THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Startups

May 12, 2020
Korean startups consider COIVD-19 an opportunity: survey

Korean startups find the COVID-19 pandemic positive for the country’s startup ecosystem in the future, a survey by the Ministry of SMEs and Startups showed on May 12. Out of 492 respondents, 42.5 percent said the COVID-19 pandemic will bring about either a very positive or positive impact on the ...
May 11, 2020
SK Holdings leads Hummingbird Bioscience’s $6.5m Series B extension funding

SK Holdings said Monday it is the lead investor in Singapore-based Hummingbird Bioscience’s $6.5 million Series B extension funding round. Hummingbird Bioscience, founded in 2015 in Singapore by former members of global pharma giant Sanofi, researches for novel antibody drugs. Antibody drugs are ...
May 08, 2020
Grocery delivery firm Market Kurly attracts W200b investment

Market Kurly, a fast-growing grocery delivery startup, announced on May 8 that it has attracted 200 billion won ($164.3 million) in Series E funding. Led by investment firm DST Global, a group of global investors, including Hillhouse Capital, Sequoia Capital China, Fuse Venture Partners, SK Networ...
May 07, 2020
VCs’ overseas investments increase in Q1 despite COVID-19

Overseas investments by Korean virtual capitalist firms rose in the first quarter this year despite the COVID-19 pandemic, data showed May 7. According to data compiled by Korea Venture Capital Association, carried out after surveying 30 investments abroad, worth a total of 104.9 billion won ($85....
April 29, 2020
Coupang launches same-day delivery for fresh groceries

South Korean e-commerce platform Coupang launched a same-day Rocket Fresh service on April 29. The service will allow customers who order fresh food items before 10 a.m. to receive them by 6 p.m. The Rocket Fresh service has been operating its dawn overnight deliveries since October 2018. Coupa...
April 28, 2020
GangnamUnni raises W18.5b in Series B

Healingpaper Co., the operator of cosmetic surgery review platform GangnamUnni, raised 18.5 billion won ($15 million) in its series B funding round, the company said April 28. In the latest round of fundraising, led by Legend Capital, KB Investment and Hana Ventures signed on as new investors, joi...
April 24, 2020
Four takeaways from startups’ 2019 financial statements

E-commerce expands Many observers are worried about Coupang’s continued loss-making performance, but the e-commerce unicorn -- backed by SoftBank’s Vision Fund -- has narrowed its operating loss to 720 billion won ($582.9 million) in 2019, with revenue of 7.2 trillion won, jumping 64 percent on-...
April 22, 2020
Tech startups squeezed by lower funds, jobs cut amid COVID-19 pandemic

If the impact of COVID-19 continues, four out of every 10 startups might fold up in the coming three months without remedial measures, a survey on tech startups showed April 22. According to US-based research firm Startup Genome’s survey on the pandemic’s impact on startups, a majority of them...
April 22, 2020
Crowdfunding platform Wadiz launches offline space to showcase products

South Korea‘s crowdfunding platform Wadiz said on April 22 it has launched an offline space to help fund-raising efforts by showcasing their products to visitors and funders. Located in eastern Seoul, Gonggan Wadiz features a display room for “makers,” or those with an ongoing fundraising pro...
April 20, 2020
Mobile Fest launched as first Asian mobile video festival

Asia’s first mobile video festival “Korea Mobile Fest (KMF)” that was kicked off today will attract and award creative short films, organizers said Tuesday. KFM, jointly run by startup accelerator D.Camp, media company Herald Corp. and data tech firm Aroundus, is a contest platform open to all,...
April 16, 2020
Extended social distancing offers opportunities for Korean alternatives to Zoom, Skype

At the beginning of the COVID-19 epidemic in Korea when people suddenly had to embrace remote working and social distancing, they turned to well-known tools provided by international tech companies, such as Google’s Hangouts and Microsoft’s Skype. The biggest beneficiary of the increased demand w...
April 03, 2020
Grocery platform Kurly sees surge in revenue, operating loss

Kurly, operator of grocery delivery platform Market Kurly, said Friday that its revenue soared but losses mounted last year. The South Korean startup best known for its dawn delivery logged 328.9 billion won ($267 million) in revenue in 2019, jumping 173 percent from the previous year. Its operati...
April 03, 2020
Hana Bank, Woowa Brothers to create rating model based on online food orders

Restaurants available on delivery app Baedal Minjok will have a broader access to loans from a commercial bank, if they show proof that they were winning more online food delivery orders. This will be part of commitments in a memorandum of understanding by Korea‘s mobile food delivery unicorn Wo...
April 02, 2020
Tmon pushes the envelope, plans IPO

South Korea’s Tmon announced on April 2 that it posted its first monthly operating profit in 10 years, and plans to get listed next year. The firm recorded 160 million won ($130,000) operating profit last month, becoming the first local e-commerce platform operator to be in the black. The impr...
April 02, 2020
SendBird acquires video conferencing platform Roundee.io

SendBird, a leading startup in chat and messaging application programming interface service for mobile and web applications, said April 1 it has acquired enterprise video conferencing platform Roundee.io. The San-Mateo-based company said it will use Roundee.io’s core technology and key engineerin...

1 2 3 4 5 6 7 8 9 10

EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |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 : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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