Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless tweets and interviews, he trumpeted the world-changing potential of the […]
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Trending topics and news from the south korea category
Back to news homeSeadronix aims to reduce marine accidents at port and sea with AI
South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The […]
South Korea’s OHouse lands $182M to add AR to home improvement app
During the worst days of the pandemic, when people were stuck at home and starving for some form of entertainment beyond streaming yet another TV series, many turned to DIY […]
South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR
Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of […]
Glorang scores $10M Series A to expand its edtech marketplace across Asia
Glorang, a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 […]
Ant Group buys Singapore’s 2C2P to further global payments ambitions
Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and other ecosystem players. The […]
Google dials up focus on portability ahead of rule changes
Google has signalled it’s dialling up efforts around portability, announcing a plan yesterday to spend $3 million and “hundreds of hours” of its engineers time over the next five years […]
Una Brands teams up with KlickBrands to enter South Korea’s e-commerce market
Una Brands, a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea. The strategic partnership will help South Korean e-commerce brands grow domestically and […]
Nexon founder Jung-ju Jay Kim has passed away at age 54
Jung-ju Jay Kim, founder of South Korean gaming company Nexon, has passed away at age 54. On Tuesday, Nexon’s holding company NXC released a statement: “With deep sadness, Nexon mourns […]
Korean internet giant Naver backs e-commerce aggregator New Vessel in seed round
According to eMarketer, Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators […]