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‘A-33 Studio,’ A Seoul Based Gaming Startup, Aims To Revolutionize Moble Gaming

K Cube Ventures recently announced a $700,000 investment into mobile game developer ‘A-33 Studio.’ With this investment A-33 Studio will focus on ramping up their mobile FPS game production and aim to be ready to release…

807일 전
Korean Government Plans Easing of Fintech and IoT Regulations To Encourage Growth

As reported by Business Korea, the  Korean government recently announced that it plans to relax regulations on new innovation-driven industries, including as financial technology (fintech) and the Internet of Things (IoT). This is a positive regulatory signal…

807일 전
Opportunities And Threats In Korea’s Blossoming E-Commerce Market

Social Commerce In Korea Is A hot Topic These Days With Coupang’s Recent $300 Million USD Fundraise – Here’s a Review of the Market from our friends at Business Korea. In May 2010 social commerce arrived in…

808일 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…

808일 전
Yellow Mobile’s Location-Based SNS ‘1km’ Targets Global Market With International Version

Yello Mobile’s location-based SNS ‘1km’ has announced the launch of their international version, which now supports ten different languages including English, Chinese, Spanish, and Thai. Riding the current of ‘Korean-Wave’, they are targeting South-east Asian and…

811일 전
DEV Korea’s New Accelerator Holds First Demo Day In Seoul, Showcases Eight Startups

DEV Korea’s Startup Acceleration Program ‘Start it Up in New York’ Demo Day will be held in seoul this afternoon. DEV Korea is one of a growing number of domestic and international accelerators in Seoul that…

812일 전
Coupang, Korea’s Top E-Commerce ‘Startup’ Closes $300 Million USD From BlackRock

“We want to be the Amazon of Korea. We are the largest online retailer here, and we’re one of the most well-funded tech companies in Korea.” CEO of Coupang, Bom Kim in an interview with Forbes To…

812일 전
Couples App ‘Between’ Hits 10 Million Global Downloads, Celebrates Three Years In Operation

Two weeks after the third anniversary of founding Between, the world’s largest social network for couples, has hit a major milestone, achieving 10 million global downloads. Since launching 3 years ago, Between has enjoyed 100% year-on-year…

813일 전
Korean Tech Startups and SMEs Lost USD$5.6 Billion in Unprotected IP Between 2011 & 2013

According to the Korea Small Business Institute, small and medium enterprises running their own research institutes suffered from a technology outflow worth $5.6 billion between 2011 and 2013. The amount was equivalent to 58% of their…

813일 전
KakaoTalk Answers User Concerns Over Privacy, Adds ‘Secret Chat’ Function

Perhaps in response to user concerns around privacy, Daum Kakao has just introduced ‘Secret Chat’ mode and ‘Decline Invites’ features for their KakaoTalk messenger, adding a higher level of privacy to the service. The new features…

814일 전
CEO of Baedal Minjok Talks About How He Raised $36 Million From Goldman Sachs [Part 2]

This is part two of this story. Part 1 here In 2010 when Bong-jin Kim left’ Naver’ (Korea’s primary online search portal), he had no idea about Venture Capital or ‘Exit’. Additionally, he had no interest in…

814일 전
CEO of Baedal Minjok Talks About How He Succeeded In Raising $36 Million From Goldman Sachs [Part 1]

In 2010 when Bong-jin Kim left’ Naver’ (Korea’s primary online search portal), he had no idea about Venture Capital or ‘Exit’. Additionally, he had no interest in global expansion. He built his startup to focus on…

815일 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…

820일 전
Korean eBook Store Ridibooks Just Raised $8 million In Series B investment

eBook store ‘Ridibooks’ just announced an $8 million investment from Neoplux, Atinum Investment, Company K Partners, and Mirae Asset Ventures. Ki-sik Bae, a representative from Ridi Corporation has gained notoriety in the local publishing market as…

820일 전
beSUCCESS Talks With Tapjoy & 5Rocks About Their Recent Merger, And Ongoing Integration

  “The Core of Mobile Advertising is Demand Estimation” Tapjoy, the company that recently acquired 5Rocks talked with a beSUCCESS editor about their first jointly produced product. In August this year mobile game analytics company 5Rocks…

821일 전
One of Korea’s Top Accelerators – KStartup

“The upcoming two years will be a defining point for the Korean startup ecosystem” KJ Byeon, KStartup Started as a pilot program in 2012, Kstartup officially launched in January 2013 and is now regarded as the biggest acceleration…

  ·  823일 전
One of Seoul’s Top Accelerators – DEV Korea

Another promising initiative is Digital Entertainment Ventures (DEV). Launched in New York in 2012, DEV focuses mainly on media, entertainment and platform businesses, and only recently expanded to Korea. According to Kaine Kim the Co-CEO of…

  ·  824일 전
One Of Korea’s Top Accelerators – Sparklabs

“What separates us from other accelerators in Korea is the fact that we focus on global startups. You might say that everyone wants to go global, but startups in Korea are very focused locally.”                                                                                     …

  ·  825일 전
Startup And Entrepreneurship Events In Seoul, Korea: November – December

As Seoul establishes itself as one of the key hotspots in Asia for startups and entrepreneurs, a large number of events aimed at entrepreneurs are springing up to support this growth. Here is a calendar of…

825일 전
AsiaBeat 2014 Lands in Taiwan December 1-2 – Check Out The Ten Korean Teams Participating

Asia Beat 2014 is a 2-day event held in Taipei, Taiwan. Primarily it is a VC networking and Asian startup event  funded by startup related government institutions in Taiwan, as well as media and business consortiums…

825일 전