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TheVentures invests into insurance reversebid company MyRealPlan

If you’ve ever experienced the frustration in finding the right insurance plan then MyRealPlan is the solution you’ve been waiting for.  Of course, finding the right insurance plan is just the start, you then need to…

554일 전
Korean travel startup, MyRealTrip receives investment from Silicon Valley company AltosVentures

  Korean travel tour and activity startup, MyRealTrip has revealed that it had secured additional investment through Silicon Valley company AltosVentures. For MyRealTrip, this new investment comes 1 year after the combined US$840 thousand investment from SmileGateInvestment…

555일 전
Korean food delivery app Yogiyo receives additional investment of US$35 million from DeliveryHero

  On the 25th August, it was revealed that Yogiyo a popular food delivery service app in Korea had received further investment of $35 million from DeliveryHero.  DeliveryHero is a German company that provides online food service…

555일 전
Korean entertainment culture site, Soompi, acquired by Viki

Korean entertainment site Soompi has been acquired by Viki in a deal rumored to be less than US $10M. Viki was a startup that was purchased by Rakuten in a huge US $200M deal. This time,…

561일 전
Wemakeprice lands $85M investment with NXC / Nexon

  On August 17th, Wemakeprice a company dealing with social commerce, announced it had raised a total of $85M following the third release of its shares through NXC. Through this investment, Wemakeprice plans to seek the necessary…

563일 전
Daum Kakao Accelerates Mobile Innovation; shifts from current Co-CEO structure to single CEO

Daum Kakao announced that it nominated Ji Hoon Rim, current CEO of K Cube Ventures, as the new CEO of Daum Kakao. In order to swiftly drive change and innovation in the rapidly evolving mobile era, the…

569일 전
East Gate Partners LLC invests 700M Korean won in Kmong, a talent marketing company

  Talent marketing company Kmong has successfully secured 700 million Korean Won (US $809,000) from East Gate Partners LLC, the fund management company leading Daum Kakao’s youth foundation investment trust. Kmong offers a platform for talent acquisition….

573일 전
KakaoTalk Introduces In-chat Search Feature, KakaoTalk #Search!

Daum Kakao Corp., provider of Korea’s number one messaging app KakaoTalk, today announced the official launch of #Search (pronounced ‘sharp search’) and Channel for KakaoTalk. #Search allows users to search and share information directly from the…

610일 전
Soft Bank Ventures invests into internet publishing company, Brave Company.

On the 23rd August, Soft Bank Ventures confirmed their decision to invest into Brave Company is an internet publishing company. This investment is worth US$670k made up of $420k from Capstone Ventures and $250k from Soft…

618일 전
SparkLabs 5th Batch’s Demo Day Reflects Korea’s Continued Startup Hot Streak

SparkLabs (www.sparklabs.co.kr), Asia’s leading startup accelerator, is hosting their fifth demo day in Seoul, Korea. With over 1,700 people registered to attend, startup fever in South Korea is reaching an all-time high. “We expect to break…

618일 전
Restaurant discovery service MangoPlate secures additional 6.7 billion KRW from global investors including Qualcomm

Seoul-based restaurant recommendation service MangoPlate secured 6.7 billion won ($6 million) in funding from a group of global investors of Qualcomm Ventures, Softbank Ventures Korea, and YJ Capital, the venture investment unit of Yahoo Japan. With the latest…

618일 전
East Gate Partners invests $585 k into used car app Chutcha

Chutcha is a used car app developed and serviced by Mr Pick.  In the use car O2O space, it is widely known as a market leader. Mr. Pick through their extensive experience in online platforms, provides…

622일 전
Korean Robot, Team KAIST, Wins $2M Prize in DARPA Challenge

A robotics team from South Korea took home the $2 million first-place prize in a competition this weekend to design robots that could aid humans in a natural or man-made disaster. The team is a collaboration…

632일 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
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
Banks and Fin-tech Start-ups: Unite and Thee Shall Live, Scatter and Thee Shall Die

Korea’s Financial Services Commission has recently abolished the Security Review System that has curbed the growth of the domestic fin-tech industry. Now local experts are heralding the start of a Golden Age of development in the…

757일 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