Remove Industry Remove Marketing Remove South Korea
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Rimowa is selling old, beat-up suitcases—and they’ll likely be snatched up in minutes

Fast Company Tech

When the brand did similar limited-edition vintage drops in Germany, South Korea, and Japan, they sold out within minutes or hours. Over the last five years, as the fashion industry has tried to become more sustainable, many brands have started buying back old products and re-selling them to their customers.

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South Korea blocks DeepSeek on government devices, announces launch of “national AI committee”

TechNode

According to a report by Bloomberg on Wednesday, South Korea plans to invest at least KRW 34 trillion ($23 billion) to help companies develop cutting-edge technologies in the fields of batteries and biotechnology. It also noted that technology from the Chinese AI startup DeepSeek is considered a “fresh shock” to the market.

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Solana launches $100M investment and grant fund for South Korean web3 startups

TechCrunch

The crypto market has been quite volatile over the past few months, but users are still holding strong and investors aren’t backing down. The fund will focus on gaming studios, GameFi, NFTs and DeFi in South Korea. A big portion of Korea’s gaming industry is moving into web3,” Lee said. “We

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SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

TechCrunch

Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.

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Korea’s Portlogics makes international shipping easier for merchants with its software tool

TechCrunch

Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. Portlogics currently centers on South Korea’s freight forwarding industry but intends to open offices in Southeast Asia and the U.S. billion in 2030 , up from $2.92

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Temu preparing to enter South Korean market, build logistics system

TechNode

Chinese e-commerce giant PDD’s cross-border platform Temu is reportedly preparing to enter the South Korean market, according to Yonhap News Agency. Temu has been hiring South Korean employees for key roles in human resources, general affairs, marketing, and logistics since late last year, according to the report.

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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. .