digital contents
Scope
Date
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Digital currency
Samsung Group joins Kakao in Bank of Korea’s digital currency project
Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...
Aug 04, 2021 (Gmt+09:00)
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IPOs
Krafton aims to become global content provider with $3.7 bn IPO
South Korean game developer Krafton Inc. dreams of growing into global content provider with an up to $3.7 billion fund to be raised from an initial...
Jul 26, 2021 (Gmt+09:00)
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Economy
China, S.Korea top BofA's emerging markets list
South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitization and low vulnera...
Jul 23, 2021 (Gmt+09:00)
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Earnings
Naver to boost content, shopping businesses in Q4 via Shinsegae alliance
South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...
Jul 22, 2021 (Gmt+09:00)
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Korean startups
4by4's AI solution for high-def video content lures metaverse players
Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...
Jul 21, 2021 (Gmt+09:00)
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Cryptocurrencies
Kakao’s Ground X to work on Korea central bank digital currency initiative
Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...
Jul 20, 2021 (Gmt+09:00)
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Monthly trade infographics
Korea's automobile exports log double-digit growth between Jan and May
Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...
Jul 12, 2021 (Gmt+09:00)
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Banking & Finance
Korean banks enter digital asset custody market in quick succession
Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...
Jul 11, 2021 (Gmt+09:00)
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Private equity
Baring PEA exits from Korean delivery firm in eight years
Baring Private Equity Asia has finally cashed out of South Korea's No. 5 parcel delivery company with a double-digit return, in eight years since it...
Jul 09, 2021 (Gmt+09:00)
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Metaverse
Spatial audio becomes keystone for metaverse; attracts content giants
Content giants are becoming increasingly interested in spatial audio technology, a keystone for the metaverse experience as it offers a 360-degree...
Jul 08, 2021 (Gmt+09:00)
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Entertainment
No.1 K-pop goods maker Copan Global eyes digital expansion
The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...
Jul 06, 2021 (Gmt+09:00)
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Artificial intelligence
Naver says it's constructing world’s first robot-friendly building
The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...
Jul 05, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor to adopt digital twin in latest move of virtual technology use
Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...
Jul 05, 2021 (Gmt+09:00)
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Arts
Korea’s art sales set for triple-digit growth in 2021
South Korea’s art market is projected to double or even triple in size this year, thanks to the widening of the customer base across all gener...
Jun 29, 2021 (Gmt+09:00)
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Korean games
Why Google is getting heat from game companies on recent commission cuts
Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...
Jun 29, 2021 (Gmt+09:00)
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Insurance
Cigna seeks to enter Korea's digital non-life insurance market
The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crac...
Jun 23, 2021 (Gmt+09:00)
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Healthcare
Israel’s Nanox begins production of digital X-ray components in Korea
Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....
Jun 22, 2021 (Gmt+09:00)
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Healthcare
KT makes another step beyond telecom, enters digital therapy sector
The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business. They are eng...
Jun 15, 2021 (Gmt+09:00)
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Banking & Finance
Hana Financial partners with Line to launch digital bank in Indonesia
Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...
Jun 13, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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Korean startups
K-pop content platforms team up to take lead in community market
Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...
May 31, 2021 (Gmt+09:00)
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Metaverse
Metaverse makes digital nomads the new norm
It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...
May 26, 2021 (Gmt+09:00)
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ASK 2021 Interview
Sculptor Capital bets on non-traditional real estate
Non-traditional real estate assets such as cell towers, parking lots and marinas will likely provide significant investment opportunities to debt in...
May 20, 2021 (Gmt+09:00)
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Digital currency
Naver joins Korean central bank's digital currency initiative
South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...
May 14, 2021 (Gmt+09:00)
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Entertainment
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Apr 14, 2021 (Gmt+09:00)
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Korean startups
RECON Labs to drive AR commerce by cutting content creation costs by up to 99%
Does the adoption of augmented reality (AR) technology in e-commerce platforms drive sales? The answer is yes, as the purchase conversion rate for p...
Apr 01, 2021 (Gmt+09:00)
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Economy
KOTRA to lead trade digitalization with AI, big data
South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...
Mar 31, 2021 (Gmt+09:00)
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Webtoons
French webtoon platform posts over 200% growth via Korean content
South Korea’s online content platform KidariStudio Inc. announced on Mar. 31 that its France-based webtoon arm, Delitoon SAS, logged around 10...
Mar 31, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Wavve to pump $885 mn into original content amid fierce OTT competition
South Korea's over-the-top (OTT) service Wavve will invest a total of 1 trillion won ($885 million) to produce original content by 2025 to gain more...
Mar 26, 2021 (Gmt+09:00)
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Entertainment
KT to bolster content creation with $350 mn investment by 2023
South Korea’s telecom giant KT Corp. plans to expand its content business with an investment of 400 billion won ($353 million) by 2023. The co...
Mar 24, 2021 (Gmt+09:00)
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