438일 전

At today’s fourth game in the Google DeepMind Challenge Match, the best Go player of the last decade, Lee Sedol, came back from three consecutive losses to beat the Go-playing computer program, AlphaGo. Playing as white, Lee won when AlphaGo resigned after 180 moves. Reporters gave Lee Sedol a standing ovation as he entered the press conference. Lee commented, “I’ve never been congratulated so much just for winning a single game. I…

SMATOOS Recognised by RedHerring As One of 2014’s Most Audacious Technology Companies
923일 전

Korean EdTech startup SMATOOS, announced today that it has been selected as a candidate for Red Herring’s 2014 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe. SMATOOS connects US businesses to the Asian enterprise market using their popular BeNative service. BeNative interviews top-level executives of various American businesses and films their employees performing basic tasks at work….

Seoul’s Third Startup Grind A Huge Success, Next Up Alvin Foo (Ex-Head of Mobile for Google China)
944일 전

“It’s all about hiring the right person!” stated Jake  Park, CEO of Value Creators & Company, VCNC, for short. VCNC is a Korean mobile application and internet services company that develops “Between,” a mobile social-networking application for couples. Between was created to enable couples to share their special moments with each other and remember them forever. It’s Thursday night in Gangnam and time to network with fellow entrepreneurs from Seoul’s startup community,…

As Google Commits To New Seoul Campus And Overseas Interest Intensifies Samsung Remains Absent From Local Scene
1001일 전

Google, on an international mission to rapidly connect with the global startup community, has recently announced that it will open a startup campus in Seoul, Korea next year. This comes at a time when Korean entrepreneurs are beginning to prove that they have what it takes to make an impact, as exemplified by a statement from Google’s Bridgette Beam: “Korean innovators and entrepreneurs are some of the best in Asia, and Korean startups are making headlines around…

Another One Bites The Dust: Groupon, Another Global Tech Corporation Plans Exit From Korea
  ·  1157일 전

Groupon recently announced liquidation of all assets of Groupon Korea, and a plan to focus all its efforts to promote its recent acquisition Ticket Monster (TMON) in Asia’s third largest e-commerce market. Groupon now joins the long list of global companies, which have failed to capture market share in South Korea. Recently (December 2012), Yahoo also shut down its Korean operations, as profitability became an issue in South Korea. South Korea is…

Shifting Tides: The Korean Portal Market in Flux as Naver Eats Daum, and Nate (and Google Emerges)
1169일 전

Between 1997 and 2001, 3 web portal giants were born in Korea in a mini .com boom that mirrored similar in the west. Daum, Naver and Nate utilized the incredible IT infrastructure that had been built through a massive, strategic cash injection from the Korean government that aimed (and succeeded) in powering Korea to the status of one of the most progressive technology hubs in the world. This legacy still prevails and…

Google Lends Its Name To Korean Mobile Start-ups To Avoid Costly ‘Kakao Tax’(UPDATE: Not True)
1177일 전

A Google spokesperson has reached out to TechInAsia who also posted this news, and pointed out that “it hasn’t done or offered any of the things described in this post.” References  were initially sourced from ZDnet Korea ( They have since taken down the articles used as reference for this article. We apologize for the inaccuracy of this post. Korea has long been a brand-obsessed shopping nation. Now Google aims to assist up-and-coming app…

Google is Actually Doing Well In Korea, Catching Up To Local Players In Ad Revenue
1190일 전

Google, which has been relatively slow in expanding its market presence in South Korea, is now fast catching up to local rivals in display Ad sales (one segment of online advertising), according to industry sources. This news will be a surprise to many who have been watching Google’s advance in Korea with skepticism, as reported by beSUCCESS only a month ago.   This news will also fall sweetly on the ears of…

Asian Chat Apps, Like Kakao Talk, Look Likely To Upset The Global Tech Establishment
1191일 전

Reuters: Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer. Where these internet and telecoms giants once controlled the lucrative choke points of the industry, social messaging services are fast emerging as an alternative distribution channel for adverts, apps, and goods and services. For example, Tencent Holdings’ WeChat allows its more than…

LG Aims For No. 3 Global Smartphone Spot in 2014, Unveils G Pro 2
1193일 전

With the launch of a large-screen smartphone-tablet hybrid on Thursday, LG Electronics is attempting to achieve an ambitious goal:  regain the No. 3 spot in the global smartphone market place. It may be a long shot. Last month, Chinese PC maker Lenovo announced plans to buy Google’s Motorola Mobility handset unit for $2.9 billion. There has been a lot of coverage in the press about the recent Lenovo-Motorola deal, but internally LG has been focusing on boosting their own…

Google Korea Searches for Deep Truths About its Poor Showing, and finds Answers?
1225일 전

I have published a number of stories about Google, Naver and Daum, the not so fair battle-ground of Korean internet, but this piece is also very worth while sharing, as it goes into great depth about the issue and also suggests that finally Google may be on the rise. The Korean hit drama series “Respond, 1994” which went off the air two weeks ago after attracting a huge following on cable TV,…

Amazon Set To Battle It Out With Korean E-Commerce Channels in 2014
1232일 전

It was recently reported that Amazon plans to enter the Korean e-commerce market in 2014, potentially posing a major threat to existing domestic services and promising to further globalize the online shopping experience that has until now been dominated by domestic players. “As far as I know, Amazon is currently preparing to enter the Korean market,” an industry source said, adding that local companies are gearing up for a possible showdown with…

Naver & Daum Self-Administer Financial Punishment For Abusing Market Position
1239일 전

Naver and Daum have made a tentative decision to shell out millions of dollars as a form of self-penance for abusing their market dominance in Korea’s internet portal industry, according to the Fair Trade Commission yesterday. As we have reported several times recently their has been concern voiced about the increasing dominance of the two companies in the Korean internet search market. The money will be spent in ways that benefit Internet…

Korea Stumbling Towards Monopolistic Situation In Internet Search – Google Nowhere To Be Seen
1337일 전

The Background For those who don’t know it, the internet situation in South Korea is very different from what you might expect. Most impressively, Google, only claims around a 2% share of the search market. So who services this population of 50M, one of the most connected and tech savvy in the World? Naver, a subsidiary of Korea’s largest internet company NHN Corp, has controlled over 70% of the Korean search market…

What’s Up In Korea This Week? [29. May]
  ·  1457일 전

*Remember folks, Wednesdays are your ‘Weekly News’ day! Cymera Tops 20mil. In Downloads So Cymera is kind of a big deal now – they just topped 20 mil. in downloads. We wrote about this earlier (maybe a week ago). On May 13, Cymera passed the 10 million mark in downloads outside of the Korean peninsula, proving popular in Thailand and Taiwan. SK Communications SNS affiliate said that the number of downloads recently…

beSUCCESS 3 Morning Reads [29. May]
  ·  1457일 전

Howdy world citizens! Here are some morning reads for you today, good-to-go either on a train, a bus, over a cereal bowl (or another bowl, if you know what I mean)… whatever you desire, I supply ya. It’s Wednesday! Keep it up! Whatever you do, don’t be this guy. Weekend’s almost here! 1. Thomas Clayton: Bidding war between Tencent and LINE for Kakao Great article by Product Manager and Senior Writer at e27,…

Will Samsung Be The First To Release Tizen Phones? On The Samsung-Google Alliance
  ·  1521일 전

Samsung has developed to become the world’s biggest handset maker since the introduction of its Galaxy S smartphone series equipped with Google’s Android mobile operating platform. In contrast with Apple’s iOS, Samsung strengthened its partnership with Google for the Android mobile operating system which boasted being open platform. However, it seems that things may change with the demand for an improved variety of mobile platforms from handset manufacturers as well as mobile carriers.

Korean Mobile Operators Help Predict Future Global Trends
  ·  1543일 전

The likes of KT, SK Telecom and LG Uplus are the indicator of what was going to come from other operators of the world. Korean mobile operators have become the measurement for deciphering global trends. Needless to say, the profile of Korean carriers has increased significantly since 2011 when LTE networks were set up.

Samsung Invests In OpenX, Creator Of Private Mobile Exchange Platform
  ·  1571일 전

Recently, Samsung Venture Investment led a Series E investment round totaling US$ 22.5 million with a software provider, Open X Software Ltd, the creator of Samsung’s private mobile exchange platform. The investment aimed to enable ‘the global expansion of the company’, especially into mobile, as it competes with rivals such as search giant Google.

[Weekly News] What’s up in Korea? (9. Jan)
  ·  1597일 전

beSUCCESS covers weekly news in Korea, 9 Jan.