THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Startups & Investors

June 30, 2020
Mesh Korea, Beam partner up for battery charge

Logistics service provider Mesh Korea said June 30 it is partnering with Beam Mobility, a Singapore-based micro-mobility company, for battery charging services. Drivers’ of Vroong, Mesh Korea’s last-mile delivery service, will provide charging services for Beam’s e-scooters during their idle ti...
June 30, 2020
FSS finds no proof on alleged hacking attempts of Toss: sources

South Korea’s financial authorities have tentatively concluded that unauthorized payments made on fintech platform Toss were not caused by any security breach, according to sources on June 30. The Financial Supervisory Services found no proof on alleged hacking attempts, they were quoted by Yonh...
June 29, 2020
Seoul emerges top 20 in global startup ecosystem report

Seoul, the capital of South Korea, has emerged as top 20 in Global Startup Ecosystem Report 2020 for the first time since the report by Startup Genome was published in 2012. In its recent report tracking the growth of startup ecosystems around the world, Startup Genome gauges a number of metrics s...
June 23, 2020
Coupang vows to sterilize millions of Rocket Delivery orders

Coupang, an e-commerce giant, said on June 23 it will reinforce hygiene measures to cleanse and sterilize millions of products ordered through its Rocket Delivery. Before the products are delivered to customers, the delivery worker will use a portable disinfectant to sterilize the product. The di...
June 22, 2020
Korea to allow conglomerates to own startup VCs

South Korea is reportedly working on relaxing financial regulations to allow conglomerates to own venture capital firms for boosting the startup ecosystem, according to news reports on June 22. The government is also preparing measures to prevent side effects that could stem from deep-pocketed bu...
June 17, 2020
Coupang ranks 2nd in CNBC Disruptor 50

Korean e-commerce giant Coupang said on June 17 it ranked second on the CNBC Disruptor 50, a list of 50 private companies with the potential of becoming the “next generation of billion-dollar businesses,” as designated by the US broadcaster. Coupang said it was included in the list in a first f...
June 11, 2020
Lawmakers call for eased rules for conglomerates’ investments in startups

A group of lawmakers, professors and industry officials on June 11 urged the government to relax regulations that have prevented the marriage between industrial and financial capital, stressing that it hinders growth of corporate venture capital. The South Korean government has long prevented non...
June 10, 2020
SmartStudy invests in animation studio Red Dog Culture House

SmartStudy, the creator behind the hugely popular “Baby Shark” song, and its venture capital arm on June 10 said it had decided to invest in animation production specialist Red Dog Culture House. SmartStudy said the latest investment, worth 10 billion won ($8.3 million), was part of the company’...
June 09, 2020
Viva Republica in hot water over unauthorized payments on its fintech platform

Viva Republica, which runs money transfer platform Toss, said on Monday it has found unauthorized payments made on its system, and is working to find the exact causes of the incident. According to the fintech firm, a total of eight unauthorized purchases, worth 9.4 million won ($7,853) were made ...
June 09, 2020
Grab launches program to help small businesses go online in the ‘new normal’

Southeast Asia’s leading ride-sharing platform Grab on Monday announced a Small Business Booster Program in an effort to help small businesses in the region adapt to the COVID-19 new normal. The program includes tools and initiatives to make it easier for offline businesses to make the shift onli...
June 03, 2020
Coupang dragged down by virus outbreak, labor issues

The rapid growth of e-commerce giant Coupang has been clipped recently upon the recent outbreak of COVID-19 infections at its logistics centers in addition to sudden deaths of its workers in the past months. On June 3, a civic group filed a complaint against Coupang’s founder and CEO Kim Bom-suk...
June 02, 2020
Laundry service startup Laundrygo snaps up W17b

South Korea’s same-day laundry service startup Laundrygo said on June 2 it had raised a 17 billion won ($13.9 million) series B round funding from multiple venture capital houses, amid growing demand for daily life services offered without physical contact in the pandemic era. New investors in t...
June 02, 2020
Antitrust watchdog fines Yogiyo W478m for market power abuse

South Korea’s antitrust watchdog has fined local delivery platform Yogiyo 468 million won (about $380,000) for abusing its superior position at the expense of small restaurants, officials said on June 2. Yogiyo set up by German-based Delivery Hero in 2011 is a mobile and online food delivery pla...
June 01, 2020
KITA partners with Startup Junkie for US test bed

The Korea International Trade Association said Monday it is joining hands with US-based Startup Junkie to back Korean startups to test their technologies and products overseas. The partnership deal was signed by chief of KITA’s innovation growth division Dong-ki and Louis Diesel, director and hea...
June 01, 2020
Electric bicycles demand surges amid COVID-19 outbreak

South Korean bicycles maker Samchuly Bicycle said on June 1 its sales of electric bicycles have surged as people are looking for new ways to travel amid the coronavirus outbreak. According to the company, its sales of electric bicycles have surged 34 percent on-year in the first quarter as they c...

1 2 3 4 5 6 7 8 9 10

EDITOR'S PICKS

Herald Corporation |
CEO : Jeon Chang-hyeop |
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |
Title : The Investor |
Date of registration : 2016.06.21 |
Date of issue : 2016.06.21

Publisher. Editor : Jeon Chang-hyeop |
Chief Privacy Officer & Juvenile Protection Manager : Ahn Sung-mi |
T +82-2-727-0114

FAMILY SITE GO

Company Registration No. 104-81-06004 |
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |
Business info |
Gov’t registration No. Seoul 아04099