On February 9, 2018, at the Pyeongchang Winter Olympics, Intel presented a record-breaking opening ceremony. This is not just a metaphor – 1,218 Intel Shooting Star™ drones set a new…
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‘Awesome Story’ Releases Algorithm-based Children’s Book
Children’s book startup ‘Awesome Story’ will be releasing a personalized algorithm-based book, “My name has sneaked away [내이름이도망갔어]”. Buyers can customize their…
LINE expands its FinTech business through LINE Financial Corporation
Following its success with LINE Pay, a mobile payment service on LINE messaging app, the LINE Corporation (“LINE”) intends to expand its financial services offerings to areas such as…
ZigZag, a Fashion Commerce App, exceeds 10 million downloads
ZigZag, a fashion mobile app for women, has announced that it has exceeded 10 million cumulative app downloads. ZigZag first began its service in June, 2015, and has gradually…
Top 5 Korean Webtoon Portals
Every morning, the first thing I check on my phone is newly updated webtoons from my phone which I have awaited for a week. Webtoon is an abbreviation for ‘web’ and ‘cartoon,’ which…
TAGby x MBC Plus Launch Online Shopping Mall
MBC Plus announced its collaboration with influencer marketing solution company TAGby in launching their online shopping mall named ‘All the K-Shop.’ All the K-Shop is a specialized…
Classting Ranked Among Top 10 Global EdTech Startups
Classting, a Korean startup that combines education with technology, was named among the top 10 global EdTech startups in 2017 by Education Technology Insights, a magazine that annually…
K Cube Ventures Invests $1M in BAUM
Baum (CEO: Andrew Ladd), a semiconductor power analytics solution corporation, recently raised $1 million from K Cube Ventures (Co-CEOs: SW Yu, Andy Shin), rounding off its series A…
Viva Republica Places No.35 in Top Fintech100
Viva Republica Co., Ltd., which runs a mobile wire transfer and payment service ‘Toss’, was recently named one of the leading fintech companies in the world. Among the top…
VC Talk: Korean Venture Capital’s Past, Present, and the Future
On November 3, five leading Korean venture capitalists gathered to discuss the current status and the future of the Korean venture capital industry. Simon Kang (CEO, BonAngels), Byung Chul…
Offline Data Platform Loplat Raises $2.7 Million in Funding from Naver
Offline data analytics startup Loplat raised 3 billion won (approximately $2.7 million) in funding from Naver. Loplat specializes in indoor positioning based on Wi-Fi. Wifi location-based…
Find Your Favorite GIFs on Vryjam, Search Engine for GIFs
Vryjam Company announced on November 1st the launch of Vryjam, a GIF search engine. Vryjam lets users search for GIF images with a keyword and share them via Facebook, Kakaotalk, Line and…
Take Your Music Lesson from ‘Clesson’
Music Edutech Inc. ‘Clesson’ (CEO: Hyung-soon Choi, Hyung-jun Kim) launched its lesson-matching service for college prep students, especially for those studying applied music. Clesson…
YouTube, Most Used App in Korea
During September, Android users spent a total of 2.97 billion hours on their smartphones. This is equivalent to 37.12 million Android users spending 2 hours and 40 minutes on their…
SK Planet Comes in First Place for Mobile App User Analysis
On October 25th, app analytics company Wise App, released the number of monthly unique users in the retail app industry for the month of September. SK Planet was the number one company…
SK Telecom Launches “T-Tech Campus”
On October 26th, SK Telecom (CEO Jeong Ho Park) launched “T-Tech Campus,” a program to easily introduce the blueprint of the 4th Industrial Revolution and ICT (Information and…
Makerhub: Manufacturing Outsourcing Platform for Hardware Startups
For hardware and IoT (Internet of Things) startups, finding a good manufacturer is everything. Even with a good business idea, about 50% of hardware startups fail during prototype…
Kakao Announces $3.5M Investment in KCD
Kakao Corp (CEO: Ji-hoon Rim) announced Wednesday that it has funneled over $3.5 million into finance technology firm Korea Credit Data. KCD runs a mobile accounting service…
Jobis & MODUSIGN Announce Partnership
Online tax support service ‘Jobis’ announced Thursday its partnership with electronic contract service ‘MODUSIGN’ for better customer service and work efficiency. Both recognized…
Bithumb, Largest Digital Currency Exchange Releases Mobile App
Bithumb, the no.1 digital currency exchange in trading volume, announced the launch of its mobile platform on October 18th. As the company aims to expand into the global market, Bithumb app…