TechCrunch

AUGUST 13, 2022

SpaceX launches South Korea’s first moon mission : South Korea has launched its first-ever lunar mission — a lunar orbiter “launched atop a SpaceX Falcon 9 rocket” ahead of plans to land on the surface some time in 2030. Meanwhile on Chain Reaction , Jacquelyn and Anita explain the U.S. additional stuff.

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The Next Web

SEPTEMBER 30, 2013

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. Zoyi (Marketing). Asia Entrepreneur News Roundups South Korea startups' Lateral (Search).

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TechNode

JANUARY 17, 2025

BYD is taking orders for its Atto 3 electric crossovers in South Korea at a starting price of 31.5 million won ($21,600), which is lower than that of almost all offerings from Hyundai and Kia, as the Chinese firm hopes to gain market share through an aggressive pricing strategy.

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The Verge

JULY 21, 2020

LG has launched a repair program for some of its OLED TVs sold in South Korea since 2016, Yonhap News reports. A spokesperson for the company said that the issue only appears to be affecting TVs sold in South Korea for now, but added that LG is “investigating other markets” for potential issues.

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The Verge

SEPTEMBER 14, 2021

billion won (around $177 million) in South Korea for abusing its dominant market position to stop device manufacturers from using modified versions of Android, Bloomberg reports. The ruling comes on the same day as the so-called “anti-Google law” goes into force in South Korea. Google has been fined 207.4

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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.

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TechCrunch

OCTOBER 6, 2023

South Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to $50.5 According to the KCC statement, the two Big Tech giants abused market dominance to force local app developers to use […]

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TechCrunch

DECEMBER 5, 2023

Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world’s largest esports markets is “prohibitively expensive.”

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TechNode

FEBRUARY 6, 2025

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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The Verge

APRIL 21, 2021

Hyundai is discontinuing its first mass-market electric SUV, the Kona EV, in South Korea following a massive recall due to a fire risk in the battery pack, the Yonhap news agency reports. It’s also still one of the more affordable electric vehicles on the market in North America that has more than 250 miles of range.

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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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TechCrunch

AUGUST 22, 2022

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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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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TechCrunch

JUNE 7, 2022

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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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.

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TechSpot

SEPTEMBER 14, 2021

The latest comes from South Korea's Fair Trade Commission (KFTC), who recently announced that it levied a 207.4 billion won ($177 million) fine on the search giant for allegedly abusing its market power in the Android ecosystem and stifling competition and innovation in. Google is no stranger to antitrust fines.

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The Next Web

JUNE 6, 2018

Even though some people might have a hard time pointing out South Korea on a map, almost everybody knows South Korean companies like Samsung and LG — but they aren’t the only noteworthy companies in the country.

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TechCrunch

FEBRUARY 14, 2023

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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TechSpot

JUNE 22, 2022

We have yet to see any Intel Arc GPUs outside of South Korea and China, despite the company's initial promise that it would flood the market with a wide range of desktop and laptop models. However, judging by early benchmarks and the relatively slow driver development around Team Blue's discrete.

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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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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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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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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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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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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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TechCrunch

FEBRUARY 6, 2022

Founder and chief executive officer of Swing San Kim told TechCrunch that the startup will use the proceeds to increase its fleet of micromobility and further penetrate the Japanese market. Swing aims to take the market. No one doubted the market potential. Swing currently has more than 50 franchise partners, Kim said. . “No

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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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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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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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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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TechCrunch

MARCH 2, 2023

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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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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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 While leading online lenders in the U.S.

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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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TechCrunch

MAY 10, 2022

Seadronix will use the capital to grow its team beyond the current headcount of 30 employees and enter global markets, including Singapore and Europe, where its “smart ports” are located, Byeolteo Park, CEO and co-founder, said in an interview with TechCrunch. Image Credits: Seadronix.

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TechCrunch

JANUARY 17, 2022

South Korea-based human resources management platform flex announced today it has closed a $32 million Series B round at a valuation of $298 million. However, flex plans to expand the addressable market by targeting new industries in the SMB space this year. The startup has primarily been serving SMBs in the IT sector.

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Socialbrite

AUGUST 4, 2020

W ith the onset of the coronavirus pandemic, nonprofits and social enterprises have had to rethink their marketing strategies. In this post, we will share some principles that you can incorporate into your social media marketing strategy to keep your user base intact. Social media marketing during COVID-19. Post by Alma Causey.

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