Korean unicorn Krafton eyes 2021 IPO to raise over $850 mn

South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, is seeking to raise over 1 trillion won ($852 millio...

Busan, the city of cruise tourism

Busan is the place for cruise tourism in Korea. Busan Port International Cruise Terminal is always bustling with people going on overseas tours from B...

S. Korea's Kakao Work to rival Slack, messenger platform apps

Kakao Enterprise Corp., the artificial intelligence service unit of South Korea’s Kakao Corp., has launched a business messenger platform to com...

Korea’s car-sharing platform becomes 12th unicorn following $42.5 mn injection

South Korea’s leading car-sharing platform Socar Inc. has become the country's 12th unicorn valued at around 1.1 trillion won after re...

[Focus] Korean unicorns face reality check from US startups poised for IPOs

With a number of high-profile US startups in line for initial public offerings, investors in South Korean startups may be looking to Wall Street for c...

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

[Interview] Manga platform Piccoma ready to take over Japan's comics market

Manga platform Piccoma is gearing up to take over Japan’s massive digital comics market as the company continues to see prominent growth in its ...

Korean game platform seeks $323 mn IPO in non-contact business boom

Kakao Games Corp., a unit of South Korea’s top mobile messaging app operator, is seeking to raise up to 384 billion won ($323 million) from an i...

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver, a Korean online platform giant, has invested 100 billion won ($83.8 million) in SM Entertainment's subsidiaries SMEJ Plus and Mystic Story in a...

Korean travel platform My Real Trip raises $36 million amid sluggish travel industry

My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...

Buzzvil eyes unicorn status with ad platform

Reading the biographical novel of nuclear physicist Lee Whi-so made his heart beat. "I, too, want to be a creator of something that will change the wo...

DTCP to scale Korean start-ups into global unicorns

Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...

Meritz Sec commits $425 mn to India’s housing finance platform

Meritz Securities Co. Ltd. has committed $425 million to a housing finance platform in India as an anchor investor, in its first foray into the countr...

Self-guided trip platform expands into themed travels

Planning a trip is no vacation. Booking a flight and hotel isn't the end and searching for activities and mode of transportation is a must. This is wh...

Naver to challenge Amazon with launch of Smart Store platform in Spain

South Korea’s top online portal operator Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants in...

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...