You need only check out professional eaters on YouTube or Psy’s latest video to see that eating is a national obsession in Korea. What’s more, metropolitan Seoul is active 24 hours a day and is home to around 26 million people. Taking this into account its not surprising that the market size for the restaurant sector is around $60Bn per year, with more than 500,000 restaurants open for business. The area of…

Imagine if department stores in busy urban shopping districts could lock-in customers travelling into the area, before they even arrived. Kimgisa, a navigation app developed by Korean startup locNall aims to be the No. 1 player in the navigation and location-based marketing industry in Asia and make that marketing dream a reality. The team has already started working with large clients like Incheon International Airport to deliver targeted marketing to airport visitors…

As reported by SD Japan, Seoul-based LOC&ALL, the startup behind car navigation app Kimgisa, has raised $2.7M from Japan’s CyberAgent Ventures and two Korean investment firms, Neoplux and Partners Venture Capital. Prior to this round, the company had raised seed funding $930,000 from Partners Venture Capital in January. With these new funds, they plan to intensify their engineering and marketing efforts with the initial goal of expanding to Japan, with Mainland China and Indonesia to follow later….