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Has Samsung Finally Realised Growth Can’t Be Achieved Without Robust M&A Strategy?

As reported by Business Korea, Samsung Electronics has begun to emerge as a player in the global M&A market. In just the last six months the electronics giant, most known for its smartphones, has purchased four foreign…

848일 전
Tech Crunch Tokyo Welcomes Korean Founders To Explore Opportunities In Japan

Big market, similar culture, high ARPU, this is what you hear about the Japanese market. But is it all true? According to Jason Wi, Senior associate of Softbank Ventures Korea, 80% of their portfolio companies are…

849일 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…

850일 전
Naver Enjoys Strong Revenue On The Back Of LINE Success

Naver, Korea’s largest search portal and parent company of the popular LINE messeging application, has sustained double-digit growth in the third quarter of this year The primary reason for this is strong revenue growth in overseas…

853일 전
Pet Care In Korea Gets A Boost, As K Cube Ventures Invests In ‘Companimals’

Despite a rather dodgy name that mashes ‘companion and animals’, Companimals is showing promise, capitalizing on a rapidly growing pet market in Korea. The Seoul-based startup has just announced a $400k investment from K Cube Ventures…

855일 전
Korean Security Startup ‘Lockin Company’ Promises High End Mobile Security For Startups

Lockin Company is a Korean ‘mobile application security company’ that has targeted smaller app developers who struggle to afford the more expensive app security services from larger providers. They have recently launched their cloud-based SaaS security service….

855일 전
Rakuten Ventures’ Saemin Ahn Discusses Investment Strategy For Asia And North America

Saemin Ahn leads Rakuten Venture’s strategy and investments in South East Asia, Korea and North America. The size of the current fund is $100 million. Saemin previously led a $10 million fund focused on Singapore, Rakuten’s…

855일 전
Yes Challenge Korea For Young Asian Entrepreneurs – Last Chance to Apply

SMBA & KOVA will jointly host 2014 YES Challenge Korea in Seoul, November 16-21. This global event is designed to inspire young entrepreneurs under the slogan, “Make it possible! Yes Challenger!” Attendees will build a range of skills including…

856일 전
Mobile Game ‘Cookie Run’ from Devsisters Delivers Pay Day to Investors In ‘Secret IPO’

Devsisters, the darling of Korean gaming over the last two years has listed its stock publically in what has been one of the most down played IPOs I am aware of. In fact, so down played…

856일 전
Can Big Data Implementation In Smart Cities Resolve Issues Raised By Korea’s Ageing Population?

Korea’s rapidly-aging society, compounded by a decrease in overall population are major issues that Korea is facing. But according to Cisco System’s Dominic Scott, “the solutions lie in big data and Internet of Everything.” He was…

856일 전
This Korean Startup Is Capitalizing On K-Pop Fever, Attracts 1 Million Users in 7 months

In many countries KPop and other Korean cultural content, such as dramas and movies are all the rage. While much of this content is available on YouTube and services like DramFever and Viki, there is also…

857일 전
Stripes Brings Buying a Shirt Into The Digital World, Raises Series A Investment From Smilegate Ventures

Stripes is a personal tailoring service that has connected consumers to tailors in the offline space, through technology. They just announced series A Investment from Smilegate Ventures, in a funding round worth $1 million. This is not…

860일 전
Meet Yello Mobile, Aiming To Be Asia’s Top Mobile Platform Company [Part 2]

Only three years after the first acquisition Yello Mobile has raised $78M, is nurturing an alliance of 35 startups, is profitable to the tune of $1.5M per month and plans to IPO next year. This is…

860일 전
Korean Adaptive Learning Platform KnowRe Secures $6.8 Million From Softbank

KnowRe, a Korean education technology company with a cloud-based adaptive learning program for secondary mathematics has just secured $6.8 million in a funding round led by Softbank Ventures. KTB Network Co., LTD, Partners Investment, SparkLabs Global Ventures…

861일 전
Softbank Ventures Has Invested To Connect Korean Foodies To The Restaurants They Crave

MangoPlate announced today a series A funding round from Softbank Ventures Korea. As described on their Google Play download page, “MangoPlate is your go-to app for discovering the best restaurants in South Korea. Available in English and…

861일 전
Yello Mobile – Perhaps Asia’s most Exciting Startup Story This Year [Part. 1]

Only three years after the first acquisition Yello Mobile has raised $78M, is nurturing an alliance of 35 startups, is profitable to the tune of $1.5M per month and plans to IPO next year. This is…

861일 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,…

862일 전
Is The Korean Government Doing Too Much in Support Of Entrepreneurship?

“We look forward to another success story with startups here in Daejon,” said President Park Geun-hye during a ceremony to launch yet another innovation center in Korea. While government support for Korean startups has been impressive,…

862일 전
$1 Billion Invested In Startups As Corporates and Government Rally Behind Entrepreneurship

Sources in the Goverment have confirmed that a total of around $1 billion was invested in startups in the first nine months of the year. This represents a 9.5% increase from a year earlier. The number of…

863일 전
Korean Consumers Swing Back To Apple Thanks To Larger Screen Sizes

It has been widely reported that Apple’s market penetration has been waining in Korea, in the face of extreme local competition from Samsung and LG. However, a mobile open market research report from Goodmobile has shown…

863일 전