IT services
Scope
Date
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Future mobility
Tmap, Shinsegae I&C sign agreement for EV charging collaboration
Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...
Jan 31, 2023 (Gmt+09:00)
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Logistics
Kakao Mobility to pursue joint development with 4 major delivery services
South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...
Jan 31, 2023 (Gmt+09:00)
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Venture capital
Korea's venture capital investment falls 12% last year amid downturn
South Korea's venture capital investment last year fell more than 10% from a year ago due to the economic downturn caused by a series of global rate...
Jan 30, 2023 (Gmt+09:00)
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Retail
Hyundai Dept. Store introduces AI chatbot service Jellppo
Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...
Jan 30, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Bespin Global launches all-in-one AIoT
South Korea's cloud solution provider Bespin Global said on Thursday that it would launch "IoTOps," a software as a service (SaaS)-based artificial ...
Jan 27, 2023 (Gmt+09:00)
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Cloud computing
NHN Cloud joins ranks of unicorns with $120 mn funding
NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...
Jan 26, 2023 (Gmt+09:00)
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Korean startups
S.Korea's waste recycler ReCo lands $11.8 million in investment
South Korea's startup ReCo, which runs the comprehensive waste collection and transportation service UpBox, on Wednesday said it attracted Series B ...
Jan 25, 2023 (Gmt+09:00)
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Airlines
Korean Air to resume flight services on four European routes
Korean Air Lines Co. will resume operations on four European routes, including Prague, the Czech Republic, sequentially from March for the first tim...
Jan 20, 2023 (Gmt+09:00)
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Content platforms
KT Skylife offers Disney Plus service via its channel
KT Skylife Co.,the satellite TV service subsidiary of South Korea's telecommunications-oriented KT Group, said on Wednesday that it is offering Disn...
Jan 19, 2023 (Gmt+09:00)
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Automobiles
Epikar inks MOU with Singapore's NTU Research Center
South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understanding (MOU) for R&...
Jan 19, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Woori Financial to acquire VC firm Daol Investment
South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...
Jan 18, 2023 (Gmt+09:00)
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Travel & Leisure
Modetour signs agreement with mobility platform Danida
South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...
Jan 18, 2023 (Gmt+09:00)
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Cloud computing
Naver Cloud to partner with Singapore's StarHub
Naver Cloud, the cloud computing arm of Naver Corp., signed a strategic alliance deal with Singapore's telecommunications company StarHub to provide...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Bank launches foreign currency trading platform KB Star FX
South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank Launches 3D-based metaverse pilot service
Woori Bank launched a 3D-based metaverse pilot service, the bank said on Friday.The bank will provide two services, one for interaction with small b...
Jan 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SDS calls attacks on cloud biggest threat to cyber security
Cloud protection is the top cyber security concern for companies this year, a study says.Samsung SDS Co. on Thursday said this in its report "Top Fi...
Jan 13, 2023 (Gmt+09:00)
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Artificial intelligence
Hancom Frontis to develop AI digital human, 3D scanning project
Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...
Jan 11, 2023 (Gmt+09:00)
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Artificial intelligence
S-1 calls AI video solutions core of this year's AI security market
Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...
Jan 10, 2023 (Gmt+09:00)
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Korean stock market
Kakao Pay likely to be included in MSCI index next month
South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...
Jan 10, 2023 (Gmt+09:00)
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Korean startups
Korean startup Lemonbase attracts $5.6 mn Series A funding
Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...
Jan 09, 2023 (Gmt+09:00)
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Travel & Leisure
MyRealTrip launches overseas lodging booking service
Travel app MyRealTrip said Wednesday that it is launching an overseas hotel booking service that allows users to search, book, and pay for more than...
Jan 06, 2023 (Gmt+09:00)
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Corporate restructuring
Korea’s Daol to sell another unit to secure liquidity
South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a possible liquidity ...
Jan 06, 2023 (Gmt+09:00)
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E-commerce
Gmarket launches overseas hotel search service
Gmarket on Thursday say it will launch a customized search service for hotels abroad.Users can input hotel-related keywords into the Gmarket app's s...
Jan 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver’s Japan-focused B2B unit swings to profit
Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven by a surge in Japanes...
Jan 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai, BYD, Polestar adopt Nvidia’s cloud gaming service
Nvidia Corp., a US technology company, said on Tuesday that its cloud-based gaming service GeForce NOW was adopted for cars produced by the Hyundai ...
Jan 04, 2023 (Gmt+09:00)
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Metaverse
Redbrick, Microsoft to cooperate on university campuses in metaverse
Redbrick, the developer and operator of metaverse platforms of South Korea, signed a memorandum of understanding with Microsoft Korea to cooperate o...
Jan 04, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Sejong kicks off private 5G business for exclusive use for industrial safety
Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...
Jan 03, 2023 (Gmt+09:00)
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Korean startups
S.Korean cloud startups get funding despite recession fears
The contraction of South Korea's investment market has not stopped startups specializing in software as a service (SaaS) to attract funds given that...
Jan 03, 2023 (Gmt+09:00)
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Retail
GS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...
Jan 02, 2023 (Gmt+09:00)
Latest News
- 1 Samsung's financial arms beat No.1 banking group KB in profit
- 2 Korea’s airlines plagued by elevated fuel costs, strong dollar
- 3 LG Uplus offers Korean Air gift cards to 5G subscribers
- 4 SK Bioscience sells stake in US vaccine developer Novavax
- 5 Naver Cloud takes the lead in Korea’s public AI business