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Apple's Find My has finally launched in South Korea

Engadget

Apples Find My feature has finally been enabled in South Korea, according to a company announcement translated by Apple Insider. The company never explicitly stated why it limited access to Find My in South Korea, but it appeared to be related to local laws that could have allowed the government access to the location data.

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Korean accelerator SparkLabs showcases social and e-commerce startups at its second Demo Day

The Next Web

SparkLabs , an accelerator program in South Korea that is bringing a Silicon Valley-like approach to the Asian country’s startup ecosystem, showcased its second batch of startups to investors at Demo Day today. Selling premium organic breads from local bakeries via an online platform is what this startup does. Zoyi (Marketing).

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SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan  

TechCrunch

Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . million users downloaded the Riiid Tutor app in South Korea and Japan. The company expects to address local remote learning and education in the market.

Japan 104
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South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

TechCrunch

The company plan to strengthen its capabilities in local commerce with Danggeun Pay, or Karrot Pay, which is set to launch this year, and Danggeun’s platform Karrot enables approximately 300,000 local SMB partners to go digitalized by offering offline to online (O2O) service. Canada and Japan. “We

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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. It is now used by 2,200 merchants, including Nike Korea and Philip Morris Korea. CHAI wants to fix this with an API that enables companies to accept over 20 payment systems. ”

Asia 127
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South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

TechCrunch

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .

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South Korean financial super app Toss closes $405M Series G as valuation rises 7%

TechCrunch

Viva Republica, an operator of South Korean finance super app Toss , has finalized a $405 million Series G funding and it says it is now valued at 9.1 South Korea’s currency has depreciated against the dollar this year.). South Korea’s BNPL Gross Merchandise Value (GMV) is projected to grow by about $36.6