K-Cube Ventures announced on Dec. 18th that the major investor in the South Korean IT space has completed structuring its third joint investment vehicle, named “Kakao Digital Contents…
Author – Yong Bin Kim
Government to Host K Startup Forum on November 24th
K Startup Forum will be opening doors this coming 24th. The convention aims to invigorate new startup launches by young entrepreneurs, and is overseen by the Ministry of Culture, Sports and…
Korean Consumers Eye Chinese Online Shopping Malls on Black Friday
The Chinese equivalent of Black Friday is this coming Wednesday, Nov. 11, with all sales beginning at midnight. Called Guānggùn Jié (光棍节), or Singles’ day, 11/11 is a day of…
[KSS NYC] Venture Capitalists Panel
(Photo by Dohyun Lee) The Venture Capitalist Panel at the Korean Startup Summit 2015 featured five speakers, each coming from varying backgrounds, but equally influential in their…
Photo App Retrica Finds $6M From Bessemer, Goodwater and Altos Ventures
Venticake Inc., the maker of the hit photo app Retrica, announced on Oct. 7, that the company is receiving $6M of funding from Bessemer Venture Parters, Goodwater Capital, and Altos…
IT Outsourcing Platform Wishket Lands $1M Investment
Wishket announced a total of $1M in investments raised by Smilegate Investment and Mega Investments, venture capital funds located in Seoul. Wishket provides an online platform where…
Businesses Can Now Use Kakao Talk to Send Receipts and More
On Sept. 22, Daum Kakao announced that it is entering the corporate messaging market with the launch of Kakao Allim Talk service. Aimed at corporate users, Allim Talk will enable companies…