UAE Sharjah Media City metaverse
Scope
Date
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Metaverse
VR meetings with holograms, powered by metaverse startup DoubleMe
Come next year, attending meetings as a hologram version of yourself is set to become more common.Metaverse startup DoubleMe plans to commercialize ...
Dec 07, 2021 (Gmt+09:00)
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Metaverse
Krafton enters metaverse space with investment in Naver’s Zepeto
Krafton Inc., one of South Korea’s major game developers, is entering the metaverse space by investing 5 billion won ($4.2 million) in Zepeto,...
Dec 06, 2021 (Gmt+09:00)
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Metaverse
Metaverse emerges as promising yet uncertain new world for investors
Virtual realms known as the metaverse that have become the hot topic for tech companies also are winning a new fan base among investors.SoftBank Gro...
Dec 03, 2021 (Gmt+09:00)
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Metaverse
Softbank joins $190 mn fundraising by Naver metaverse platform
Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...
Dec 01, 2021 (Gmt+09:00)
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Alternative investments
Global cities with young elites will survive in long term, RXR chairman says
Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...
Nov 26, 2021 (Gmt+09:00)
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Korean startups
NFT, metaverse shares face correction, hit by high valuations
Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...
Nov 23, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, Hynix notch best day this year; metaverse to drive chip demand
Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...
Nov 23, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s LIG close to record $3.5 bn deal to export missile system to UAE
LIG Nex1 Co., a leading South Korean defense company, is close to a record $3.5 billion deal to export its surface-to-air missile system to the Unit...
Nov 17, 2021 (Gmt+09:00)
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Korean stock market
Seoul commits $204 mn to attract foreign-invested firms by 2026
Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...
Nov 11, 2021 (Gmt+09:00)
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Entertainment
DearU’s value nears YG Entertainment after strong Kosdaq debut
Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which briefly put the company&...
Nov 11, 2021 (Gmt+09:00)
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Ares Management
[ASK 2021] The Growing Opportunity of Sports, Media and Entertainment in Alternatives
The Growing Opportunity of Sports, Media and Entertainment in Alternatives Why is this industry attractive and where are you...
Nov 04, 2021 (Gmt+09:00)
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Upcoming IPOs
Korea MCN startup Treasure Hunter aims for leading K-content maker
Song Jae-yong, a leader of the new business taskforce team at South Korea’s CJ ENM Co. went to New York in 2013 to have business meetings for ...
Nov 02, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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Metaverse
Masayoshi Son to bet $170 mn on Naver metaverse platform
Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...
Oct 24, 2021 (Gmt+09:00)
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Entertainment
DearU: A K-pop fan engagement platform success story
No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...
Oct 18, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver's metaverse platform seeks over $40 mn in funding
Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion...
Oct 13, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
Sep 29, 2021 (Gmt+09:00)
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Korean chipmakers
Taylor city in Texas likely to host Samsung’s new US chip plant
The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...
Sep 23, 2021 (Gmt+09:00)
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Entertainment
Kakao to strengthen overseas operations amid growing criticism
Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...
Sep 16, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver’s market cap to top 100 trillion won, analysts say
South Korea’s market analysts projected that Naver Corp.’s market cap will surpass 100 trillion won ($86 billion), driven by the rapid g...
Sep 07, 2021 (Gmt+09:00)
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Real estate
Korean proptech startup RSquare enters Southeast Asia
South Korea’s online property platform RSquare aims Southeast Asian commercial real estate markets starting from Vietnam.RSquare said on Sept....
Sep 03, 2021 (Gmt+09:00)
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Com2uS acquires metaverse platform to grow as digital content provider
South Korea-based Com2uS Corp., the creator of the popular game Summoners War, is ramping up its efforts to transition into a global content platfor...
Aug 25, 2021 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Aug 11, 2021 (Gmt+09:00)
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Private equity
MBK sees new opportunities in China's regulatory risk
China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...
Aug 09, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
Aug 09, 2021 (Gmt+09:00)
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Earnings
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Aug 06, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Seoul to create K-beauty road as part of interactive tourism
South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....
Aug 04, 2021 (Gmt+09:00)
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Metaverse
Samsung joins 200 other firms in Korea’s metaverse alliance
Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...
Aug 03, 2021 (Gmt+09:00)
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Korean startups
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
Jul 27, 2021 (Gmt+09:00)
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Metaverse
Metaverse giants Roblox and Naver compete to attract Korea's Gen Z
South Korea’s metaverse gaming market is about to heat up with the country's leading 3D avatar platform Zepeto rolling out a game development ...
Jul 26, 2021 (Gmt+09:00)