TechNode

AUGUST 23, 2023

BYD is aiming to establish an electric vehicle battery plant in South Korea, with local manufacturer KG Mobilitys assistance, to commence volume production by January 2025, as reported by Reuters on Wednesday. Notably, BYD holds the second-largest market share in global battery supply, trailing only CATL, with a 15.7%

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South Korea Lithium Report Build 52

TechCrunch

FEBRUARY 14, 2022

According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets, South Korean e-commerce aggregator New Vessel said.

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Aggregator South Korea Internet Japan 89

TechCrunch

MAY 19, 2021

The real estate market in South Korea is very fragmented, which means people often have to work with dozens of brokers before they find a new home. The startup’s other investors include Goodwater Capital, Maple VC and strategic angel investors in South Korea and the United States. Dongnae raises $4.1

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South Korea Asia United States Fund 91

TechCrunch

DECEMBER 19, 2022

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

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South Korea Vietnam Asia Profit 115

TechCrunch

SEPTEMBER 6, 2021

The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. It entered Japan in 2017, for example, by acquiring several Japanese hospitality management companies.

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South Korea Digital Japan Asia 104

TechCrunch

NOVEMBER 16, 2022

Founded in Singapore and based in Los Angeles and South Korea, Summer International announced today it has raised a $5 million seed round from investors including GDP Ventures, Teja Ventures, Gushcloud International and Singaporean angel investors Koh Boon Hwee and Shirley Crystal Tan.

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Social Media International South Korea Social 97

TechCrunch

APRIL 5, 2022

As the boom of the e-commerce aggregator trend continues in Asia, South Korea, the fifth-largest e-commerce market in the world, is rolling up. Wholesum, which currently has five Korean local brands, aims to acquire an additional 15-20 brands across lifestyle, health, children and pet categories this year.

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South Korea Platform Raise Asia 79

Fast Company Tech

MARCH 18, 2025

In August, the company announced a partnership with SK Telecom to expand cloud services in South Korea. The edge AI hardware market is projected to grow from $24.2 Lambda Labs AI Cloud is used by companies and research institutions that include Intel, Microsoft, Amazon, Stanford, Harvard, Caltech, and the Department of Defense.

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TechCrunch

APRIL 7, 2022

Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. Lai said its localization effort isn’t just focused on supporting multiple languages.

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Marketing Asia Digital Raise 87

TechCrunch

NOVEMBER 2, 2022

In addition, participating startups get co-working space, will attend weekly classes and have access to four to six mentors who have expertise in various industries, not just in South Korea but global regions. . SparkLabs began in Korea to find and help local Korean startups in their seed stage and help them go global.

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South Korea Asia Mentoring Taiwan 100

TechCrunch

FEBRUARY 24, 2022

Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. . Advanced rider assistance systems: Tech spawned by the politics of micromobility.

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Singapore Marketing South Korea Asia 100

TechCrunch

MARCH 28, 2023

And instead of using pricey lidar, Neubie uses V-SLAM, which allows autonomous mobile robots to perceive their surrounding environment and get visual data from the physical world; then, it builds a 3D map generated by the robots and localizes the robots in that map. billion market by 2028, up from a mere $0.4

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South Korea Free Map Local 94

TechCrunch

OCTOBER 11, 2021

Fount , a robo-advisor startup in South Korea, has raised a $33.4 Returning backers Smilegate Investment, KT Investment, Shinhan Capital and Korea Development Bank also participated. year on year, based on a local media report. As per its press release, its core market is people aged 20-49, including about 66.8%

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South Korea Platform India Global 77

TechCrunch

APRIL 28, 2022

“The education market in the English-speaking and North American regions is undoubtedly large, but we [at Glorang] understand that each country’s local D2C education market in Asia can be just as substantial,” Hwang said. The company claims Gguge has more than 100,000 users in South Korea. .

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Asia South Korea Vietnam Japan 80

TechCrunch

NOVEMBER 3, 2021

Shares in Kakao Pay, the fintech unit of South Korea’s largest messaging app operator Kakao Corp, closed up 114% in its market debut on Wednesday. . 193,000 won), securing a market capitalization of $21.2 The lawmakers also have expressed concerns regarding the growing power and valuation of tech companies in Korea. .

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South Korea Service Online Asia 89

TechCrunch

FEBRUARY 21, 2023

Green Labs , a South Korean agtech startup that raised $140 million (170 billion won) Series C in January last year, is cutting a significant number of jobs. People familiar with the matter confirmed to TechCrunch earlier rumors by local media outlets that a workforce deduction would happen.

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Green South Korea Aggregator Global 78

TechCrunch

AUGUST 1, 2022

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot , the latest signal of its growing interest in the fast-growing space. Hyundai Motor, which has said it aims to secure 7% of the global electric vehicle market by 2030, earmarked $9.2

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South Korea Free Mobile Proposal 88

TechCrunch

MAY 21, 2021

For example, for cultivation financing products, TaniFund tailors each credit scoring based on agriculture risks and market risk of each commodity, on top of the typical borrower E-KYC scoring and process,” he explained. “More than 100 data points are considered when doing the credit risk assessment.

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Group United Arab Emirates Platform Indonesia 100

TechCrunch

APRIL 1, 2021

The fund will look in Japan, as well as global markets like South Korea, the United States, China and Southeast Asia, for investment opportunities, with the aim of creating collaborations between startups and Z Holdings’ commerce, media and fintech services.

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Fund South Korea Japan United States 70

TechNode

FEBRUARY 14, 2025

Geely and Renault formed a thermal engine joint venture to manufacture and sell hybrid cars in South Korea last year with Volvos parent buying roughly a third of the French firms local subsidiary. Reuters ]

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Brazil South Korea Belgium Report 59

TechCrunch

FEBRUARY 7, 2022

The South Korea-headquartered startup, which has 84 employees, will also use the proceeds to double its headcount worldwide by the end of this year, CEO of Morai Jiwon Jung told TechCrunch. Existing investors Naver D2 Startup Factory, Hyundai Motor Group, Kakao Ventures and Atinum Investment also participated in the round.

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Global South Korea Las Vegas Platform 83

TechCrunch

AUGUST 16, 2022

“The [Asian] market is still very young, so we also want to set up local offices or teams in the regions like Vietnam, Indonesia, Singapore and Taiwan.”. QuotaBook claims that it has more than 3,500 startups and investor users on its platform, largely based in South Korea, where the company started.

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Platform South Korea Management Raise 85

TechCrunch

JANUARY 17, 2023

In South Korea, P2P lending marketplaces must pass yearly requirements to get a license from Financial Services Commission (FSC) to run their business. million, according to the industry sources and local media. million, depending on its loan balance. That means the outfit’s requirement capital is around $1.5

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Raise Platform South Korea Asia 83

TechNode

JULY 23, 2024

The platform will look to follow in the footsteps of the likes of Temu with an initial move to cover Asian territories including Hong Kong, Singapore, Malaysia, and South Korea. Why it matters: The move illustrates Taobaos efforts to tap into a broader global market while also engaging in competition with Pinduoduo at home.

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South Korea Global Malaysia Free 52

TechCrunch

NOVEMBER 9, 2021

In an earlier interview, he recalled the struggle he faced raising money for a direct-to-consumer brand, which were not as popular in the world’s second-largest internet market just five years ago. “For years South Korea and Japan have produced large and iconic D2C brands. Four years is a long time in the startup world.

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Amazon India Fund South Korea 102

TechCrunch

DECEMBER 14, 2022

The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. In other words, Plugo enables D2C merchants to focus on their products and supports other processes.

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Asia Indonesia Platform Support 79

The Verge

APRIL 21, 2021

Electric vehicles could help eat away at some of India’s pollution, and Tesla is even wading into the market. Gogoro also pitches its battery stations as a way to aid the local energy grid during times of peak demand. The company says it has installed 2,000 stations across Taiwan, which in total see about 265,000 daily battery swaps.

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India Tech South Korea Taiwan 69

TechCrunch

AUGUST 17, 2021

The United States has Amazon Prime, China has courier service SF Express and South Korea has Coupang, but “same-day delivery adoption has not reached its true potential in Indonesia because of the lack of the right supply solution, and that’s exactly what we are trying to crack.”.

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Indonesia South Korea Aggregator Asia 99

TechCrunch

MAY 5, 2021

Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. To scale up, the company is currently building technology to automate its valuation process and will also have local teams in each of its markets.

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Asia Platform South Korea Amazon 76

TechNode

AUGUST 13, 2024

The new game has surged in overseas markets, topping the mobile game sales charts in South Korea, Hong Kong, and Macau, and climbing into the top 15 mobile game bestsellers in Japan, according to Chinese gaming media outlet Nadianshi. The companys influence in Chinas gaming industry has made its new releases noteworthy.

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Chart China Game South Korea 52

The Verge

MARCH 30, 2022

To help bring an end to wrangling with Dutch regulators that stretched over the last several months, today, Apple published a new version of its App Store rules that allow local dating apps to take payments through third-party processors. If they accept the terms, then Apple may avoid an escalation in fines.

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Netherlands South Korea Facilitation Alternative 66

TechCrunch

DECEMBER 6, 2021

Tamatem will use the latest funding to amplify its efforts by bringing various games with more popular titles to the Arabic-speaking market. The startup will hire local talents in Saudi Arabia to expand further. The gaming industry is booming in Saudi Arabia, with about 70% of Tamatem’s users, Hammo noted. .

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Saudi Arabia Raise Jordan Egypt 90

TechCrunch

MAY 11, 2021

Radish founder Seungyoon Lee will hold onto his role as its chief executive officer, while also becoming Kakao Entertainment’s global strategy officer to lead its growth in international markets. Radish will retain management autonomy and continue operating as its own brand. last month.

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North America Asia Content Web 100

TechCrunch

JANUARY 20, 2022

The startup offers services including “Farm Morning,” an app that aggregates reliable data using AI, giving more than 500,000 farmers insight into crop lifecycle, and “Sinsun Market,” a B2B fresh produce marketplace for over 10,000 enterprise buyers, the company said. It also built smart farming software and hardware for farmers.

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Global Raise Vietnam Aggregator 88

TechCrunch

DECEMBER 8, 2022

Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Founded by CEO Moon, CSO Jin and chief marketing officer Justin Gim, Akros employs seven people. Akros just raised $2.3

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Fund Technology Management Platform 99

TechCrunch

AUGUST 1, 2022

HumanForest did a marketing thing with dating app Bumble that was actually kind of cute. A new study bike lanes increase sales of local businesses because they make the streets safer places for pedestrians, which increases foot traffic, so THERE! Dott brought in €32M in 2021 , with about 19 million rides in 29 cities. Future of flight.

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Los Angeles Serbia San Francisco North America 91

TechNode

NOVEMBER 21, 2023

Context: Established automakers worldwide have been rushing to get solid-state batteries commercially ready for their green energy cars, which is intended to give them an upper hand as they navigate increasing competition in the global EV market. of global EV battery sales in the first nine months of 2023.

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Global Lithium South Korea China 52