mobile user-generated content platform
Scope
Date
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Artificial intelligence
S.Korea plans to make digital platform gov't based on large-scale AI
South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...
Apr 14, 2023 (Gmt+09:00)
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Retail
S.Korea’s Musinsa sees sales grow 54% in 2022 to $537 mn
South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...
Apr 14, 2023 (Gmt+09:00)
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E-commerce
Luxury fashion platform Balaan faces thinning coffers amid mounting loss
Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...
Apr 14, 2023 (Gmt+09:00)
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Retail
Shinsegae supports int'l expansion of S.Korea's promising fashion brands
South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...
Apr 14, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s first-generation bio companies set up support fund for new ventures
South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...
Apr 14, 2023 (Gmt+09:00)
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Artificial intelligence
Naver launches image-generating platform Lasco AI
Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market, challenging its ar...
Apr 13, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches second-generation Kona EV, 417km on a single charge
Hyundai Motor Co. announced on Thursday that it launches the second-generation Kona EV, also known as the The All-New Kona Electric.The Kona Electri...
Apr 13, 2023 (Gmt+09:00)
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Business & Politics
Yoon's English School, Thai Edupark to cooperate in local education market
South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark, to expand its pres...
Apr 13, 2023 (Gmt+09:00)
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Business & Politics
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...
Apr 12, 2023 (Gmt+09:00)
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Retail
Hanjin to open pop-up store for S.Korean fashion brand in LA
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it will hold a pop-up event to promote domestic e...
Apr 12, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Number of Netflix users in S. Korea drops 30% in a year
The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...
Apr 11, 2023 (Gmt+09:00)
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Korean games
Korean game sector looks to cute girls to lure new users
South Korea’s game makers rushed to launch games with cute girl characters to allure fans of Japanese animation as cartoons for the subculture...
Apr 11, 2023 (Gmt+09:00)
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Robotics
LG Electronics rolls out third-generation Cloi ServeBot
LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...
Apr 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Microsoft to jointly develop new ChatGPT-based services
South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...
Apr 11, 2023 (Gmt+09:00)
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Retail
Chanel watches make world's 1st online debut in Korea
Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...
Apr 10, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean ramen's exports reach new heights amid K-content boom
Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...
Apr 10, 2023 (Gmt+09:00)
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E-commerce
Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice
The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online co...
Apr 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, AMD extend partnership for next-generation graphic chips
Samsung Electronics Co. said on Thursday it is extending its strategic partnership with Advanced Micro Devices Inc. to jointly develop next-generati...
Apr 06, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin
Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Wednesday that it has entered into a vehic...
Apr 05, 2023 (Gmt+09:00)
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Automobiles
KG Mobility focuses on electric vehicle platform, self-driving tech
South Korea's KG Mobility (formerly Ssangyong Motor Co.) says it will actively target not only Europe and the US but also niche markets in emerging ...
Apr 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Autoever, Avikus jointly develop self-sailing ship solution
South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Foreigners can enter S.Korean casino without physical passport
Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...
Apr 04, 2023 (Gmt+09:00)
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E-commerce
Kurly seeks fresh funding at half its peak valuation
Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...
Apr 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT launches cloud-based engineering platform
KT Corp., South Korea's largest telecommunications company, announced the launch of its cloud-based high-performance engineering platform service on...
Apr 03, 2023 (Gmt+09:00)
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Electronics
Doosan, Ionic Materials collaborate in liquid crystal polymer
Doosan Corp., the holding company of South Korea's Doosan Group, said on Monday that it has entered a joint development agreement (JDA) with US-base...
Apr 03, 2023 (Gmt+09:00)
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Automobiles
KG Mobility expands into Southeast Asia with Futa Group partnership
KG Mobility, previously known as Ssangyong Motor Co., announced on Friday its alliance with Vietnam's Kim Long Motor, a subsidiary of the Futa Group...
Mar 31, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...
Mar 31, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Mobility Innovation, MIT to develop hydrogen motorcycle
South Korea's Doosan Mobility Innovation (DMI), a hydrogen fuel cell-making subsidiary of Doosan Corp., on Thursday announced a partnership with the...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Budget Galaxy A34 5G to be released in domestic market
Samsung Electronics Co. announced on Thursday that it will release the budget smartphone Galaxy A34 5G in the domestic market starting tomorrow.The ...
Mar 30, 2023 (Gmt+09:00)
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Fintech
LINE, Mizuho call off plan to set up mobile-only bank in Japan
LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveil...
Mar 30, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet