Local Raise South Korea 
Fast Company Tech
MARCH 31, 2025
In Uganda’s Mbale district, famous for its production of arabica coffee , a plague of plastic bags locally known as buveera is creeping beyond the city. This past winter, leaders from around the world gathered in South Korea to produce the first legally binding global treaty on plastics pollution.
TechCrunch
AUGUST 17, 2021
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. By the way, Danggeun means carrot in Korean.).
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TechCrunch
MARCH 7, 2022
Una Brands , a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea. . The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia.
TechCrunch
OCTOBER 7, 2021
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.
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. The company said Tuesday that it has raised $35 million in debt and $15 million in equity in a Series A round. The investment comes months after the startup raised $4.75
TechCrunch
FEBRUARY 14, 2022
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. The company plans to raise its Series A funding in June after completing acquisitions in the first half of this year, Lee noted. . market, Lee said.
TechCrunch
JULY 18, 2022
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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