Korean government to finance $625 million for K-content in 2023

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Caliverse, KT Alpha join hands to add K-pop to metaverse

Caliverse, a subsidiary of Lotte Data Communication, said on Thursday that it has signed an agreement to expand the range of immersive metaverse con...

K-defense sector to reach annual export of $16 bn for two consecutive years

The South Korean defense market is forecast to sign export contracts worth more than 20 trillion won (15.7 billion) combined this year on the back o...

Blackpink's 'Ddu-du Ddu-du' music video surpasses 2 billion views

K-pop girl group Blackpink's “Ddu-du Ddu-du” music video has surpassed 2 billion views on YouTube on Wednesday, its record label YG Ente...

Ideahub to launch new platform for individual investors of patents in Q1

In the next three months, South Korea's Ideahub is poised to launch a platform on which individual investors can also invest in patents.If all goes ...

K-BBQ brand Mapo Galmaegi signs agreement to get halal certification

South Korean food service enterprise Didim E&F said on Monday that its Korean barbecue brand Mapo Galmaegi signed a business agreement with a Ko...

Samsung to unveil C-Lab startups, projects at CES 2023

Samsung Electronics Co. will showcase four projects and eight startups developed through its venture program C-Lab at CES 2023, the world's largest ...

E-Mart enters Singapore with two corner shops selling K-food

South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...

Blackpink's 'How You Like That' video tops 1.3 bn views

K-pop girl group Blackpink's "How You Like That" video has surpassed 1.3 billion views on YouTube, YG Entertainment Inc., the agency representing th...

Video streaming platform Wavve acquires K-content provider KOCOWA

South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...

Mom's Touch opens 2nd restaurant in Bangkok

South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...

Ndream, Wisenut start trading on K-OTC

Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...

Korean PE firm Hahn & Co to sell used-car platform K Car

South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...

ESTsoft completes construction of studio dedicated to AI virtual humans

South Korea's application software developer ESTsoft Corp. said on Tuesday that it has built a dedicated studio in its headquarters in Seoul's Gangn...

CJ ENM to provide K-content on free platforms Tubi, Roku

South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...

K League's campaign wins gold prize at International ad festival

The promotional video for the "Dribble-made Route" campaign produced by the Korea Professional Football Association (K League) in partnership with H...

Home&Shopping partners with K-Market to explore opportunities in Vietnam

Home & Shopping, South Korea's home shopping channel specializing in products of small- and medium-sized enterprises (SMEs),  announced on Th...

Twelve Labs secures $12 mn for AI-powered video analysis platform

Twelve Labs Inc., a South Korean artificial intelligence-powered video search platform developer, closed its seed extension round with an additional...

Blackpink named Entertainer of the Year by Time Magazine

Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of the most influential p...

Kimchi exports to US reach record high of $27 million so far this year 

Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...

K-chicken chain BB.Q opens second restaurant in New York

BB.Q Chicken, the country’s leading franchise, said on Friday it opened its second restaurant in Manhattan on Dec.1. This restaurant is BB.Q...

VC firms rake in profit of up to 6 times principal from Raemongraein

Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV ...

KT conducts reshuffle ahead of launching South Korea's top OTT service

Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...

Blackpink's 'Ice Cream' music video surpasses 800 mn views

K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...

CJ CheilJedang serves up K-food for Qatar World Cup fans

South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...

BTS Jin's solo debut album sells over 1 mn copies in 16 days

"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its launch.Released on O...

Promising K-startups to present B2B transition strategies at Geeks Show Up

Come this Thursday, 10 select startups will duke it to prove their business-to-business (B2B) model has the best chance of success. The start...

S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth

South Korea's unmanned space vehicle Danuri has sent texts and images from space to Earth, the Ministry of Science and ICT announced Monday. Da...

Lotte Mart bulks up in SE Asia to make up for China failure

Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...