TechSpot

DECEMBER 15, 2023

According to a report out of South Korea (via NotebookCheck), Samsung is planning to launch its 'Galaxy Glass' mixed reality headset during the first half of next year to compete with the Vision Pro. While it was originally scheduled to hit the market at the end of 2024, the company. Read Entire Article

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South Korea Report Marketing Companies 122

TechNode

JULY 9, 2024

Chinese electric vehicle maker Zeekr is looking to enter South Korea by 2026, with plans to open showrooms in Seoul and the nearby province of Gyeonggi by next year, parent company Geely said last week in response to questions from Bloomberg. Bloomberg , TechNode reporting ]

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South Korea New York China Local 52

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%

South Korea 52

South Korea Lithium Report Build 52

TechNode

FEBRUARY 10, 2025

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.

South Korea 66

South Korea System Marketing Build 66

TechCrunch

JULY 5, 2022

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT , one of the largest telecom companies in South Korea. . The global AI chip market is projected to reach $194.9 billion by 2030, up from $8.02

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South Korea Companies Fund Global 100

TechCrunch

MARCH 10, 2021

Founded in 2010, Coupang is sometimes described as the Amazon of South Korea, but for years it has managed the impressive feat of achieving an even higher dollar retention rate than Amazon, according to a report by Goodwater Capital. In 2020, it increased its market share to 24.6%, up from 18.1% Coupang market share.

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South Korea Amazon Rhode Island Retention 94

TechSpot

JANUARY 27, 2025

Nikkei reports that the company intends to expand its operations in key markets, including the United States, Japan, and South Korea, where major chipmakers. Fujifilm Holdings has announced an ambitious plan to invest approximately 100 billion ($640.5 Read Entire Article

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South Korea Product United States Japan 88

TechCrunch

MARCH 30, 2023

Indeed, 900,000 farmers currently use the app in South Korea, and that figure has tripled in the past 12 months since its launch in 2021, Shin said. It also operates B2B marketplace Sinsun Market, and it has the ambition to be a LinkedIn for farmers, Shin added. It has thousands of B2B partners, according to Shin.

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South Korea Green Japan Aggregator 98

TechCrunch

DECEMBER 9, 2020

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants.

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Asia South Korea API Tech 127

TechCrunch

MARCH 2, 2023

According to a recent report , 92.4% Its video review marketing tool is called VREVIEW , and it works by sending a chatbot to a merchant’s customers to collect their video reviews and product ratings. market in the second quarter of this year to attract more users overseas. The company employs 27 people in South Korea.

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South Korea Review Video Tools 98

The Verge

JULY 24, 2020

The new plant, located in Guangzhou, China, has the capacity to initially produce 60,000 OLED sheets a month, which combined with LG’s existing plant in Paju, South Korea means that LG Display’s total OLED production capacity has almost doubled to 130,000 sheets monthly.

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South Korea China Product Adopt 87

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

DECEMBER 1, 2021

South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 “Our mission is to grow into the #1 player in the Korean non-bank lending market to provide better loan options for average Koreans that the banks underserve.” million (75.9 PeopleFund.

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South Korea Rate License Asia 98

TechCrunch

MAY 10, 2022

South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. “With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.”

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South Korea Singapore Netherlands Asia 93

TechCrunch

MAY 8, 2022

With the home now a place for work, school and leisure all at once, the DIY home improvement market has grown so significantly that globally, it’s expected to reach $514.9 Bucketplace also claims that OHouse has been downloaded more than 20 million times in South Korea. billion by 2028-end , up from $333.7 billion in 2021.

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South Korea Asia Singapore Japan 94

The Verge

NOVEMBER 1, 2021

The early years of The Verge saw Samsung, and to a lesser extent LG, snap up huge swaths of the global Android market, which often gave me cause to hop on over to South Korea. Fortunately, I still had things to do. I’d visit Computex every year as Taiwan’s influence continued to grow in the PC industry.

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Japan Tech Report China 115

TechCrunch

NOVEMBER 21, 2022

Mom-and-pop stores and franchises — mostly offline — account for about 95% of the laundry market in South Korea, according to Laundrygo CEO Sung-woo Cho. But his South Korea–headquartered startup aims to digitize the laundry industry in the country. billion in 2019, per a research report.

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South Korea San Francisco New York Japan 87

TechCrunch

AUGUST 15, 2022

The Seoul-headquartered startup will use this new funding to open a production plant in South Korea for scaling the manufacture of its fungal-based biomaterials and double its headcount to 42 employees, Sah said in an interview with TechCrunch. Mycel isn’t the only company using mycelium to make leather. billion by 2026.

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South Korea Fund San Francisco Alternative 89

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

TechNode

FEBRUARY 14, 2025

The two companies will likely announce the expansion of their partnership later this month, which would also see Geely taking a minority stake in Renault Brazil, the report said. Reuters ]

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Brazil South Korea Belgium Report 59

TechNode

SEPTEMBER 21, 2023

In 2022, Chinese domestically developed video games generated a total sales revenue of $17.346 billion in overseas markets, according to a September 20 report by Jiemian, citing data from a state-run research institution. Jiemian, in Chinese ]

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South Korea Generation Video Game 52

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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Companies Application System Model 111

TechCrunch

DECEMBER 2, 2021

South Korea’s Samsung Venture Investment (SVIC) also participated, in addition to existing investors YL Ventures, Fontinalis Partners, Liberty Mutual, Presidio Ventures, Glenrock, Paladin Group and Asgen. . ” Karamba Security’s XGuard.

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South Korea Raise Vietnam Platform 99

TechCrunch

AUGUST 29, 2021

million in 2017 and its first Series B round in April 2020, from backers that included South Korea-based Shinsegae Information & Communication, Woomi Construction, SL Investment, KDB Capital, Shinhan Capital, Enlight Ventures, CKD Venture Capital, and Breeze Investment, Ha said. billion in 2021, based on Strategy Analytics’ report.

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South Korea Tools Japan Data 75

TechCrunch

MARCH 28, 2023

They include South Korea’s two largest telecoms carriers, SK Telecom and KT; Samsung Welstory, Samsung’s food distribution unit; and 42dot, the autonomous driving technology arm of Hyundai Motor. billion market by 2028, up from a mere $0.4 billion in 2021, per a recent report. Most of its customers are in B2B.

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South Korea Free Map Local 94

TechNode

MARCH 18, 2024

Alibaba is planning to invest over $1 billion in South Korea in the next three years according to the countrys news outlet Yonhap, in a quest to tap market potential. Yonhap, in Chinese ]

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South Korea Marketing Government News 52

TechCrunch

SEPTEMBER 18, 2022

South Korea issues an arrest warrant for Terraform Labs’ founder : “A court in South Korea has issued an arrest warrant for Do Kwon, the founder of Terraform Labs,” writes Manish, “escalating its probe into the crypto ecosystem whose two tokens lost $40 billion in value in a span of days earlier this year.”

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Adobe South Korea Google France 98

TechCrunch

JUNE 2, 2022

Rebellions is in talks with potential customers to get its first AI Chip, called ION, into the market. The AI chip market is projected to be worth over $83.2 billion by 2027, up from $56 billion in 2018, per a 2019 report by Insight Partners. . by the end of this year, Park continued. . billion in early 2021.

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South Korea Gartner Taiwan Fund 98

TechCrunch

JANUARY 4, 2023

Kurly , a South Korean startup that provides next-day grocery delivery service, just announced that it has called off its plan to go public amid worsening economic situations that have put startups’ market debuts on hold. The startup passed the preliminary listing screening on August 22, 2022. billion valuation in December 2021.

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South Korea Marketing Online Singapore 59

TechCrunch

OCTOBER 14, 2021

The latest investment for Yanolja was Softbank’s second-largest funding in South Korean company after Coupang, which had received about $3 billion from the Japanese VC before eventually going public. . According to reports, it plans to pursue a dual listing in the U.S. and South Korea around 2023.

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South Korea Tech Companies Asia 69

TechCrunch

MAY 11, 2022

The global market of conversational commerce, also known as chat commerce or conversational marketing, is expected to increase to $290 billion by 2025, up from $41 billion in 2021, representing a 590% rise for the next four years, according to a report by Juniper Research. Image Credits: Zeals.

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Raise South Korea Platform Japan 97

TechCrunch

FEBRUARY 21, 2023

TechCrunch reported that GreenLabs had 320 employees in January 2022. Its B2B marketplace, Sinsun Market, offers sourcing channels for over 10,000 enterprise buyers. Green Labs, which now has over 650 employees, is laying off some of its workers as part of a restructuring after doubling employees following its Series C funding.

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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

Fast Company Tech

MARCH 18, 2025

Today, BYD is running neck and neck with Tesla for the top spot among global EV makers and it is the undisputed champion of the plug-in hybrid sector, with 40% of that market. The year also saw the companys rapid expansion across Asia and into Mexico, South America, Europe, and Australia. Last year, BYD delivered more than 3.8

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Companies Lithium Las Vegas Test 79

TechCrunch

AUGUST 16, 2022

“I had a case where the startup didn’t provide their most up-to-date cap table Excel sheet for more than two months, which made it hard for us to update our investment valuations and returns that were needed to be reported to our LPs,” Choi said. Currently, the outfit employs 45 people, Choi added. Image Credits: QuotaBook.

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Platform South Korea Management Raise 85

TechCrunch

NOVEMBER 9, 2022

Founded in 2006, the gaming company ran as a startup until 2016 when it was acquired by South Korea’s Netmarble Games for a reported $700 million to $800 million. It aimed to bring many Netmarble game titles to western markets. In March this year, Netmarble’s North American operations merged with Kabam.

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Goal South Korea Game Los Angeles 88

TechCrunch

NOVEMBER 2, 2022

Betting on web3 : Manish’s second story is on Microsoft, which is backing South Korea–based web3 game developer Wemade. Former Yext CEO Howard Lerman thinks he has created the best option with Roam, a company that came out of stealth today with $30 million in new funding, Kyle reports. Startups and VC. Get yer discounts!

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Alternative Raise South Korea Student 97