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Three carpooling service providers on March 14 said they would continue to operate for 24 hours a day, refusing to accept a recent agreement led by Kakao Mobility stipulating shorter hours. A numer ...
In 2016, PeopleFund became South Korea’s first peer-to-peer startup to team up with an outside commercial lender. All fintech firms in Korea are obliged to designate a lending vehicle -- either an i...
Media company CJ ENM and Big Hit Entertainment, the agency that manages K-pop boy band BTS, have formed a joint venture called Belift Lab and intend to work together to create a new K-pop boy band, t...
The recent agreement signed between taxi industry representatives and Kakao Mobility to allow limited carpooling services is drawing concerns and criticism from other ride-sharing firms and industry ...
Like other shared economy business models such as car-sharing or house-sharing, first-and-last-mile mobility solutions such as bikes, e-scooters and e-bikes, have yet to blossom in South Korea. But ...
Corporate venture capital -- or CVC -- has emerged as a key source of strategic investment. Unlike venture capital, which has the main aim of reaping returns, CVC is created within large companies t...
I’ll admit it. From the very beginning, I was kind of in love with WeWork. I loved the concept, I loved how everything felt new, how everything felt casual but still systematic and last but not leas...
Korean coworking space firm Fast Five said on March 7 that it will launch its 17th location in Seongsu-dong, Seoul, in May, stepping up its competition with rivals such as WeWork. The new “Seoul For...
SoCar, a mobility platform focusing on car-sharing and ride-sharing, is branching out into the micro-mobility segment, which offers small, human or electric powered transportation solutions, by inves...
Coworking firm WeWork said on March 4 it successfully hosted a regional Creator Awards event in Seoul, announcing a group of finalists who will compete in the global contest to be held early next yea...
Yello Mobile, one of Korea’s first official unicorn startups, has been pushed to a critical juncture. Once regarded as a hottest “it” enterprise worth more than US$4billion at its peak, greed and in...
Forbes-nominated entrepreneur from Seoul is betting on novels in the age of Netflix (Park Hyun-koo, The Korea Herald) Music, films, TV series and even comics are being consumed on smartphones. Now ...
Office-sharing platform company WeWork announced on Feb. 22 that it would open its 18th shared office in Seoul in July. The new location in Seolleung in southern Seoul, which will occupy the entire ...
Korea’s largest crowdfunding brokerage platform operator startup Wadiz said on Feb. 21 it will create a private equity fund to directly invest in startups. Korea’s fund of funds operator Korea Growt...
It seems to be nothing short of war, complete with the casualties of those who have sacrificed themselves to prove a point. On Feb. 11, while taxi industry representatives were meeting with Kakao Mob...
Many foreign, domestic investors keen to acquire Skinfood
Kyung Nam Pharm seeks new owner
Abyo Korea hopes to redesign delivery industry
KDB forms co-investing roundtable with 6 local VCs
GenBody’s proposed IPO plans this year suffer setback
SK Biopharma signs contract with US new drug developer
Legal battle looms as approval for 1st for-profit hospital gets canceled
Mirae Asset invests in $243m mezzanine debt for grade A office building in HK
April 20, 2019
