SKC Raises 1Tr Won Investment Expanding into Mobility and Chip Biz
SKC said on Monday that it raises around 1 trillion won ($815 million) of investment to expand into the mobility ...
Tag: Investment
S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks
SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several ...
Proptech Startup Spacewalk Raises 8 Billion Won in Series A Funding
Property technology (proptech) startup Spacewalk announced that it raised 8 billion won ($6.85 million) in a recent Series A funding ...
Kia Motors to Inject 29 Trillion Won to its Electric, Purpose-Built Sector
According to Kia Motors Corporation's midterm outline called Plan S, the carmaker will invest 29 trillion won ($25 billion) over ...
Hyundai Motor Group to Invest 100 Trillion Won in Future Mobility
Update (April 2, 2020): Hyundai Motor Group announced on March 31 that it would establish a mobility innovation center in ...
Samsung Display to Source Galaxy Fold 2 Glass Screen from Dowoo Insys Co.
According to industry officials on Monday, South Korean tech giant Samsung Electronics’ subsidiary, Samsung Display Co., invested 13.5 billion won ($11.6 ...
LG Boldly Invests on its VS Division
Company officials said on Sunday that LG Electronics strengthened its business portfolio by making daring investments in automotive electrical systems ...
Nexon To Reorganize Amid Failing Profits
Failing profits have forced South Korean gaming company Nexon to reorganize its business structure. The move, according to the company, ...
Uber Eats Bids Good-Bye to South Korean Market
After two years of struggling to stay afloat, the U.S.-based food delivery service, Uber Eats, has finally decided to close ...
Yanolja Acquires Hospitality Company eZee and Booking App Dailyhotel
Yanolja, Co., one of South Korea’s largest booking websites, announced their acquisition of two companies in South Korea and India. ...
SK Chairman Meet Brazil’s President To Discuss Business Opportunities
SK Network’s chairman, Chey Shin-won met with Brazil’s controversial president Jair Bolsonaro to discuss possible business opportunities in the country. ...
Lotte Group Eyes Support for Israeli Startup Companies
Lotte Group Chairman Shin Dong-bin pushes through with his planned meeting with Israel's Economy Minister Eli Cohen. The meeting was ...
LG Electronics Stocks Foresee Fall Amid Performance Woes
Korea Investment & Securities has lowered its outlook on the price of LG Electronics stocks due to the latter’s drop ...
Samsung Jumpstarts Multiple Startups in India With An $8.5 Million Investment
Samsung’s vision of enriching people’s lives and contributing to social prosperity by creating a new future has guided the company’s ...
‘Online marine products’ platform Yamtable attracts 7 billion won in follow-up investment
The online fresh seafood commerce platform Yamtable has attracted 7 billion won (about US$6 million) in follow-up Series A investment. ...
WAUG, Inc. to attract $11.5 billion won in investment in Series C
WAUG Travel (CEO, Sun Woo-yoon), which provides a global travel activity reservation platform called WAUG, announced on April 18th that ...
KDB bridges corporates and investors and helps 130 companies attract 710 billion won
Korea Development Bank (KDB) is supporting investments in venture businesses through its market-type venture investment platform called 'KDB NextRound'. KDB ...
Korean financial companies that have emerged as ‘big hands’ for startups are speeding up their direct investment
Establishment of FinTech ecosystem led by financial companies is speeding up in South Korea. As direct investment by financial companies ...
Samsung speeds up the blockchain business and invests in the new concept cryptocurrency wallet company
Samsung, following its first application of the blockchain keystore to its smartphone "Galaxy S10" released in February, has invested in ...
SuaLab attracts a 19 billion won investment, the largest amount among the AI Startup Industry
SuaLab, an Artificial Intelligence Korean startup, announced on the April 10th that it has attracted 19 billion won (about US$16.2 ...
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