Topics
Korea to install Artificial Intelligence powered street lights to prevent accidents
The Korean government has decided to introduce Artificial Intelligence street lamps equipped with IoT sensors and use them for traffic...
Naver: “AI-based personalization service increased content consumption”
Naver announced recently that its content consumption has increased because of applying Artificial Intelligence-based personalization services to news and search....
Video Messenger Azar boosts Hyperconnect revenues in 2018 to 104.5 billion won
Hyperconnect announced its 2018 performance on April 2nd. Its sales, operating profit, and net profit all grew compared to last...
Hyundai Motor Group to Accelerate Investments in Korean Startup
Hyundai Motor Co. has invested 99.3 billion won (about US$87.2 million), in 22 startups and venture funds in 2018, according...
Wiseapp: Koreans spent the most at Starbucks in the beverage retail business
Koreans spent a lot, estimated at about 1.44 trillion won (about US$1.26 billion) with credit and check cards last year...
“Cremmerce”, a Korean Startup by IBL Accumulates over 110 billion Won inTransactions
“Cremmerce”, a Korean Startup by IBL announced on April 5 it has made over 110 billion won (about US$96.5 million)...
Lezhin Comics sales surpass 10 billion won in the US market
Lezhin Comics surpassed 10 billion won (about US$8.7 million) in sales this year for the first time in the US...
Fresh food delivery Korean startup Kurly raises $88 million in new funding
Kurly, which runs Market Kurly, the fast-rising, online, door-to-door grocery service, has raised 100 billion won ($88 million) in Series...
Prosecution in KT’s hiring irregularities speeds up the investigation with arrests of key officials
The prosecution, which is investigating KT's hiring scandal, has been stepping up its investigation by arresting key officials for illegal...
DeepSearch to attract 3 billion won in Series C investment
DeepSearch Inc. (CEO Kim Jae-yoon), who is developing an Artificial Intelligence Robo Analytics, said it has got a 3 billion...
SKT’s ‘spin-out’ to grow as a global unicorn with commercialization of the in-house technology
SK Telecom will start the 'Stargate' program that will grow into a global unicorn company by commercializing its famous ICT...
Korean Gaming Industry holds “Super Shareholders’ Meeting Day” closes with the keyword “growth”
Major game companies in South Korea held shareholders' meetings on March 29th to deal with major issues. Netmarble, NCsoft, Pearl...
Naver Launches Entertainment Platform ‘Fanship’
Naver said Wednesday it will introduce "Fanship, Fan+Membership," a new type of global entertainment membership platform that combines live technology...
In 2018, Kakao Bank recorded a net loss of 21.2 billion won & K-Bank recorded a net loss of 79.7 billion won
According to a management disclosure by the Korea Federation of Banks on Monday, Kakao Bank posted a net loss of...
In a grave system error, Kakao Moment deducts 3 million won without user consent
Kakao’s flagship advertising platform Kakao Moment has been criticised by some of its users for automatically deducting a certain amount...
idus accumulates over 100 billion won transaction amount
An online handmade market platform, idus, that allows small merchants to directly post their products, has surpassed 100 billion won...
Challengers app attracts 1 billion Investment from Altos Ventures
WhiteCube, runs a self-development investment app called Challengers, which attracted 1 billion won (US$ 8.7 million) from Altos Ventures. Some...
Electronic contracts service provider Modusign gets 2.5 billion won worth of investment
Korean startup Modusign said it has attracted 2.5 billion won or about $ 2.2 million worth of investment from Korea...
Toss working to establish an Internet Bank based on the global Challenger Bank model
Toss operator Viva Republica is planning to establish an internet bank based on the Global Challenger Bank model. Challenger Bank...
KT and POSCO Technology make a large investment in FinTech Startup Paymint
The smart order innovation startup Paymint has received investments from KT and POSCO's investment subsidiaries. Paymint is a tech startup...
