NEWS
Social activity platform, Friend Trip receives US$1.2m investment

Social activity platform Friend Trip revealed on the 17th November that it had received US$1.2m (KRW 1.5b) in new investment. This is the second investment for the company and follows a US$500l (KRW 500m) last June. Friend…

467일 전
Smartphone Accessory Startup ‘Bench Soft’ Receives 2016 CES Innovation Awards with USB Flash Memory

Korean smartphone accessory startup ‘Bench Soft’ has garnered much attention from the market with its unprecedented type of USB memory device. “Xl.i.CON Flash Memory” is Bench Soft’s USB flash memory that sticks like a magnet when…

467일 전
‘Hyperconnect’, communication app ‘Azar’ receives US$8.6m investment

On the 17th November, Softbank ventures announced that it had made an investment into HyperConnect a communication application startup. The total of the investment was revealed to be US$8.6m (KRW 10b) and was provided jointly with…

468일 전
The Most Powerful Korean Corporation (Chaebol) You’ve Never Heard Of

Editor’s note: Senior Director Corporate Development at Baedal Minjok I. There is a Chaebol in Korea that is nameless. No HQ, no CEO, not even an email. It has massive worldwide influence; setting trends in Asia…

471일 전
Womans Talk, Korea’s leading online mobile beauty platform, secures Series A investment

Woman’s Talk, Korea’s first online mobile beauty home shopping has succeeded in attaining a Series A investment of US$1.7m (KRW2b). With their launch in February titled ‘Korea’s first online beauty home shopping’, Woman’s Talk is the…

473일 전
MCN startup ‘Makeus’ secure US$17m investment from 4 venture capitals

Makeus, a Multi Channel Network startup has successfully secured the largest Korean investment into MCN (Multi Channel Network) in recent news. The investment totaling US$17.4 (KRW 20b) has been provided by venture capital companies DSC Investment,…

473일 전
Kakao needs a new revenue stream, plans to expand into delivery service

Kakao Corp. (KOSDAQ 035720) today reported third quarter financial results under Korean-IFRS. Kakao’s consolidated revenue for the quarter was KRW 229.6 billion with mobile businesses making up 56%. For the third quarter, Kakao focused on actively…

474일 전
Watch Japan’s first commercial jetliner from Mitsubishi take its maiden flight

Japan’s first commercial jet, The Mitsubishi Regional Jet (MRJ) – developed by Mitsubishi Heavy Industries, in half a century made its maiden flight on Wednesday. The two-engine aircraft, approximately 35 metres (115ft) long, flew smoothly upward into…

474일 전
Now Kakao delivers fresh oranges into your house

Kakao will launch a pilot program called Kakao Farmer to deliver mandarin oranges produced in Jeju Island todeliver it to consumers when it is in its most delicious state. The pilot operation that began Tuesday will…

474일 전
Cosmetic ranking service GlowPick received investment of US $1.3m

GlowDays the company behind GlowPick has received a Series A investment of US$1.3m (KRW 1.5b) from SL Investment,  Jafco Asia and ShinHan Capital.Glowpick is a cosmetic raking service that provides ranking based on consumer reviews of…

474일 전
Netflix Spends Invest $50 Million in ‘Okja’ from Director Bong Joon Ho

Netflix will invest $50 million in upcoming South Korean film Okja by Bong Joon Ho which will be co-produced by Plan B Entertainment, an American film production studio co-founded by Brad Pitt and Jennifer Aniston. Okja is…

475일 전
Samsung’s improved Gear VR is now up for preorder at $99

Samsung’s improved mobile VR headset is ready for the taking the ordering. Oculus announced Samsung’s Gear VR will ship on November 20 with pre-orders kicking off Tuesday. The device costs $99, and can be purchased through Samsung’s…

475일 전
Multi-SNS advertising app Tenping secures investment from Capstone Partners

10th November 2015 – Tenping, a public company providing real time mobile rumor service revealed it had received an investment from Capstone Partners. Tenping is a marketing service that allows advertising content to be released in native format….

475일 전
Food app Gormey providing recommendations by food critics get major update

Gormey, an app that is aimed at providing credible restaurant recommendations recently announced major updates for both iOS and Android releases.  Although there are many restaurant recommendation apps on the market, Gormey brings a whole new…

475일 전
SK Telecom boosts investment into MCN provider Treasure Hunter by US$4.3m

SK Telecom has made a US$4.3m (KRW 5b) into MCN (Multi Channel Network) operator Treasure Hunter. Treasure Hunter is the creator and operator of famous and popular channels such as YangDding (YG Gaming Channel), Aligator and…

476일 전
K Cube Ventures invests into Korean independent fashion brand platform, Mutzip

K Cube Ventures – specialist in mobile, internet and technology investments has invested US$500k (KRW 600m) into Mutzip, the provider of Hot Source an independent fashion platform. The name Hot Source refers to the independent platform’s…

476일 전
Anonymous company bulletin, Blind receives investment from Silicon Valley DCM and Japan VC Global Brain

According to ‘The Bridge’ a  Japanese startup media service provider, ‘Blind’ an anonymous social networking service for company employees has received an investment from Japanese investment company Global Brain as well as Silicon Valley’s DCM. The…

476일 전
Mobile security developer, Lockin Company secures $1.3m investment business bank

Lockin Company, a specialist in mobile security solutions has received US$1.3 million (KRW 1.5b) in investment from KDB Business Bank. The investment comes within 2 years since its startup and has been sourced from a business…

481일 전
I Am School provider of Mobile Homework Diary receives investment from LB Investment

Mobile digital homework diary service ‘I Am School’ has secured US$2.1m (KRW 2b) investment from LB Investment. I Am School is Korea’s first mobile homework diary service that captures 99% of the almost 63,000 bulletin boards…

482일 전
Korean Startup ‘Fluenty’ Launched TALKEY, A Reply Suggestion AI for Smartwatches

November 5th, 2015 (Seoul, Republic of Korea) – A study last fall from Tecmark reported that the average smartphone owner checks their phone 221 times per day. The promise of devices like smartwatches is to reduce…

483일 전