On June 13th, ZIGZAG’s parent company Croquis Inc. (CEO: Jung-hoon Seo) announced that it had reached 7 million cases of app downloads. Having recorded 3 million downloads within one year…
Tag – Foreign startup
Neofect Donates RAPAEL Smart Glove to Welfare Institute for Disabled in Busan
On June 2nd, Neofect, a smart rehabilitation solution startup, announced that it had donated ‘RAPAEL Smart Glove,’ one of its rehabilitation training medical device for stroke patients…
What Lies Ahead 4 Years From Now (4YFN), MWC Shanghai 2017
GSMA’s sixth annual event, Mobile World Congress Shanghai, will be held in Shanghai from June 28th to July 1st. There will be 650+ exhibitors, and 65,000+ attendees to showcase and…
Another Step by Tutoring to Become a Global Language Education Company
On May 16th, Tutoring, a mobile on-demand education platform, successfully attracted 715 thousand USD worth of strategic investment from Big Basin Capital, a venture capital firm based in…
Kakao to Accelerate Its AI Platform Business
Kakao is accelerating the development and commercialization of Artificial Intelligence(AI) platform, and is also increasing effort to support domestic AI research ecosystem. Kakao announced…
Big Data for Better Credit Evaluation, FINC
A credit evaluation service based on individual’s data will be launched in March. On March 6th, Fintech Inc. introduced FINC, a credit evaluation service, at a press interview that…
Panacea for Translation, ManTong
Soft Power recently launched ManTong, an application that interprets Korean into 10 different languages based on AI technology. The app utilizes Google Translate API, which applies neural…
Korea 2016 Venture Capital Fund and Investment a Record High
On January 20th, the Small and Medium Business Administration in South Korea presented a report: “Arrangement of New Venture Fund and Venture Investment Trend in 2016.” According to the…
Offline to Online…Reverse O2O Service ‘SENDIT”
Uber, AirBnB, Baedal Minjok, Zigbanb, Kakao Taxi… — The list of Online-to-Offline (“O2O”) services can go on and on. O2O is a type of service that utilizes…
Why we expanded our startup to South Korea
Regardless of where your startup resides, you should always monitor where else in the world your product is gaining traction. Expanding to a new country can lead to a larger client base, a…