Korean VCs look for next Grab, Gojek startups in Singapore
South Korea’s leading venture capital companies with at least 1 trillion won ($711 million) in assets under management are looking for promisi...
S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US
NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...
Startup minister vows to support Korean firms' entry into overseas markets
South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...
Growing Korean corporate VCs provide silver lining to startups
South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...
CJ OliveNetworks to expand fandom platform services
CJ OliveNetworks Co., a South Korean digital software developer, has joined hands with bemyfriends, a startup specializing in the global K-pop fando...
Squid Game wins Emmy awards for best actor, director
LOS ANGELES, California -- Netflix mega-hit Squid Game star Lee Jung-jae and creator Hwang Dong-hyuk each bagged an Emmy trophy Monday night in Los ...
Business magnates' startup investment fraternity V-Society going strong
Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...
South Korean government slashes fund of funds budget by 40% on-year
The South Korean government is facing a backlash from the startup and venture capital sectors after slashing next year’s fund of funds budget....
South Korean gamers mobilize offline to make their voices heard
Angered by what they deem to be an unfair rewards system and poor customer service, South Korean players of Kakao Games Corp.’s Japan-created ...
PlayTogether ranks 2nd in global metaverse game apps
Metaverse game platform PlayTogether, operated by South Korean game developer Haegin Co., ranked second in global metaverse app downloads during the...
Startup accelerator D.Camp marks 100th demo day
Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...
Com2uS announces plans to build real-life-like metaverse platform
South Korea’s Com2uS Studios, the creator of the popular game Summoners War, said on Thursday it will unveil a real-life-like metaverse platfo...
SoftBank-backed Tridge becomes South Korea’s first agriculture unicorn
South Korea’s agriculture and food trading platform Tridge Co. announced Thursday that it raised 50 billion won ($37.4 million) from DS Asset ...
Hyundai Motor Group to invest in fabless startup BOS Semiconductors
Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...
S.Korean firms adopt the x-to-earn model for data, community building
South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...
Risks of restructuring rise in Korean platform sector
South Korean platform operators are feeling cornered following rapid expansion during COVID-19 as growing risks of a global economic recession and r...
Silicon Valley-based AI startup Allganize revs up to go public in Japan
Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...
Samsung Elec. unveils Odyssey Ark, 55-inch curved gaming screen
Samsung Electronics Co. on Monday announced the global launch of Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen. 100...
NCSOFT delays key game launches, darkening H2 outlook
NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...
Korea game sector hopes for better profits with new titles
South Korea’s game developers aimed to improve earnings with the release of new titles in the second half after reporting disappointing quarte...
Kurly enters Singapore grocery market, targeting SE Asia
South Korea’s Kurly Inc., the operator of grocery delivery service Market Kurly, made inroads into Singapore with an aim to expand its busines...
Samsung’s new foldables: High-stakes game changers in smartphones
Samsung Electronics Co. on Wednesday unveiled its fourth-generation foldable phones – new additions to its high-end line of Galaxy Z Fold and ...
NXP expands cooperation with Korean security startups
NXP Semiconductors NV, a global leading automotive chipmaker, is expanding partnerships with South Korean security startups to secure new semiconduc...
Oasys aims to be blockchain gateway for S.Korean game developers
Singapore-based Oasys has an ambitious goal to revolutionize the gaming industry by making blockchain games cheaper to develop and faster to play &n...
Lotte Chilsung to tie up with startups for vegan drinks
South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...
South Korean firms bullish on hiring developers from India, SE Asia
Travel startup Storicity Inc. tried for a year to find a developer in South Korea – to no avail.But when it expanded its search abroad through...
DeFi platform Neopin unveils plan for Web 3.0, NFT, multichain services
Blockchain firm Neopin announced its strategy to strengthen its foothold in the global DeFi Market on Thursday with four keywords: Web 3.0, multicha...
Kakao Games posts record-high operating profit in Q2
Kakao Games Corp., the game publishing unit of South Korean web service giant Kakao Corp., said on Wednesday it achieved record-high operating profi...
Chinese game Genshin Impact's summer fest draws large crowds in Seoul
Shanghai-based game developer and publisher miHoYo Co. on Wednesday wrapped up its well-attended week-long Genshin 2022 Summer Festival in Seoul.&nb...
Popular app operators in South Korea race to create super apps
App operators in South Korea are in stiff competition to create super apps – as clear winners have emerged in different business sectors.The d...
