly post their products, has surpassed 100 billion won...
Challengers app attracts 1 billion Investment from Altos Ventures
WhiteCube, runs a self-development investment app called Challengers, which attracted 1 billion won (US$ 8.7 million) from Altos Ventures. Some...
Electronic contracts service provider Modusign gets 2.5 billion won worth of investment
Korean startup Modusign said it has attracted 2.5 billion won or about $ 2.2 million worth of investment from Korea...
Toss working to establish an Internet Bank based on the global Challenger Bank model
Toss operator Viva Republica is planning to establish an internet bank based on the Global Challenger Bank model. Challenger Bank...
KT and POSCO Technology make a large investment in FinTech Startup Paymint
The smart order innovation startup Paymint has received investments from KT and POSCO's investment subsidiaries. Paymint is a tech startup...
Samsung Electronics Helps Employees Explore Creativity with ‘C-Lab’ & Talent Training with ‘SSAFY’
Samsung Electronics is taking the lead in fostering young talent through its in-house venture program 'Creative Lab(C-Lab)’ and 'Samsung SW...
Kakao calls a truce with taxi industry; launches no-refusal rides starting at 3000 won fare
Kakao and the taxi industry, which had been engaged in an extreme confrontation over carpooling services, have released "Korean Uber"...
Kakao Ventures Invests in Multi-Streaming Solution ‘Restream’
The US multi-streaming solution called 'Restream' has attracted $3.37 million (3.8 billion KRW) in investments. With this bid, Restream wrapped...
Naver accelerates global foothold with aggressive investment in technology
Naver is expected to accelerate its advance into the global market based on its technology investment this year. According to...
Korean company Cookie Languages wins AI Startup China Final
Korean company Cookie Languages(CL), which serves a voice-recognition interactive English learning app FanE, won the AI startup China finals held...
HivvLab Develops PayCrypto Ver 1.1 for smoother online payments
HivvLab Inc. said it has completed the development of PayCrypto Ver1.1, which is updated transaction tracking capability to PayCrypto, the...
Will Kakao and Dunamu rekindle the fire for the ‘Blockchain Industry’?
Major IT companies with Kakao as the main focus are introducing mainnet this year and are rushing to prepare for...
NAVER LABS makes “easy to push” robotic wheelchair
NAVER LABS unveiled its easy push wheelchair “AIRCART Wheelchair”, first at the ACM/IEE HRI 2019 (Human-Robot Interaction), an association of...
Samsung Electronics aggressive investments in automotive startups trigger M&A possibilities in self-driving
Samsung Electronics has been making made large and small investments in startups for its overseas automotive (electronic equipment) business and...
Korean Brand Commerce company ‘Spotlight.ly’ to attracts 7.2 billion won investment
Spotlight.ly, a Korean brand commerce company, made an announcement on the 14th that it has attracted a total investment of...
