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…
SoftBank’s portfolio favors Seoul over other Asian hubs
Today, CB Insights published its Global Tech Hubs Report, using the CB Insights platform to aggregate data around funding and…
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Chain Partners completes another funding round to accelerate Blockchain company-building
Chain Partners, an enterprise builder focused on building and nurturing blockchain-based companies, has announced that it has…
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Qarasoft Launches KOSHO Beta Service, AI Financial Forecasting Application
– AI Deep Learning technology that predicts the following week’s global markets – Available in both Korean and…
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Kakao forms Kakao G, Blockchain holding company
Kakao is set to establish a holding company focused completely on building and enabling Blockchain services, which Kakao…
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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…
ST Unitas Launches “Stella”, an Educational AI Service
ST Unitas, a South Korean Edu-tech enterprise, attempts to be at the forefront of paradigm shift in the Education industry by incorporating Artificial Intelligence(AI) into its educational…
Urbanbase launches AR-based Home Design App
Urbanbase (CEO Hajin Woo) has launched Urbanbase AR, a home augmented reality (AR) app. This is the first time that a domestic technology platform company, not an interior furniture brand…
BCA Korea Secures $4.2M in Investment
BCA Korea (BCA) recently raised $4.2M in investment from Hyundai Investment Partners. The two companies seek to strengthen the distribution and marketing of foreign cosmetic brands in…
Bike Sharing Service Ofo Expands to Korea… Beta Program to Begin in Busan
Station-free bicycle sharing service Ofo will launch its services in Korea, its 21st client country. On January 25th, the Chinese bike sharing company revealed that its beta service will…
Kakao Mobility Invests $660 Thousand In Easi6, a Mobility Start-up
Kakao Mobility is investing in a limousine service geared towards tourists visiting Korea. On the 10th, CEO Joohwan Jung announced Kakao Mobility’s investment of approximately $660…
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…
GOODGUN launches Will Bank, personal goal tracking service
On December 27th, 2017, GOODGUN launched “Will Bank,” a mobile application that can help make your resolutions come true. GOODGUN first proposed the app idea at K-Global Starthon and…
‘idUS’ Opens a Handmade Craft Store in Insadong Ssamjigil
Backpackr, a startup that operates the handmade crafts market service idUS, opened a handmade specialty store in Insadong’s Ssamjigil. Backpackr signed an MOU(memorandum of understanding)…
Artwork Rental Platform Open Gallery Secures USD 3.8M in Funding
Open Gallery, an artwork rental service in Korea, recently raised KRW 4B (~USD 3.8M) in investment from KDB Infra IP Capital Fund and IBK Capital. Open Gallery connects rising domestic…
Luxi, a Ride-Sharing App of 4 Million Uses, Prides Being Accident and Crime Free
On January 3, Korea Startup Forum held an info session on shared economy-based traffic service users at the Press Center. The purpose of the session was to investigate the advantages and…
Musicanote Launches Online Annotation Services
Music media startup Musicanote launched its online music annotations services on the 26th. Musicanote’s online music annotations service is a platform to organize any text, video…
A Smart Drones Startup ‘ANGELSWING’ Wins ‘First Penguin Fund’
ANGELSWING, a social venture startup that uses smart drones to provide geographical data, received ‘First Penguin Fund’ from Korean Credit Guarantee Fund (KODIT). ‘First Penguin…
Hyundai Motor and Aurora Partner to Develop Level 4 Autonomous Vehicles by 2021
– Custom-developed Hyundai models to be tested in pilot smart cities – Partnership aims to deploy autonomous vehicles quickly, broadly and safely – Hyundai’s…
28-Day Fresh Beauty Delivered to Your Door
Subscription skincare brand, Toun28, recently raised Pre-Series A funding (amount undisclosed) from Amorepacific Ventures. and FuturePlay. Toun28 is Amorepacific Ventures’ first…
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…
Chatbot-based Consulting Solution ‘SINICOMPANY(Divine Workplace)’ Wins the Last D.Day of 2017
November’s D.DAY event took place at D.Camp multipurpose hall on November 30th. SINICOMPANY, which developed a Chatbot-based consulting solution, won this month’s event. Over 200…
Sixth Intercollegiate Hackathon UNITHON to Launch in January 2018
The intercollegiate hackathon UNITHON will take place from January 26 to 28 at the Seoul Startup Hub. UNITHON, short for UNIversity and hackaTHON, is a hackathon hosted and managed by…
Entcrowd Receives 186K USD In Investments
Entcrowd, a service that notifies users of performances tailored to their individual preferences through Kakaotalk, has attracted investment from public institutions and investment…