Uber Eats Bids Good-Bye to South Korean Market
After two years of struggling to stay afloat, the U.S.-based food delivery service, Uber Eats, has finally decided to close ...
Tag: Investment
Yanolja Acquires Hospitality Company eZee and Booking App Dailyhotel
Yanolja, Co., one of South Korea’s largest booking websites, announced their acquisition of two companies in South Korea and India. ...
SK Chairman Meet Brazil’s President To Discuss Business Opportunities
SK Network’s chairman, Chey Shin-won met with Brazil’s controversial president Jair Bolsonaro to discuss possible business opportunities in the country. ...
Lotte Group Eyes Support for Israeli Startup Companies
Lotte Group Chairman Shin Dong-bin pushes through with his planned meeting with Israel's Economy Minister Eli Cohen. The meeting was ...
LG Electronics Stocks Foresee Fall Amid Performance Woes
Korea Investment & Securities has lowered its outlook on the price of LG Electronics stocks due to the latter’s drop ...
Samsung Jumpstarts Multiple Startups in India With An $8.5 Million Investment
Samsung’s vision of enriching people’s lives and contributing to social prosperity by creating a new future has guided the company’s ...
‘Online marine products’ platform Yamtable attracts 7 billion won in follow-up investment
The online fresh seafood commerce platform Yamtable has attracted 7 billion won (about US$6 million) in follow-up Series A investment. ...
WAUG, Inc. to attract $11.5 billion won in investment in Series C
WAUG Travel (CEO, Sun Woo-yoon), which provides a global travel activity reservation platform called WAUG, announced on April 18th that ...
KDB bridges corporates and investors and helps 130 companies attract 710 billion won
Korea Development Bank (KDB) is supporting investments in venture businesses through its market-type venture investment platform called 'KDB NextRound'. KDB ...
Korean financial companies that have emerged as ‘big hands’ for startups are speeding up their direct investment
Establishment of FinTech ecosystem led by financial companies is speeding up in South Korea. As direct investment by financial companies ...
Samsung speeds up the blockchain business and invests in the new concept cryptocurrency wallet company
Samsung, following its first application of the blockchain keystore to its smartphone "Galaxy S10" released in February, has invested in ...
SuaLab attracts a 19 billion won investment, the largest amount among the AI Startup Industry
SuaLab, an Artificial Intelligence Korean startup, announced on the April 10th that it has attracted 19 billion won (about US$16.2 ...
Korean student startup company “Class 101” attracts about 10 billion won in investment
A startup company led by college students has attracted 10 billion won (about US$8.7 million) worth of investment. The Ulsan ...
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 ...
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 ($88 million) in Series ...
DeepSearch to attract 3 billion won in Series C investment
DeepSearch Inc. (CEO Kim Jae-yoon), who is developing an Artificial Intelligence Robo Analytics, said it has got a 3 billion ...
idus accumulates over 100 billion won transaction amount
An online handmade market platform, idus, that allows small merchants to directly post their products, has surpassed 100 billion won ...
Challengers app attracts 1 billion Investment from Altos Ventures
WhiteCube, runs a self-development investment app called Challengers, which attracted 1 billion won (US$ 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 ...
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 ...
