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S.Korea’s early-stage VC funding down amid dearth of targets
A rendering image of the Seoul Unicorn Startup Hub facility to be built in Seongsu-dong by around 2030 Early-stage startup…
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Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group Chairman Ham Young-joo speaks at the sidelines of the 2024 CEO Summer Forum hosted by the Federation…
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Samsung, SK Hynix lead value increase in NPS’ local shares in Q2
Image of Samsung’s high bandwidth memory chip HBM3E 12H DRAM (Courtesy of Samsung) The second-quarter rally of Samsung Electronics Co.…
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Gmarket CEO vows to reclaim top with know-how from Alibaba, Coupang
Gmarket’s offline sales event in Seoul (File photo, courtesy of Gmarket) A new chief executive of South Korea’s Gmarket Inc.…
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Kakao supports startups with cloud services
Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea’s Kakao Corp., announced on Thursday that it started the…
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Shinhan Card, KakaoBank to team up for PLCC
South Korea’s Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business…
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South Korean webtoon makers in quandary after pandemic
Naver Webtoon becomes the No. 1 webtoon platform in France in July 2023 At the height of the COVID-19 pandemic…
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Samsung to offer AI features in Galaxy Z6 foldable series
Samsung Electronics’ employee demonstrates Galaxy AI features in the Galaxy S24 phone at 2024 MWC (Courtesy of Samsung Electronics) Samsung…
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Kakao Mobility, Archer to collaborate for K-UAM commercialization
South Korea’s Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air…
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Korea Inc.’s AI executives double with LG Group leading the pack
AI robot The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled…
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Netmarble leverages existing IPs, M&As to keep growth
“The Seven Deadly Sins: Idle Adventure” pre-order ad (Courtesy of Netmarble) Expectations are growing high that Netmarble Corp., South Korea’s…
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VC firm DSC Investment forms Korea’s largest secondary fund
DSC Investment (Photo captured from DSC’s website) South Korean asset manager DSC Investment has formed the country’s largest-ever fund for…
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KakaoBank sees record quarterly net profit
South Korea’s KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter…
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Hasty overseas expansions hurt Korean entertainment sector
Ariana Grande (left) and Justin Bieber, pop stars of Ithaca acquired by HYBE (File photo, courtesy of Reuters via Yonhap…
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Rakuten backs S.Korea’s new mobile carrier Stage X
Sharad Sriwastawa (center left), co-CEO of Rakuten Mobile and president of Rakuten Symphony, poses for a photo with Seo Sang-won…
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STIC Investments to sell Korea’s top mobile coupon platform
The logo of Coop Marketing (Courtesy of Coop Marketing) Seoul-based private equity firm STIC Investments is set to sell Coop…
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Kakao joins hands with LG Uplus to enter EV charger market
LG Uplus and Kakao Mobility sign an EV charger joint venture agreement in June 2023 Kakao Mobility Corp., South Korea’s…
