V3 Mobile Security
Scope
Date
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Chief Executives
Com2uS, Gamevil Chairman Song Byung-joon: Mobile game pioneer, sports enthusiast
About eight years ago on Oct. 5, 2013, Song Byung-joon, the then-chief executive of South Korean mobile game developer Gamevil Inc., visited the off...
Jun 02, 2021 (Gmt+09:00)
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Korean stock market
LG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...
May 26, 2021 (Gmt+09:00)
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Korean startups
Cloud firms rush to secure footing in pet data market
The pet care market is set to ride a "cloud wave" as companies make use of pet data on cloud storage spaces to tap into the growing pet care market,...
May 25, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience secures up to $173.4 mn from CEPI for vaccine development
SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...
May 24, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, TSMC up ante in US foundry competition
The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...
May 24, 2021 (Gmt+09:00)
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Webtoons
Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn
Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....
May 20, 2021 (Gmt+09:00)
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Korean startups
Team Blind secures $37 mn in Series C round; eyes Nasdaq listing
Teamblind Inc., the operator of Blind, an anonymous social platform for discussion on workplace issues, has successfully concluded its $37 million S...
May 18, 2021 (Gmt+09:00)
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ESG
Hanwha Group secures $4.4 bn from KDB to finance ESG business
South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...
May 12, 2021 (Gmt+09:00)
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Korean startups
Team Fresh secures $6 mn via stake sale to DSC Investment
South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...
Apr 27, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor pilots EV mobility service for pets
Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...
Apr 26, 2021 (Gmt+09:00)
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Business & Politics
SKT strengthens foothold outside mobile biz
South Korea’s telecom and mobile network market leader SK Telecom Co., which announced last week its strategic long-term shift towards non-tel...
Apr 18, 2021 (Gmt+09:00)
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Corporate restructuring
SK Telecom to split into mobile and non-mobile units
South Korea’s largest mobile carrier SK Telecom Co. will split into two separate entities. SK Telecom said on Apr. 14 that it will create a ne...
Apr 14, 2021 (Gmt+09:00)
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Korean startups
Fresh food logistics startup Team Fresh secures 30 bn won in Series C
South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...
Apr 05, 2021 (Gmt+09:00)
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Business & Politics
LG Elec to fold mobile phone business in 26 yrs
LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating losses of 5 trillion wo...
Apr 05, 2021 (Gmt+09:00)
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Future mobility
Google to buy $50 mn new shares in Kakao Mobility
Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...
Apr 01, 2021 (Gmt+09:00)
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Future mobility
Hyundai Mobis expands mobility business, reveals concept cars
South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...
Apr 01, 2021 (Gmt+09:00)
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Venture capital
GS Galtex to partner with Kakao for mobility services
South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...
Mar 31, 2021 (Gmt+09:00)
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SK Holdings, China’s Geely launch $300 million future mobility fund
South Korea’s SK Holdings Co. and China’s leading carmaker Zhejiang Geely Holding Group Co. have launched a $300 million joint fund...
Mar 18, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor invests in Clearpath Robotics in push for future mobility
Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comp...
Mar 17, 2021 (Gmt+09:00)
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Private equity
Affirma, EastBridge to invest $350 mn in SK's mobility venture
Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...
Mar 11, 2021 (Gmt+09:00)
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Electric vehicles
SK, POSCO agree to develop new lightweight materials for future mobility
South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...
Mar 08, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix produces mobile DRAM with industry’s largest capacity
SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry&...
Mar 08, 2021 (Gmt+09:00)
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Future mobility
Affirma, EastBridge in race for T Map Mobility’s $267 mn fundraising
Global buyout fund Affirma Capital and South Korean private equity firm EastBridge Partners will compete in a race for the 300 billion won ($267 mil...
Mar 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Naver invests €115 mn in Spain’s virtual marketplace Wallapop
Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...
Feb 25, 2021 (Gmt+09:00)
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Pre-IPOs
Carlyle seals $200 mn investment in Kakao Mobility
The Carlyle Group has agreed to buy $200 million worth of new shares in Kakao Mobility Corp. as a pre-IPO investment in the transportation arm of So...
Feb 18, 2021 (Gmt+09:00)
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Future mobility
Hyundai unveils unmanned ultimate mobility vehicle concept
Hyundai Motor Group has unveiled its first uncrewed ultimate mobility vehicle (UMV) concept, transforming intelligent ground excursion robot (TIGE...
Feb 10, 2021 (Gmt+09:00)
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Future mobility
Uber, T Map Mobility JV wins antitrust approval; set to launch in April
South Korea's antitrust regulator has approved the proposed joint venture between the US-based ride-hailing company Uber Technologies Inc. and T M...
Feb 10, 2021 (Gmt+09:00)
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Future mobility
Hyundai, KDB launch fund to foster mobility startups
Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...
Feb 01, 2021 (Gmt+09:00)
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Pre-IPOs
Google to invest $270 mn in Kakao Mobility with Carlyle
Google Inc. is planning to invest around $270 million in Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kaka...
Jan 29, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution hires Morgan Stanley, KB Securities as lead IPO managers
South Korea-based LG Energy Solution has hired KB Securities and Morgan Stanley as the lead managers for its initial public offering, which is antic...
Jan 28, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer