Kream poised to become unicorn after closing $157 mn Series C round 

Kream poised to become unicorn after closing $157 mn Series C round 

Kream, a customer-to-customer (C2C) platform for buying and selling limited-edition sneakers, is slated to close the Series C round with a 200 bil...

Stayfolio receives $7.7 mn in Series A investment

Stayfolio receives $7.7 mn in Series A investment

South Korea's property-rental platform Stayfolio announced on Wednesday that it has won 10 billion won ($7.7 million) worth of additional investment...

Korean startup Epikar succeeds in attracting series A investment

Korean startup Epikar succeeds in attracting series A investment

Epikar, a car retail digital conversion solution company, said on Thursday that it has succeeded in attracting Series A investment from a number of ...

Korean startup Mathpresso completes $59 mn Series C investment

Korean startup Mathpresso completes $59 mn Series C investment

Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...

S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A investment from Korean ven...

New drug developer Onconic Therapeutics raises $20 mn in Series B

New drug developer Onconic Therapeutics raises  $20 mn in Series B

South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...

LG Electronics' OLED evo touted as Best TV of the Year

LG Electronics' OLED evo touted as Best TV of the Year

LG Electronics Inc.' OLED Evo has been touted as "The Best TV of the Year" by several global media outlets.According to company sources on Wednesday...

Korean restaurant startup GFFG raises $23 million in Series A round 

Korean restaurant startup GFFG raises $23 million in Series A round 

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

Delivery startup VtoV raises $7.2 million from Series A round 

Delivery startup VtoV raises $7.2 million from Series A round 

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...

CJ ENM’s TVing looks beyond Korea with Yonder, other K-drama series

CJ ENM’s TVing looks beyond Korea with Yonder, other K-drama series

South Korean entertainment powerhouse CJ ENM Co.’s over-the-top streaming platform TVing is taking its original sci-fi drama series Beyond the...

DRIMAES to produce cloud-based car control platform with Qualcomm

DRIMAES to produce cloud-based car control platform with Qualcomm

Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...

LG Energy set to ink graphite deal with Australia’s Syrah Resources

LG Energy set to ink graphite deal with Australia’s Syrah Resources

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

Korea's luxury e-commerce platform Balaan completes Series C

Korea's luxury e-commerce platform Balaan completes Series C

South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...

Squid Game makes Rolling Stone's 100 greatest TV shows list

Squid Game makes Rolling Stone's 100 greatest TV shows list

Netflix original South Korean drama "Squid Game" has been selected as one of the 100 greatest TV shows of all time by US music and pop culture magaz...

LG Energy, KT join KED’s top 30 Korean innovator list

LG Energy, KT join KED’s top 30 Korean innovator list

KT Corp. and Studio Dragon Corp. have joined the ranks of South Korea’s most innovative companies thanks to their creation of cultural produ...

Squid Game wins Emmy awards for best actor, director

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 ...

Samsung set for record Q3 profit on iPhone 14 series shipments

Samsung set for record Q3 profit on iPhone 14 series shipments

Samsung Display Co. is expected to report its strongest results for the current quarter, after the South Korean OLED panel maker sharply increased s...

SoftBank-backed Tridge becomes South Korea’s first agriculture unicorn 

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 ...

China's high entry barriers for Korean films, dramas

China's high entry barriers for Korean films, dramas

“Oh! My Gran” was the only South Korean movie to hit the big screen in China in the past year. It was also the first Korean film to be p...

Samsung Biologics, Samsung C&T extends investment in US biotech firms

Samsung Biologics, Samsung C&T extends investment in US biotech firms

The Life Science Fund, jointly launched by Samsung Biologics and Samsung C&T Corp., announced Wednesday it invested $15 million in US biotech fi...

Home decoration app O!House launches a beta version in Japan

Home decoration app O!House launches a beta version in Japan

“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...

Megazone Cloud receives $343 mn from MBK, IMM PE in Series C funding

Megazone Cloud receives $343 mn from MBK, IMM PE in Series C funding

Megazone Cloud Corp., South Korea’s largest managed cloud service provider (MSP), has completed its Series C funding round with a combined 450...

Online study assistant operator Bebridge receives $1.9 mn in pre-Series A

Online study assistant operator Bebridge receives $1.9 mn in pre-Series A

South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...

Warehouse robotics maker Floatic raises $2.6 million in pre-Series A

Warehouse robotics maker Floatic raises $2.6 million in pre-Series A

Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...

Naver's Kream buys stake in Malaysian resale platform

Naver's Kream buys stake in Malaysian resale platform

Kream, the resale platform of South Korea’s online portal Naver Corp., has agreed to buy a stake in Malaysia’s biggest sneaker resale co...

Hansol Paper joins Series A funding for RIU worth $1.5 mn 

Hansol Paper joins Series A funding for RIU worth $1.5 mn 

Hansol Paper Co. announced Thursday that it participated as a strategic investor in a Series A funding worth 2 billion won ($1.5 million) for South ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale