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SangBong Suh, the head of Smilegate Orange Farm center, helps Korean startups to go to China

If a person comes for the profit goes for another profit, a person bows for a power searches for another powerful men. Only the person comes for the mind lasts forever.” – from “The Rise of…

  ·  248일 전
Cherubic Ventures Announces US$ 120 Million Fund And The New Shanghai Office As Its Global Headquarter

Cherubic Ventures kicked off 2016 with an annual summit in the glamorous Shanghai, where East meets the West. More than 200 guests from its portfolio companies, partners from top venture capital firms and business partners all…

347일 전
Five of Kakao’s Daum Webtoon Titles to Appear on Chinese Screens through Partnership with Huace Group

Kakao today announced that it partnered with Huace Group, China’s number one comprehensive film and TV media group, to bring five of its popular Daum Webtoon titles to the screens in China. Kakao and Huace group…

347일 전
Social Network, specialists in Korean trend contents secures investment to back its China strategy

Social Network, a specialist platform servicing Korean trends (wave) has secured an investment of US$4.3m (KRW 5b) from Korea Investment Partners, Mirae Asset Investment, POSCO technical investment and Intellectual Ventures. In 2012, Social Network secured their early…

451일 전
Altos Ventures invests $3M into beauty eCommerce company HuiSeoul

Silicon Valley investment company Altos Ventures recently announced its US $3.0M investment in Trillionaire. Trillionaire runs a Korean cosmetic ecommerce service called HuiSeoul, which focuses on providing Korean beauty products exclusively to the Chinese market. The journey for HuiSeoul started…

553일 전
The Korean Gaming Industry Doesn’t Stick Out As One That Needs Support… But They’re Getting It

According to an article on Business Korea, the Korean government is planning to invest at least $209 million USD over the next five years to promote the growth of the game industry. This comes in a…

797일 전
Chinese Language Education Company Chinada secures $1 Million USD from Soft Bank Ventures

Based in Seoul, Chinese language education company CHINADA have secured $1 million USD from Soft Bank Ventures and Coolidge Corner Investment. Their digital educational program ‘Chinatan’ is unlike other typical systems that focus on grammar and…

802일 전
China’s Tencent Opens Its Doors To Korean Gaming Comapnies

We reported recently that Chinese investors have been making inroads into Korea. Now we are seeing the first signs of what fruits those investments are likely to bear. As reported by Business Korea, Korean gaming companies…

814일 전
Korean Game Developers Attract Interest From China, Jointly Raise Around $1 Billion USD

Korean developers are attracting increased interest from overseas firms. Tencent has already made a number of large-scale investments, and European companies are also actively seeking Korean gaming companies to bolster their growth. Due to current market…

834일 전
Top Weekly Tech News Highlights From Korea

Korea, Still A Huge Opportunity For E-Commerce The amount of mobileshopping transactions is growing at an explosive pace. The mobile shopping transaction volume achieved more than 100% growth compared to a year ago, reaching near 4…

844일 전
Meet These Korean Startups Pursuing Opportunity In China

During my time working with Korean startups there has been an almost universal fear of the dangers of entry to the Chinese market. But as Korean founders become more globally minded, and more confident in themselves,…

856일 전
Tribeluga, Korea’s Newest Startup Accelerator, Opens It’s Doors To Founders Eyeing China

Tribeluga is a Seoul-Beijing based startup accelerator with the core mission of connecting Startups to new (and traditionally tough) markets, primarily China and the US. Today the company’s President, Lili Luo, launched the accelerator in a…

862일 전
Seven News Items From Korean Tech This Week

1. Korea comes in 2nd place for the fastest internet speeds, 1st in other metrics According to a recent report by Akamai Technologies, South Korea’ average peak connection speed was 72.1 Mbps, lagging behind Hong Kong…

872일 전
Chinese Smartphone Manufacturers Set To Invade Korean Turf For the First Time

As reported in Business Korea, Chinese handset maker Huawei is launching a mobile handset offensive against domestic powerhouses Samsung and LG, in the Korean market. The company will begin their invasion with a new flagship smartphone,…

876일 전
New Global Strategies Required For Korea To Realize Opportunities In ICT

For as much as the last fifteen years Korea has been emerging as one of the front-runners in global tech innovation, but has failed time and time again to capitalize fully on the opportunities. Smartphones, 4G…

877일 전
SMATOOS Releases A New Tool to Help English Language Learners Sound More Natural

[metaslider id=”17793″] After the successful releases of BeNative apps in Korean, Japanese, and Chinese, SMATOOS is expanding its service with Speak Real English, an “English to English” learning application that helps English language learners practice through video lessons. With this…

980일 전
Korean personalized Travel Guide Service, MyRealTrip, Raises $980k, Plans China Expansion

MyRealTrip, a Korean startup that provides overseas travelers with personalized guided tours in thier mother tongue has just announced their third round of funding. SmileGate Investment led the round, contributing 70% of the funding, with Capstone…

981일 전
Register today for 20% off GMIC – Asia’s Largest Mobile Conference

Established in 2009, the Global Mobile Internet Conference (GMIC) Beijing is arguably Asia’s most influential mobile industry conference. Taking place on May 5-6, 2014, GMIC will attract over 10,000 mobile industry executives, entrepreneurs, developers and investors…

1044일 전
Malang Studio Clinches Second Place At Mobile App Competition In China

One of the leading app developers in Korea, Malang Studio, won second place at the 2013 National Mobile Application Competition held August 24-25 in Beijing, China. Malang Studio was the only non-Chinese finalist and winner at…

1278일 전
PRISM: Why Global Citizens Are Concerned

We thought it’s about time we wrote about the U.S. National Security Agency’s PRISM program, the latest phenomenon around the world today – and yet, it’s old news, because information is and has always been the…

  ·  1355일 전