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[THE INVESTOR] The total amount of investment in startups reached a record high last year amid hopes of lucrative returns and policy backup, government data showed on Jan. 24. A total of 3.43 tr...
[THE INVESTOR] Six Korean startups have made it to the list of unicorns -- with a valuation of over US$1 billion –- latest data showed on Jan. 24. They include Coupang, Bluehole, Yello Mobile, Woow...
[THE INVESTOR] Accommodation booking platform operator Yanolja said on Jan. 21 it has named Kim Jin-jeong, former head of electric car maker Tesla Motors’ Korean office, as chief of offline operatio...
[THE INVESTOR] Experts in Korea on Jan. 17 called on the government to amend the bill aimed at value-added carriers operating here to report their business activities starting 2021, citing its poten...
[THE INVESTOR] Kakao Mobility’s carpooling service, which was in a trial stage for around a month, screeched to a halt earlier this week after the recent suicide of two disgruntled taxi drivers who ...
[THE INVESTOR] Mobility services platform operator SoCar said on Jan. 15 that it has received a new round of funding worth around 50 billion won (US$44 million) from four venture capital firms, incl...
[THE INVESTOR] Woori Financial Group Chairman Sohn Tae-seung said on Jan. 14 in a press conference that the firm would beef up investment in startups as part of its efforts to prop up innovative com...
[THE INVESTOR] Korean media commerce startup Blank, which deals in lifestyle related products via video contents, is seeking to get listed on the secondary bourse KOSDAQ next year, according to indu...
[THE INVESTOR] Viva Republica, the operator of popular mobile payment app Toss, said on Jan.14 that it will offer 1 billion won (US$8.90 million) worth of stock options to all employees, in addition...
[THE INVESTOR] The Korean cinema industry has attracted 100 million audience for the past seven consecutive years, and grown to be worth over 2.3 trillion won (US$2.06 billion) as of 2017. This is d...
[THE INVESTOR] IT&Basic, the operator of Korea’s top audience response system Symflow, aims to reach break-even point in 2019 by expanding its domestic and overseas business. The Korean startup is ...
[THE INVESTOR] Looking for someone special, but don’t want to take too many risks? Then come to Amanda. Amanda -- standing for “don’t meet just anyone” in Korean -- is a social dating app that has ...
[THE INVESTOR] LAS VEGAS -- Digital health care is growing at a rapid pace, as innovative technologies and solutions are revolutionizing the health management and treatment paradigm. Signaling w...
[THE INVESTOR] In December, Big Bang’s Seungri celebrated his 30th birthday, lighting candles in front of some 100,000 followers on Xiaohongshu, a fast-growing Shanghai-based social network service....
[THE INVESTOR] Korea’s largest discount chain E-mart announced on Jan.6. that it has signed a partnership deal with startup ThorDrive for self-driving delivery services. Under the contract, ThorD...
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
Korean mobile carriers to bring 5G to life at MWC 2019
Korean carmakers troubled as US auto tariff decision looms closer
Franklin Templeton may be forced to scrap merger plans with Samsung unit
Samsung places ahead of Google, MS in US brand intimacy study
February 17, 2019
