Korean LG CNS to expand digital marketing biz with DX tech

Korean LG CNS to expand digital marketing biz with DX tech

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio launches new drug development platform STB Cloud in US

Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...

KED's startup news platform Geeks launches revamped website

KED's startup news platform Geeks launches revamped website

Geeks, The Korea Economic Daily’s startup news platform launched in May, launched an upgraded website in Korean on Monday. The new conten...

S.Korea's e-commerce platform Plugo secures $9 million in investment

S.Korea's e-commerce platform Plugo secures $9 million in investment

South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...

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

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...

LG Uplus to debut university-specific metaverse platforms early next year

LG Uplus to debut university-specific metaverse platforms early next year

South Korea's mobile telecom operator LG Uplus said on Thursday that it would introduce a specialized metaverse platform for which all universities ...

LG Uplus ramps up user experiences, platforms, metaverse

LG Uplus ramps up user experiences, platforms, metaverse

LG Uplus Corp., the third-largest mobile carrier in South Korea, is improving its user experiences as well as accelerating new businesses such as pl...

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

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...

EV charging service firm Scalardata attracts 3 bn won from GS Energy

EV charging  service firm Scalardata attracts 3 bn won from GS Energy

Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...

LG Uplus holds in-house hackathon to secure platform technology

LG Uplus holds in-house hackathon to secure platform technology

LG Uplus Corps. said on Sunday that it held a hackathon called "Hackstival" to compete for development skills of in-house software developers.The co...

Jobis&Villains selected as beneficiary of UK venture support program GEP

Jobis&Villains selected as beneficiary of UK venture  support program GEP

South Korea's Jobis & Villains Corp., which operates the tax return service "3o3," announced on Thursday that it has been officially registered ...

Art tech platform Tessa attracts strategic investment from Kyobo Securities

Art tech platform Tessa attracts strategic investment from Kyobo Securities

The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...

Kakao unveils measures to prevent recurrence of service disruptions

Kakao unveils measures to prevent recurrence of service disruptions

South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...

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

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...

LG Uplus poised to acquire homegrown OTT platform Watcha

LG Uplus poised to acquire homegrown OTT platform Watcha

South Korea’s third-largest mobile carrier LG Uplus Corp. is slated to acquire homegrown over-the-top (OTT) platform Watcha Inc., investment b...

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

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...

LG U+ and Korea Fanuc to devise smart factory solutions for SMEs

LG U+ and Korea Fanuc to devise smart factory solutions for SMEs

Korean telecom giant LG Uplus Corp. on Tuesday said it will develop a smart factory solution for small and medium enterprises (SMEs) jointly with th...

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom to team up with Singapore's Singtel for metaverse venture

SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...

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...

Miniforce producer aims to become Asia's top children's platform with IPO

Miniforce producer aims to become Asia's top children's platform with IPO

The South Korean producer of famous animated series such as Miniforce aims to become Asia’s top children's platform by way of an initial publi...

Yanolja to expand overseas business with global partner

Yanolja to expand overseas business with global partner

South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...

LG, Altair build AI-powered validation platform for automotive parts

LG, Altair build AI-powered validation platform for automotive parts

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...

E-book platform Millie's Library drops IPO plan on tepid market interest

E-book platform Millie's Library drops IPO plan on tepid market interest

South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional investors, marking the...

KT posts highest Q1-Q3 operating profit since 2012

KT posts highest Q1-Q3 operating profit since 2012

KT Corp., South Korea’s major telecommunications firm, posted 1.5 trillion won ($1.1 billion) in cumulative operating profit for the first thr...

Market Kurly drops Market from platform name to expand business scope

Market Kurly drops Market from platform name to expand business scope

South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...

Lotte Shopping joins hands with UK's Ocado to build online grocery store 

Lotte Shopping joins hands with UK's Ocado to build online grocery store 

Lotte Shopping Co. will join forces with the Hertfordshire, England-based Ocado Group, which licenses grocery fulfillment technology to retailers.&n...

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...

Korea’s FTC to toughen reviews on platform sector M&As

Korea’s FTC to toughen reviews on platform sector M&As

South Korea’s antitrust body is set to strengthen reviews on acquisitions for different businesses in the platform industry to resolve the pro...

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...

Zuckerberg meets with Samsung executives over Meta Quest Pro

Zuckerberg meets with Samsung executives over Meta Quest Pro

SILICON VALLEY – Mark Zuckerberg, chief executive of US tech giant Meta Platforms Inc., has met with senior officials of Samsung Electronics C...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge