digital platform government
Scope
Date
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E-commerce
Kurly seeks fresh funding at half its peak valuation
Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches cloud-based engineering platform
KT Corp., South Korea's largest telecommunications company, announced the launch of its cloud-based high-performance engineering platform service on...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea invests $763.4 mn in strategic tech IP like aerospace, robotics
The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...
Apr 03, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...
Mar 31, 2023 (Gmt+09:00)
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Electronics
LG Display to focus on automotive screens for turnaround
LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean firms' digital transformation more than a step behind Western: Report
A research report has shown that the level of digital transformation among South Korean companies is lagging behind that of European and American co...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver to aid in Saudi’s digital transformation, green light for Neom deal
South Korea’s online business giant Naver Corp. said on Thursday it has signed an initial agreement with the Saudi Arabian government to assis...
Mar 30, 2023 (Gmt+09:00)
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Fintech
LINE, Mizuho call off plan to set up mobile-only bank in Japan
LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveil...
Mar 30, 2023 (Gmt+09:00)
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Bio & Pharma
Biosimilar giant Celltrion to transform into drug developer
South Korean biosimilar giant Celltrion Group aims to transform into a drug developer by generating 40% of sales from new medicines by 2030 as it is...
Mar 29, 2023 (Gmt+09:00)
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Pension funds
NPS to launch committee for portfolio firms' governance improvement
South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...
Mar 29, 2023 (Gmt+09:00)
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Banking & Finance
Clearstream acquires QFI status from S.Korea's National Tax Service
Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...
Mar 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks launches API marketplace platform API Plex
CJ OliveNetworks, an ICT subsidiary of South Korea's CJ Group, said on Tuesday that it has launched an application programming interface (API) marke...
Mar 29, 2023 (Gmt+09:00)
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Artificial intelligence
Kakao will launch Korean-specific vertical AI in year's first half
Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, by the first half of the year will launch an...
Mar 29, 2023 (Gmt+09:00)
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Electric vehicles
Kia EV9 boasts 336-mile target range in digital world premiere
Kia Corp.’s second all-electric sport utility vehicle EV9 made its global premiere virtually on Tuesday, boasting a target driving range of 54...
Mar 29, 2023 (Gmt+09:00)
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Bio & Pharma
Kobiolabs, Kakao Healthcare to explore microbiome-based precision medicine solutions
Kobiolabs Co., South Korea's new drug development company for microbiomes, announced on Tuesday that it has signed a memorandum of understanding for...
Mar 29, 2023 (Gmt+09:00)
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Logistics
Hanjin launches global C2C purchase platform Hoot Town
Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...
Mar 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK seek dialogue with China at Boao Forum
BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...
Mar 28, 2023 (Gmt+09:00)
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Retail
NHN Commerce chosen as imported goods supplier by China's Douyin
NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...
Mar 28, 2023 (Gmt+09:00)
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Webtoons
Piracy of S.Korean webtoon surges amid content boom
The South Korean industry of webtoons, or digital comics, has seen its original content illegally posted on foreign websites over the past few years...
Mar 27, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests
South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...
Mar 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, Aramco to cooperate in using industrial 5G tech
Samsung Electronics Co. and Saudi Aramco announced on Friday the signing of a strategic cooperation memorandum of understanding aimed at localizing ...
Mar 24, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Amorepacific opens new space in metaverse
Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...
Mar 24, 2023 (Gmt+09:00)
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Korean startups
S.Korean fashion platform Ably attracts $39 mn before Series C round
South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...
Mar 23, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility buys UK ride-hailing startup Splyt for global biz
South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...
Mar 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT, Amano Korea join hands to develop smart parking solutions
South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control system specialist Amano K...
Mar 22, 2023 (Gmt+09:00)
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E-commerce
S.Korea's Oasis posts surplus for second straight year
South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...
Mar 22, 2023 (Gmt+09:00)
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Real estate
Yanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...
Mar 22, 2023 (Gmt+09:00)
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Fintech
Apple Pay to shake up S.Korea's digital payment market
The launch of Apple Pay in South Korea on Tuesday is poised to shake up the country’s digital payment market as the sector leader Samsung Pay ...
Mar 21, 2023 (Gmt+09:00)
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Korean startups
Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business
Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...
Mar 21, 2023 (Gmt+09:00)
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Bio & Pharma
Korea’s Micro Digital to supply bioreactors to major US firm
Micro Digital Co., South Korea’s only bioreactor maker, is set to ink a supply deal with a major US biopharmaceutical producer to expand its g...
Mar 21, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess