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Kakao acquires Park Here, a startup providing parking search and booking service in Korea 

Kakao have announced their strategic acquisition of Parking Square the developer and operator of ‘Park Here’, an app that allows searching and reservation of parking spots. The app allows its users to quickly search for vacant…

329일 전
3 Reasons Why Seoul is A Mobile Entrepreneur’s Paradise

Editor’s note: Originally written by Mike Kim, Senior Director Corporate Development at Baedal Minjok Facebook. YouTube. Skype. Hard to believe all 3 iconic companies actually got there start in Korea right? While these Silicon Valley heavyweights have roots in…

331일 전
[Investors] The Global Unicorn Hunter: Goodwater Capital’s Eric Kim

For the past 14 years, Eric Kim has been racking up a lot of global airline miles. Though his day job is a venture capitalist, Eric joked, “if being an airline passenger were a sport, I…

332일 전
Korean tourism platform startup, Creatrip receives investment from KAIST Venture

Creatrip, a platform where local tourism courses and information can be accesses has succeeded in attaining a US$172K (KRW 200m) investment from KAIST Venture Investment. The platform is aimed at foreign visitors that prefer to freely…

335일 전
B2Link receives $4.3m investment from IBK Industry Bank and SK Securities

Cosmetic ecommerce startup B2Link in Korea has secured a US$4.3m (KRW 5b) investment from PEF; a joint organization formed by IBK Industry Bank and SK Securities. This new investment adds to the US$4.6m (KRW 5.3b) investment last…

335일 전
SK Happiness Organization makes $860k Social Impact Investment into Brave Pops

SK’s Social Impact Investment division, SK Happiness Organization have announced their commitment to make a US$860k (KRW 1b) social impact investment into Brave Pops Company. Brave Pops is an educational software developer which was formed in…

335일 전
JDLab to Showcase ‘IUEditor for WordPress’ at MWC 2016

Software development company JDLab will showcase ‘IUEditor for WordPress’ which allows users to create WordPress themes within the web editor at Mobile World Congress 2016 in Barcelona. While WordPress provides free and paid themes for its…

342일 전
Odd Concept received $860k investment from KB Investment

Odd Concept, a startup specializing search engine for video content has US$860k (KRW 1b) from KB Investment. The company was founded in 2012 and has developed online technology for video content searches. The company has used…

342일 전
SBI Holdings invests $30m into Korean mobile service provider Yellow Mobile

Yellow Mobile, a Korean startup offering mobile services has secured a US$30m (KRW 36b) investment from Japanese internet and financial group SBI Holdings. The investment is a result of SBI Holding’s business alliance and strategic investment plans…

342일 전
John Jung CBO of Kakao to Present at MWC 2016

Kakao Corp., the provider of mobile messaging platform Kakao Talk and Korea’s successful on-demand service Kakao Taxi, announced that its CBO John Jung will be presenting at the 25th of Feb at the Mobile World Congress 2016, taking place…

343일 전
Edutech startup, Riiid secures $1.7m series A investment for adaptive learning technology

Riiid, an educational technology startup has secured a Series A investment of US$1.7m (KRW 2b) from DSC Investment, DS Asset Investment, and Shinhan Capital. This successful investment comes as recognition of the potential for Riiid’s ‘Adaptive…

356일 전
Top five healthcare trends from technology startups

Technology has been integral in medical advancement and personal health. Now more than ever, technology is readily available to people of developed countries, mostly in the form of smart phones and devices. Recently, a surge in…

359일 전
Naver Q4 profit up 5 % vs year earlier

South Korean leading search company ‘Naver’ said its Q4 profit rose 5 percent from a year earlier. Net profit came to 141.5 billion won (US$118 million) in that period, compared with the 129.6 billion won a year…

363일 전
K­Beauty and Fashion customisation: The next wave in Korean commerce

Competition in Korea is heating up with the popularity of SPA brands in the fashion industry and big players like Laniege, Sulawhasoo dominating the beauty market. Local and international consumers are thronging to purchase fashion and…

363일 전
How these 5 Korean startups are removing language barriers through technology to go global

In Korea, like in many countries where English is not the lingua franca, there is an especially large gap when it comes to having the right words for an international audience. This language barrier comes in…

363일 전
Thanks To Eased Regulations Crowdfunding Picks Up Speed in Korea

Imagine a new Korean drama is in the works, but to bring it to life the producers need funding. How fast would your little sister hit that ‘fund’ button if it were available? Thanks to eased…

365일 전
Korean Startups Are Targeting the Next Generation of Wearables

Wearables gained huge popularity during 2015 with high-profile releases such as the Apple Watch and Pebble Time bringing wearables truly into the mass consciousness. Wearables are now high demand items and are on course to be…

369일 전
File Sharing Service ‘Send Anywhere’ nabs $6M Series A from Rakuten Ventures

Estmob Inc’s Send Anywhere , the leader in cross-platform file sharing, announced this week that it closed a $6 million Series A round lead by Saemin Ahn of Rakuten Ventures. This deal comes on the heels of…

370일 전
These 5 Korean Startups Are Increasing Workplace Efficiency

Are sticky notes and post-its not cutting it anymore to organise your schedule? Are you interested to explore workplace management and timekeeping beyond Slack, Trello and Evernote? Korean workers are widely recognised as among the most…

370일 전
Fashion O2O Brich secures second investment through Hana Financial Investment

Brich, an O2O service delivering the latest Korean fashion trends online, has secured an investment from Hana Financial Investment. The company was launched a year ago, and to date has raised US$860k (KRW 1b) from Hana…

370일 전

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