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The Korea Herald

Startups & Investors

September 24, 2019
What’s at stake for S. Korea to create law for marketplace lending?

South Korea is on the verge of becoming the first country in the world to create laws dedicated to newly emerging alternative financing methods -- peer-to-peer loans and other forms of “marketplace l...
September 20, 2019
[INTERVIEW] Danggeun Market aims to scale up with new funds from Goodwater Capital, Altos Ventures.

South Korean online secondhand marketplace Danggeun Market aims to scale up its business with 40 billion won ($33.49 million) of funding that it secured from a consortium led by Goodwater Capital and...
September 19, 2019
E-mart joins hands with delivery startup Now Pick

E-mart, Korea’s largest discount chain operated by Shinsegae, has joined hands with local startup Now Pick to provide customers round-the-clock delivery service, according to industry sources on Sept...
September 11, 2019
[INTERVIEW] How to ‘backstab’ startups

"Stop, if you have a sense of foreboding,” reads a motto in the office of Veluga Brewery, a Seoul-based startup that was recently forced to shut down its beer subscription box service in South Korea....
September 10, 2019
Uber Eats halts service in S. Korea

Uber Eats, the food delivery business of US-based ride-sharing Uber Technologies, has decded to halt operations in South Korea, the company said on Sept. 10. Its riders were sent an email saying tha...
September 09, 2019
Secondhand marketplace Danggeun raises W40b

South Korean online secondhand marketplace Danggeun Market bagged 40 billion won ($33.49 million) in recent fundraising, the company said Sept. 9. California-based Altos Ventures and Goodwater Capit...
September 06, 2019
Seoul’s test bed policy to open way for tech startups

Experts at the Start-Up Seoul: Tech-Rise 2019 forum on Sept. 6 unanimously underlined the need for stronger support of the local government to help tech firms successfully enter the market During th...
September 06, 2019
Toy’s Myth signs MOU with Thai company at Start-Up Seoul

Korean smart scanner producing startup Toy’s Myth on Sept. 6 signed a memorandum of understanding with Computer Union, an IT affiliate of Thai’s public company Saha Union at the Start-up Seoul: Tech-...
September 06, 2019
Want success? Aim high and be humble: startups experts

At Start-up Seoul: Tech-Rise 2019, the Seoul Municipal Government's first-ever startup event, speakers focused on the need to encourage South Korean pioneers to go global. Off the stage, they shared ...
September 06, 2019
Startup experts suggest ideas to make Seoul more attractive for foreign investors

Startup experts suggested ideas to make Seoul more attractive for foreign investors during the second day of Start-Up Seoul’s round table meeting on Sept. 6. The round table discussion included arou...
September 06, 2019
Maker of headgear with bone conduction tech wins pitching competition

Seojin FNI, a Seoul-based startup that makes headgears with bone conduction technology won a top prize in the hardware startup pitching competition during Start-Up Seoul: Tech Rise 2019 on Sept. 6. ...
September 06, 2019
Toys for elderly picked as most innovative at Seoul’s startup forum

Toys for the elderly invented by a local tech startup were picked as No. 1 at a pitching contest on the second day of Start-up Seoul: Tech-Rise 2019, taking place at Dongdaemun Design Plaza in centra...
September 06, 2019
Unicorn Yanolja to integrate online booking channels with M&A

Seoul-based unicorn startup Yanolja’s latest acquisition of the world’s No. 2 property management system provider eZee Technosys will enable it to cut costs and boost its online travel booking infras...
September 05, 2019
‘S. Korea should utilize its strengths in tech and IP’

Seoul needs to form deep connections with the global startup ecosystem, keynote speakers said on Sept. 5 at Start-up Seoul: Tech-Rise 2019, a startup convention hosted by Seoul City. The event is pa...
September 05, 2019
‘If Cyworld had been a global hit, we might not have needed Facebook’

Startup accelerators and CEOs who participated in Start-Up Seoul’s policy forum Sept. 5 called on the government to encourage South Korean startups to go global and expand their presence overseas. “...

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