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In its heyday, South Korea’s top actor Hyun Bin was the face of TLX Pass, a revolutionary fitness platform that made waves throughout the industry. TLX offered passes that could be used at multiple ...
Kakao, operator of South Korea’s top mobile messaging platform, announced on Sept. 17 that the company has launched a new enterprise messenger. The new corporate messenger developed by Kakao’s arti...
Startup festival “Try Everything 2020” kicks off online Sept. 16, the Seoul Metropolitan Government said on Sept. 15. The three-day event will be held in partnership with the 2020 World Knowledge Fo...
Education technology firm Yanadoo announced on Sept. 8 that the company has recently secured investments worth 30 billion won ($25.2 million). Yanadoo, which merged with Kakao Kids to become a comp...
The total value of orders placed on food delivery apps in South Korea reached 1.2 trillion won (US$1.01 billion) in August, up 28 percent from July and setting a new monthly record, as the government...
Coupang began procedures for the construction of a large-scale high-tech logistics base in Gwangju in partnership with the regional government, the firm said on Sept. 4. Gwangju Mayor Lee Yong-seop...
Toss Lab, an operator of Slack-like team collaboration platform JANDI, said on Sept. 2 that it has newly raised 14 billion won ($11.8 million) from a group of investors. The investors include Softb...
Viva Republica, Korea’s leading fintech startup and operator of mobile financial service Toss, on Aug. 28 announced that it has raised $173 million in the latest funding round. The latest fundraisin...
E-commerce giant Coupang is trialing a buy-now, pay-later service. The new service is applied to products directly bought from and sold by Coupang, which are available for its next-day delivery ser...
South Korean startups submitted an application on August 19 to authorities seeking an investigation on violations by Apple and Google customers regarding in-app purchases. According to an alliance ...
Baemin, or Baedal Minjok, the country’s No. 1 delivery app by market share, said Tuesday that it has started operating the country’s first outdoor delivery robot, which delivers food from a restauran...
Notion, a US-based all-in-one productivity tool, on Aug. 11 unveiled its first foreign-language version in Korean. At the launching event held online, the company said it chose South Korea as the fi...
Gooroome, a local videoconferencing solution startup, has secured 2 billion won ($1.68 million) in pre-A funding round led by Innopolis Partners. “Gooroomee owns the country’s top two-way interactio...
STIC grabs Juvis STIC Investments is set to acquire Juvis Diet, a Korean weight-loss consulting chain, industry sources said on August 7. The Seoul-based private equity firm, which was selected as ...
South Korean beauty video app Zamface said on August 6 that it has raised 5.5 billion won ($4.64 million) in series A funding from multiple investors to make inroads into the Southeast Asian market. ...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 22, 2021
