Welt gets second digital therapeutic device approval in S. Korea

Welt gets second digital therapeutic device approval in S. Korea

South Korea's Ministry of Food and Drug Safety announced on Wednesday that it has approved the cognitive therapy software "WELT-I" developed by We...

Famed S.Korean pedometer app Cashwalk attracts first investment of $22 million

Famed S.Korean pedometer app Cashwalk attracts first investment of $22 million

Nudge Healthcare, a startup that runs the South Korean health management app Cashwork, on Wednesday said it secured its first investment of 30 billi...

S.Korea fines Google $32 mn for squashing local rival

S.Korea fines Google $32 mn for squashing local rival

South Korea’s antitrust body on Tuesday fined Alphabet Inc.’s Google LLC and its regional arms 42.1 billion won ($32 million) for allege...

Top Korean food delivery app posts record profits

Top Korean food delivery app posts record profits

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab's V3 Mobile Security gets perfect score in AV-TEST evaluation

AhnLab Inc., a computer security solutions provider in South Korea, announced on Thursday that its smartphone security solution "V3 Mobile Security"...

SentBe, back from brink of collapse to play in major league

SentBe, back from brink of collapse to play in major league

SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...

LG Elec-SM Ent JV to unveil beta home fitness app in March

LG Elec-SM Ent JV to unveil beta home fitness app in March

Fitness Candy, a joint creation by LG Electronics Inc. and SM Entertainment Co. to rival Apple Fitness Plus, is expected to unveil its beta service ...

Apple Pay's S.Korea debut as early as third week in March

Apple Pay's S.Korea debut as early as third week in March

Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...

Kakao Healthcare to launch diabetes monitoring app

Kakao Healthcare to launch diabetes monitoring app

South Korea’s dominant mobile platform Kakao Corp. will kick off its healthcare services this year with the launch of a diabetes monitoring ap...

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...

Blind revamps job matching service to rival LinkedIn

Blind revamps job matching service to rival LinkedIn

Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...

Korea seeks legal system for independent equity research firms

Korea seeks legal system for independent equity research firms

South Korea is set to establish a legal system for independent equity research providers this year to protect individual investors, who could be dam...

Korea to legalize security token for fractional investment

Korea to legalize security token for fractional investment

South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...

Kim&Chang sets to enter Indonesia's legal market

Kim&Chang sets to enter Indonesia's legal market

Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...

S.Korea's Woowa Brothers launches professional service robot affiliate

S.Korea's Woowa Brothers launches professional service robot affiliate

Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...

Two premium taxi apps mull tie-up to challenge Kakao

Two premium taxi apps mull tie-up to challenge Kakao

South Korea's two premium ride hailing apps TADA and i.M are considering a merger in a bid to challenge Kakao Mobility Corp., which commands about 9...

SK E&S moves into EV charging market

SK E&S moves into EV charging market

South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...

SPC Group adopts integrated safety check system app for all biz sites

SPC Group adopts integrated safety check system app for all biz sites

South Korea's SPC Group on Wednesday said it has developed an app for an integrated safety inspection system using information and communications te...

MyRealTrip launches overseas lodging booking service

MyRealTrip launches overseas lodging booking service

Travel app MyRealTrip said Wednesday that it is launching an overseas hotel booking service that allows users to search, book, and pay for more than...

Silvia Health attracts investment through pre-Series A funding

Silvia Health attracts investment through pre-Series A funding

Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investment with the particip...

Samsung Global Goals app rakes in over $10 million in charity 3 years after launch

Samsung Global Goals app rakes in over $10 million in charity 3 years after launch

Samsung Electronics Co. on Monday said Samsung Global Goals, a charity app for the company's Galaxy smartphones and devices, exceeded $10 million in...

LG Uplus enters Korea’s EV charging service market with VoltUp app

LG Uplus enters Korea’s EV charging service market with VoltUp app

LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...

S.Korean food delivery app Baemin vows to hike logistics unit's service quality

S.Korean food delivery app Baemin vows to hike logistics unit's service quality

Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...

Korea’s top delivery app operator Woowa launches food delivery robot

Korea’s top delivery app operator Woowa launches food delivery robot

The self-driving robot Dilly Tower of Woowa Brothers Corp., the operator of Korea’s top food delivery app Baedal Minjok, commonly known as Bae...

Upbit's decision to delist WEMIX ridiculous, WeMade CEO says

Upbit's decision to delist WEMIX ridiculous, WeMade CEO says

South Korea’s five major cryptocurrency exchanges said on Nov. 24 they will delist WEMIX, Kosdaq-listed game developer WeMade Co.’s cryp...

Game design and development studio SHIFT UP eyes IPO

Game design and development studio SHIFT UP eyes IPO

SHIFT UP Corp., known for its subculture games, is eyeing an initial public offering (IPO.) The game design and development studio confirmed th...

Danggeun Market launches professional advertising solution

Danggeun Market launches professional advertising solution

South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...

Naver Webtoon to pursue profits with Yonder app launch in US

Naver Webtoon to pursue profits with Yonder app launch in US

South Korea’s Naver Webtoon Corp. has been successful in the domestic market with its loyal subscribers willing to pay to read a diverse libra...

AI-powered translation startups tackle niche marketplaces

AI-powered translation startups tackle niche marketplaces

Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...

Math app Qanda enjoys surge in popularity with 74 mn subscribers

Math app Qanda enjoys surge in popularity with 74 mn subscribers

The number of subscribers to the mathematics education app Qanda exceeded 74 million as of earlier this month. It is rare for an app developed ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race