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SoCar Members Reaches 500 Thousand, Expected to Go Over 1 Million This Year

The number of members of SoCar, the largest car sharing community in Korea, passed 500 thousand members last year. According to SoCar, the cumulative number of car sharing members is around 500 thousand members, which is…

772일 전
Jobplanet Acquires $8.3 million USD from Qualcomm, Altos, and Bon Angels

Jobplanet, korean company assessment platform, announced on the 14th that they acquired total 8.3 million USD from Qualcomm Ventures, Altos Ventures, and Born Angels. Job Planet had initially received 2 million USD from Born Angels and…

776일 전
‘Ti In Coop VC Association’ for Travel and Leisure Startup Launched

‘Tin In Coop Venture Capital Association’ specialized for travel and leisure start-ups, launches on January 15. For the first time in Korea, representatives of Korean travel agencies and related field, as well as commerce platforms are…

776일 전
Mobile Game Company ‘Eight Panda’ Raises $2.4 million

On January 13, Eight Panda, a korean mobile game company, announced that they raised $2.4 million as development fund from Korea Investment Partners and Ankang Venture Investment. Eight Panda consists of developers with the experience in…

777일 전
DaumKakao Kickstarts ‘KakaoTaxi’, Drivers’ App

DaumKakao has launched the driver’s version of ‘Kakao Taxi’ Android app on the 13th. This application is a prerelease version to recruit drivers before  launching the passengers’ version of the app. Any registered taxi drivers can…

778일 전
Analysis of Top 5 Korean Domestic Accelerator

Often young startups face difficulty in making decisions when they look for the right source for incubating and investments. Even if you are lucky enough to find a VC, explaining your product to someone who has…

779일 전
[beSUCCESS Recruiting 2015] English Reporter Needed Now

Full time job (after 3 months internship) & Part time Working in HQ of beSUCESS in Seoul, South Korea Main Task : Korean and Global IT, Tech, Startup Reporting, Writing and Editing Articles Key Responsibility : Fluent Enough…

783일 전
IT Distribution Startup ‘Mesh Korea’ secures 4 Million Dollars

B2C distribute portal service Mesh Korea (CEO Jeung-bum Yu) announced total of 4 billion won (roughly $4 million USD) of investment from multiple investors including EG Partners (Daumkakao Young Adult Startup Investment Union). In addition to…

785일 전
Baedal Minjok Breaks 5 Million Monthly Order Mark

On last month, Woowa Bros. (CEO Bong-jin Kim)’s delivery app ‘Baedal Minjok’ reached their best record as they surpassed 5 million monthly orders. On December 2014, the report shows 5.2 million delivery counts, a 20% increase…

785일 전
FAST TRACK ASIA Acquires 8 million dollars from Insight Ventures and Wonder Holdings

Company builder Fast Track Asia announced their 8 million dollar funding from Wonder Holdings and Insight Venture Partners of United States on the 5th. This is the second investment under Wonder Holdings’ lead and participation of…

786일 전
Daumkakao Buys Smart Alarm Note Startup ‘Kids Note’

Daumkakao announced the announcement for their buyout of ‘Kids Note’, a smart alarm notification service for daycare services. Daumkakao now owns 100% of the share and Kids Note became the subsidiary company. Kids Note is a…

786일 전
‘WEMAKEPRICE’ Expected to Surpass Coupang After Purchasing Ticket Monster?

This year, Coupang reached the top of the social commerce game with two major investments. In order to chase Coupang ‘WEMAKEPRICE’ announced their buyout of Ticket Monster (TMON). There was reserved bidding session for TMON until…

787일 전
Tech Startup Support Plan Program, ‘2015 TIPS’ Announced

On January 2nd, Small and Medium Business Administration revealed their startup support plan, 2015 TIPS. TIPS is a technology startup support program designed to attract more private investments. Through angel investors from major corporate, TIPS selects…

787일 전
Coupang Is Acheiving ‘Viral Growth’ Months After Raising $300 Million USD From BlackRock

As reported by Coupang’s President Bom Kim, his four year old ecommerce company has surpassed monthly turnover of 200 billion won (a little shy of $200 million USD). While the comapny started life as a daily…

799일 전
Top Business Card Organizer ‘Remember’ Secures $2 Million USD

Jae-ho Choi CEO of Drama & Company has announced that their business card organizing app ‘Remember’ has secured $2 million USD from Daekyo Investment, CyberAgent Ventures, and Capstone Partners. This is the second round of funding…

799일 전
Jandi Helps You Effectively Communicate With Your Team, Raises $2 Million USD Angel Funding

  As announced in Sparklabs Bi-Monthly Review, Korean startup Jandi confirmed that it has raised an angel round of nearly US$2 million, co-led by Softbank Ventures and Cherubic Ventures. Jandi is a business communication platform for PC,…

800일 전
SK Innovation And Woowa Bros Picked Among Korea’s Best Places To Work

Recently Job Planet and Fortune Korea co-hosted ‘Korea’s Top 50 Working Environments’ at the Grand Hyatt Hotel in Seoul. A studyvwas conducted of both large scale companies as well as small & medium sized enterprises, including…

800일 전
NFLabs Aims to Democratize Big Data, Raises $1.5 Million For Development And Global Expansion

After three years in operation, NFLabs, Korea’s most promising Big Data startup has raised series A funding from Big Basin Capital, Bon Angels and Coolidge Corner investment. The funding of $1.5 million USD will be primarily…

801일 전
SundayToz Initiates $30 Million USD ‘AniPang Fund’ To Support Startups

Korean gaming company ‘SundayToz’ and The Ministry of Science, ICT and Future Development and have created the ‘AniPang Fund.’ The fund will be aimed at startups in the following fields: Gaming, Social, digital content, platform based technology…

801일 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…

803일 전