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Zikto, A Hardware Start-up From Seoul Secures $50k On KickStarter In First 24 hours

The proverbs say a good beginning is half the battle. Based on this Zikto is well on their way to success, having reached half of their KickStater goal on the first day. Update: On November 25…

828일 전
Mobile Ad-Platform ‘MOCOPLEX’ Is Cashing In Big On Ad-Tech, Partners With San Francisco Based SMAATO

Seoul based MOCOPLEX has recently announced a strategic alliance with SMAATO, an Ad specialist company based in San Francisco. The partnership will leverage the unique expertise of each partner, while expanding their reach by combining Ad…

838일 전
Samsung Gear VR, In Partnership with Oculus VR, Set To Launch In U.S. Next Month

  Samsung has recently announced that it plans to launch its first virtual reality headset in the U.S. in December 2014. According to a company statement it will then gradually expand the service into other countries….

838일 전
DaumKakao Launches Korea’s First Mobile Money Transfer Service

Daum Kakao has finally launched its mobile money service, BankWalletKakao, a service allows users to spend up to $450 per day and transfer up to $90 per day. A number of other major players are likely…

839일 전
Korean Game Designer Raises Over $100 Million Investment From LINE – Tencent Consortium

4:33 Creative Lab, a top Korean mobile game designer, has joined hands with two of the world’s largest mobile messengers, Tencent and Line Corp. The enormous investment of 1,300 billion won (around $100 million USD) will…

841일 전
Despite Being The Most Wired City, Seoul Lags in The ‘Networked Society City Index’

Networked Society Lab published their “Networked Society City Index” report measuring the ICT maturity of the world’s major cities at the 2014 Business Innovation Forum recently held in Stockholm, Sweden, reported Business Korea. Stockholm, Sweden ranked…

841일 전
Yello Mobile Announces $100M Investment From Formation 8, Achieves $1Bn Valuation

Yello Mobile has today announced an investment of just over $100M from Formation 8 Partners . The investment was made as a result of Yello Mobile’s opportunity to continue to grow into overseas markets. It is…

842일 전
The World’s Most Wired ‘Smart City’ Partners with SparkLabs’ Internet of Things Program

SparkLabs, one of Korea’s leading accelerators, has signed a partnership agreement with the company behind South Korea’s $35 billion Songdo International Business District to launch their new Internet of Things (IoT) Accelerator in Songdo in early…

846일 전
Common Values Trump High-Tech, The Case Of Korean Startup ‘Lineable’

“Protect our children together,” calls Lineable, a new wristband that helps track missing children. The device was developed by a Korean startup, yet the slogan has resounded with parents across the globe. What is Lineable? Lineable…

847일 전
Check Out These Two Korean Gaming Startups That Got Funded Today

Gaming in Korea has enjoyed around 15 years of great success. Among Korea’s top performing gaming ‘startups’ of the last 15 to 20 years are several that have achieve well over billion dollar valuations. These include…

848일 전
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
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
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
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