kakao ai startup fund
Scope
Date
~
-
Alternative investments
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
Sep 17, 2021 (Gmt+09:00)
-
Entertainment
Kakao to strengthen overseas operations amid growing criticism
Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...
Sep 16, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Korean EV startup makes highest bid for Ssangyong Motor
South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden ...
Sep 15, 2021 (Gmt+09:00)
language -
Korean startups
SIA analyzes satellite data for companies, government and ESG
There are about 2,000 satellites in space, orbiting the earth and generating countless images without being confined to geographical boundaries. And...
Sep 15, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Kakao says to shift toward co-existing business model
Kakao Corp. will be abandoning its growth model that has transformed once a mere mobile messenger operator into one of South Korea's largest busines...
Sep 15, 2021 (Gmt+09:00)
-
IPOs
Regulatory moves delay Kakao Group’s IPO plans
Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...
Sep 14, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Korea content platform startup to buy Getty Images unit
A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit...
Sep 13, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Antitrust body takes aim at Kakao's taxi-hailing app, Coupang
South Korea's antitrust body has launched an investigation into Kakao Mobility Corp. on allegations of discrimination against taxi drivers not subsc...
Sep 12, 2021 (Gmt+09:00)
-
Markets
Activist fund urges SK Chemicals to sell part of SK Bioscience stake
A Singaporean activist fund has urged South Korea’s SK Chemicals to sell some of its shares in SK Bioscience Co., saying its corporate value h...
Sep 08, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Kakao drops 10.1%, Naver falls 7.9% on potential big tech crackdown
South Korea may be following China’s lead in cracking down on big tech firms. The country’s two leading tech giants Naver Corp. and Kaka...
Sep 08, 2021 (Gmt+09:00)
language -
Korean startups
Laundrygo raises over $40 mn from SoftBank Ventures, Altos Ventures
South Korea’s first contactless laundry service startup Laundrygo has raised 50 billion won ($43 million) in a follow-on investment from inves...
Sep 08, 2021 (Gmt+09:00)
-
Artificial intelligence
S.Korea kicks off AI strategy talks with Naver, Kakao, Samsung, telcos
South Korean government has hosted the first top-level artificial intelligence (AI) roundtable meeting with representatives from the country’s...
Sep 08, 2021 (Gmt+09:00)
-
Debt financing
LG set to fund OLED plant expansion with over $400 mn in new bonds
LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...
Sep 07, 2021 (Gmt+09:00)
-
Venture capital
Korea VC firms reap big rewards for investing in early-stage startups
When KNet Investment Partners LLC, a South Korean venture capital company, invested 9.9 billion won ($8.6 million) in Krafton Inc. in 2009, the game...
Sep 05, 2021 (Gmt+09:00)
language -
Artificial intelligence
KT to commercialize hyperscale AI model by H1 2022
South Korea’s major mobile carrier KT Corp. and the AI One Team coalition announced plans last week to develop a hyperscale artificial intelli...
Sep 03, 2021 (Gmt+09:00)
-
Venture capital
Blockbuster startup IPOs curb NPS' VC diversification
South Korean startups' blockbuster initial public offerings over the past year, including Krafton Inc. and HYBE Co., have left the National Pension ...
Sep 03, 2021 (Gmt+09:00)
-
Real estate
Korean proptech startup RSquare enters Southeast Asia
South Korea’s online property platform RSquare aims Southeast Asian commercial real estate markets starting from Vietnam.RSquare said on Sept....
Sep 03, 2021 (Gmt+09:00)
-
Biotech
Korea’s bio startup Voronoi inks $324 million deal with Brickell Biotech
Voronoi Inc., a South Korean biotechnology startup, has clinched a $324 million deal to grant Brickell Biotech, a US clinical-stage pharmaceutical f...
Sep 02, 2021 (Gmt+09:00)
language -
Korean startups
Real Packing envisions borderless e-commerce ecosystem via videos
South Korea-based startup Real Packing is on a mission to build a trust-based society via its fact-checking video system.Launched in 2016, Real Pack...
Sep 01, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Interpark draws cool response from Korean online giants
South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nav...
Aug 31, 2021 (Gmt+09:00)
-
IPOs
Kakao Pay cuts IPO price by 6% for October listing
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...
Aug 31, 2021 (Gmt+09:00)
-
Future mobility
S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair
South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...
Aug 30, 2021 (Gmt+09:00)
-
Future mobility
Parts maker Mando raises profile as investor in future mobility startups
Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...
Aug 29, 2021 (Gmt+09:00)
language -
Korean games
Netmarble sells shares of Kakao units to raise $700 mn in August
South Korea’s Netmarble Corp. has earned 816.9 billion won ($703 million) so far in August alone by selling shares of KakaoBank Corp. and Kaka...
Aug 29, 2021 (Gmt+09:00)
-
Korean startups
Swit Technologies' valuation tops $80 mn in Series A round
Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...
Aug 27, 2021 (Gmt+09:00)
-
Chief Executives
Govt pension fund eyes real estate in non-core areas
South Korea's Government Employees Pension Service (GEPS) is setting its sights on overseas office buildings not only in core regions but in its per...
Aug 25, 2021 (Gmt+09:00)
-
Korean startups
3i's AI technology creates digital twins using smartphone photos
Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...
Aug 24, 2021 (Gmt+09:00)
-
RFPs
POBA invites bids for $400 mn multi-asset mandates
South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
Aug 24, 2021 (Gmt+09:00)
-
Korean startups
AI edtech startup KidsLoop joins unicorn club
Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...
Aug 23, 2021 (Gmt+09:00)
-
Future mobility
Kakao Mobility takes first step toward 2022 IPO
Kakao Mobility Corp., South Korea's most popular taxi-hailing app, has taken its first step toward a stock market debut, which is expected to value ...
Aug 23, 2021 (Gmt+09:00)
language
Latest News
- 1 SK Group, AWS to build South Korea’s largest, multibillion-dollar AI data center
- 2 Genesis targets broader European presence with EV trio
- 3 K-pop pilgrimage boosts Seoul ahead of BTS comeback
- 4 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 5 LG Chem closes $1 bn water filter division sale to Glenwood PE