PRODUCT
SoftBank to Invest $1 Billion in Coupang, Korea’s Largest Online Retailer

SoftBank Corp. (“SoftBank”) and Coupang today announced a definitive agreement under which a subsidiary of SoftBank will invest $1 billion in Coupang, the largest and fastest growing standalone e-commerce player in Korea. The investment is expected to close…

633일 전
10 Pieces of “Marriage Advice” For Startups

Raising funds from venture capitalists is just like entering into a marriage, especially if a partner takes a seat on your board. There are a lot of things to consider when choosing a venture capitalist (who…

633일 전
Daum Kakao Acquires Popular Social Network Path As Part of its Global

Daum Kakao Corp., a leading mobile lifestyle platform provider, today announced a definitive agreement to acquire Path as part of the company’s global expansion efforts. The acquisition will take form in Daum Kakao carrying out an…

643일 전
James Jung of beSUCCESS sheds light on Korean startup opportunities

beSUCCESS is doing for Korea what Tech in Asia is doing for other parts of Asia. The company is an online media about startups and tech investments in Korea. It introduces new Korean ventures to a global audience through its media…

664일 전
Big Data Means Big Money for RecoBell

The slogan at Recobell reads “Big Data? Big Money.” We’ve heard it before. RecoBell, a Korean based commerce innovation firm, seems to think they’ve got a solution that makes it easy for companies to leverage their…

  ·  702일 전
beGLOBAL 2015 Startup Battle Q-Prize Increases to $250,000 – Deadline For Applications Extended to April 6th

The Qualcomm Q-Prize, to be awarded at this year’s beGLOBAL 2015 Startup Battle, has been increased to a hefty $250,000. In light of this major change, we have extended out the deadline for applications to April…

  ·  702일 전
[Infographics] The Recent Arguments about Net Neutrality

Recently, It was quite controversial about Net Neutrality in States. Net Neutrality is the principle that Internet service providers and governments should treat all data on the Internet equally, not discriminating or charging differentially by user,…

737일 전
IDG Capital and SMBA Create $ 910 million USD Korean Venture Fund

The Korean SMBA (Small and Medium Business Administration) agreed to establish a fund , ‘Korean Venture Fund(tentative name ‘Korea Fund’)’ IDG Capital(CEO Xiaoge Xiong), China’s second place venture capital. This fund is as much as $ 910…

745일 전
Where Everyone is Maker② MakeSense: Real Korean ‘Everyone’s Programming’

MakeSense is a combined team of OnAirSoft and Nsynaps that used to work together at a robot lab, and currently is developing an educational application ‘Sici’ at Hansung University. They have come up with a new…

751일 전
Where Everyone is Maker① Hellogeeks :‘BitCube’, Anyone make Robot

The IoT will come into our daily lives more and more, as time passes. BeSuccess met Hellogeeks, a company that is building products that help general consumers to use the IoT technolicy.   ‘BitCube’ made by…

751일 전
Korean Mobile Music Streaming Startup, The Beatpacking Company Raises $11 million

A Korean mobile music streaming app company, The Beatpacking Company received a Series B investment. The big news was announced through Su-man Park’s social network. Park elaborated about the investment on his blog, saying “Beatpacking is…

758일 전
Daum Kakao Releases Transparency Report

Daum Kakao (co-CEOs Saehoon Choi and Sirgoo Lee) today revealed its first transparency report through its corporate website. Daum Kakao reemphasized its philosophy of placing protection of users’ information as its number one priority, and disclosed…

769일 전
SoCar Members Reaches 500 Thousand, Expected to Go Over 1 Million This Year

The number of members of SoCar, the largest car sharing community in Korea, passed 500 thousand members last year. According to SoCar, the cumulative number of car sharing members is around 500 thousand members, which is…

772일 전
Jobplanet Acquires $8.3 million USD from Qualcomm, Altos, and Bon Angels

Jobplanet, korean company assessment platform, announced on the 14th that they acquired total 8.3 million USD from Qualcomm Ventures, Altos Ventures, and Born Angels. Job Planet had initially received 2 million USD from Born Angels and…

776일 전
‘Ti In Coop VC Association’ for Travel and Leisure Startup Launched

‘Tin In Coop Venture Capital Association’ specialized for travel and leisure start-ups, launches on January 15. For the first time in Korea, representatives of Korean travel agencies and related field, as well as commerce platforms are…

776일 전
Mobile Game Company ‘Eight Panda’ Raises $2.4 million

On January 13, Eight Panda, a korean mobile game company, announced that they raised $2.4 million as development fund from Korea Investment Partners and Ankang Venture Investment. Eight Panda consists of developers with the experience in…

777일 전
DaumKakao Kickstarts ‘KakaoTaxi’, Drivers’ App

DaumKakao has launched the driver’s version of ‘Kakao Taxi’ Android app on the 13th. This application is a prerelease version to recruit drivers before  launching the passengers’ version of the app. Any registered taxi drivers can…

778일 전
[beSUCCESS Recruiting 2015] English Reporter Needed Now

Full time job (after 3 months internship) & Part time Working in HQ of beSUCESS in Seoul, South Korea Main Task : Korean and Global IT, Tech, Startup Reporting, Writing and Editing Articles Key Responsibility : Fluent Enough…

783일 전
IT Distribution Startup ‘Mesh Korea’ secures 4 Million Dollars

B2C distribute portal service Mesh Korea (CEO Jeung-bum Yu) announced total of 4 billion won (roughly $4 million USD) of investment from multiple investors including EG Partners (Daumkakao Young Adult Startup Investment Union). In addition to…

785일 전
Baedal Minjok Breaks 5 Million Monthly Order Mark

On last month, Woowa Bros. (CEO Bong-jin Kim)’s delivery app ‘Baedal Minjok’ reached their best record as they surpassed 5 million monthly orders. On December 2014, the report shows 5.2 million delivery counts, a 20% increase…

785일 전