K-Startup Grand Challenge Demo Day
Scope
Date
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Venture capital
VC firms queue up for IPOs as startup valuations soar
A slew of South Korean venture capital firms are knocking on the doors of the domestic stock market, with startup investments hitting the jackpot am...
Apr 23, 2021 (Gmt+09:00)
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Korean startups
Startup valuations surge; driven by Coupang effect and VC boom
In September 2019, South Korea-based mobile marketplace platform Danggeun Market received 40 billion won ($36 million) from venture capital firms wi...
Apr 23, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha challenges monopoly in S.Korea’s nitric acid sector
South Korea’s industrial nitric acid sector, currently led by Hu-Chems Co. with around a 90% market share, will see a change in the competitiv...
Apr 21, 2021 (Gmt+09:00)
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Energy
Hyundai Motor, BTS celebrate Earth Day with hydrogen campaign
South Korea’s top automaker Hyundai Motor Co. and global K-pop boyband sensation BTS have collaborated to urge people to protect the environ...
Apr 21, 2021 (Gmt+09:00)
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K-pop
Entertainment shares to soar in Q2 following BTS, Blackpink comeback
South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such ...
Apr 16, 2021 (Gmt+09:00)
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Entertainment
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Apr 14, 2021 (Gmt+09:00)
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Archegos scandal
Ex-Samsung startup head's Archegos job ends after 3 mths
A former startup investment head of Samsung Electronics Co. has wrapped up his brief career in the asset management industry, following Archegos C...
Apr 12, 2021 (Gmt+09:00)
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Korean startups
Fresh food logistics startup Team Fresh secures 30 bn won in Series C
South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...
Apr 05, 2021 (Gmt+09:00)
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IPOs
Metaverse startups enjoy unrivaled attention on Kosdaq
South Korea’s virtual reality (VR) and augmented reality (AR) companies are rushing to get listed on the Kosdaq, as betting on metaverse stock...
Mar 31, 2021 (Gmt+09:00)
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Korean startups
D.CAMP ramps up support for Korean startups' foray abroad
D.CAMP, the largest non-profit foundation for startups in South Korea, plans to offer enhanced support for local startups' eyeing overseas expansion...
Mar 24, 2021 (Gmt+09:00)
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Korean games
Tencent increases appetite for Korean gaming startups
Chinese technology giant Tencent Holdings has been gobbling up South Korean gaming startups that have yet to launch their first products, a move see...
Mar 23, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix at crossroads, challenged by underdogs
South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...
Mar 14, 2021 (Gmt+09:00)
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K-pop
Growing fandom of BTS, other K-pop idols revives album market
In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...
Mar 14, 2021 (Gmt+09:00)
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K-pop
Spotify, Kakao settle licensing dispute; K-pop returns to platform
Spotify Technology S.A., the world's largest music streaming service, has reached a licensing agreement with Kakao Entertainment Corp., to make musi...
Mar 11, 2021 (Gmt+09:00)
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Korean startups
S.Korean startups' combined valuation tops $150 billion
South Korean startups' combined valuation has topped 170 trillion won ($150 billion), accounting for nearly half of the country's junior bourse Kosd...
Mar 10, 2021 (Gmt+09:00)
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Venture capital
Seed investors shy from investing in early stage startups amid pandemic
Early stage startups are almost always risky ventures, promising but unprofitable, and far from market-ready – often making it challenging to ...
Mar 03, 2021 (Gmt+09:00)
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K-pop
Fresh attempts to produce K-pop boy bands abroad raise eyebrows
Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...
Feb 24, 2021 (Gmt+09:00)
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IPOs
Kakao's edtech startup eyes 2022 listing
South Korea-based edtech startup Yanadoo is the latest affiliate of Kakao Corp., the country's largest messaging app operator, to prepare for an ini...
Feb 22, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific, Shopee ink partnership for Southeast Asian market
Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...
Feb 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Match Group buys Korean video chat startup for $1.73 bn
Match Group, the operator of the world’s largest dating app Tinder, has agreed to buy 100% of South Korea’s leading video chat startup...
Feb 10, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Entertainment
K-pop labels' revenue model shift to usher in new valuations
South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...
Feb 03, 2021 (Gmt+09:00)
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Korean food
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...
Feb 02, 2021 (Gmt+09:00)
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Future mobility
Hyundai, KDB launch fund to foster mobility startups
Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...
Feb 01, 2021 (Gmt+09:00)
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Tech, Media & Telecom
YouTube enters K-pop streaming scene; competition heats up
Google Inc., the operator of the world’s largest streaming platform YouTube, has entered the growing local online concert scene, heralding fie...
Feb 01, 2021 (Gmt+09:00)
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Mergers & Acquisitions
US auto startup set to buy 51% of Ssangyong Motor for $250 mn
HAAH Automotive Holdings Inc., a US automobile distributor, is planning to inject $250 million into South Korea's Ssangyong Motor Co. to take a 51% ...
Jan 29, 2021 (Gmt+09:00)
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Korean startups
Startup foundation D.CAMP generates $6 bn in economic value
D.CAMP, South Korea's largest non-profit foundation for startups, has generated 6.7 trillion won ($6 billion) in economic value, including 32,523 ...
Jan 29, 2021 (Gmt+09:00)
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Partnerships
Naver, Big Hit, YG join forces to conquer K-pop fan community market
The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...
Jan 28, 2021 (Gmt+09:00)
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Upcoming IPOs
Naver-invested startups line up for IPOs; market seems welcome
South Korean startups invested in by top online portal Naver Corp. are gearing up for debuts on the local bourse amid expectations of a welcome mark...
Jan 25, 2021 (Gmt+09:00)
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Entertainment
K-content shares rise as OTTs bask in success of dramatized webtoons
Korean content providers' shares are emerging as some of the best to buy as competition heats up among global over-the-top (OTT) services such as Ne...
Jan 20, 2021 (Gmt+09:00)
Latest News
- 1 Google to invest $100 mn in Gentle Monster in smart glasses push
- 2 Growth equity portfolio largely shielded from policy headwinds: Summit
- 3 Naver Financial seeks to acquire S. Korean real estate data platform Asil
- 4 KakaoBank shares surge on Thai virtual bank approval
- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma