Automated Market Solution Startup ‘PurpleLabs’ get Investment from Spring Camp

January 17, 2019

Naver Webtoons will publish a series of webtoons featuring the K-pop star BTS. Naver Webtoon announced that it will serialize...

Korean Fuel Businesses, SK and GS, Plug into the Green Grid

January 17, 2019

South Korea's top two gas stations, SK and GS, are entering the electric vehicle infrastructure. They are going to install charging stations for...

Korean Tech Kakao Ventures Plants the Seeds with Social Bean

Kakao ventures said in 15th, that they have invested in Social Bean, manufacturer of household goods. Social Bean wrapped up...

Kakao Halts Carpool Service. Taxi Industry Still Doesn’t Respond

The government expect the continuation of dialogue between the entrenched taxi industry and Kakao, despite the Korean tech company suddenly announcing the...

Video Billing to Replace Text Invoices for LG U+ Users

LG U+ is going to deliver their bills via video instead of text. Users of the Korean service provider find...

Line partnering with Sony to enter the online healthcare business

Line, a Japanese subsidiary of Naver, has joined hands with Sony Corp to set up an online medical business in...

An AI text-translation services developer Sovoro acquired $0.44M USD from d3jubilee

Social Venture Sovoro announced on December 21 last year that it attracted $0.44M USD (500M KRW) from d3jubilee partners. Sovoro...

Tplus–AllLive Healthcare, Strategic Collaboration of Medical Information Services

TPlus, which is an IT company specialized in healthcare, made an announcement on the 15th that it has developed an...

NanoEnTek Boosts FREND Growth by Strengthening Overseas Sales

NanoEnTek announced on the 15th that it is going to strengthen its foreign business in order to increase sales of...

[Breaking News Korea Tech] Socar Shifts Gears with a $44.5M USD Windfall

Socar, a Korean ride-sharing platform, is planning to rev up development with an investment worth $44.5M USD (50B KRW). The...

Korean Tech Company On-face SDC, Assigned to Manufacture Med Tech for Allevion Therapeutics

On-face SDC signed a business agreement with Adventus Ventures of Allevion Therapeutics, which is located in Irvine, California. The event was attended...

Samsung Electronics Eyeballing Israeli Tech Core Photonic for $150 Million

Samsung Electronics is planning to purchase Core Photonic, an Israeli multi-camera startup. Samsung Electronics is reportedly pushing for the $150M...

Korean Tech Naver Hits Home Run in its First CES

Naver ended its first CES (2019) event with positive reviews from many domestic and foreign audiences. Naver and Naver Labs booths...

Korea Food Tech Startup The PlantEat, Dines on $1.34M USD Investment Salad

The Korean food startup The PlantEat gets an investment worth $1.34M USD to pursue clean vegan food alternatives.

Prolonged Room Reservation ‘Mr.Mention’, gets $1.15M USD in Investment

Mr.Mention (CEO Jung Sung-joon) attracted $1.15M USD (1.3B KRW) in investment from KDB Industrial Bank and Busan United Holdings. Unlike...

Blank Corporation Promotes KOSDAQ Listing after 3 years of Establishment

Media commerce start-up company called Blank Corporation is planning to be listed on KOSDAQ (Korea Securities Dealers Automated Quotation) next...

Korean Tech, LG Chem to Power Up China’s Growing Electronics Market

January 11, 2019

LG Chemicals is going to invest $1.07B USD (1.2T KRW) to extend its facilities in China. LG Chemicals made an...

Korea Crouches to Defensive Footing in Prep for the 5G Era

January 11, 2019

The South Korean Government is taking cyber security seriously for the impending 5G era and will dedicate $6.2M USD (710B...

KT Narrows the Blockchain Chasm with B2B ‘BaaS’

January 11, 2019