A poster promoting start-ups is posted on a university campus in Seoul on April 12. According to the Ministry of SMEs and Startups as well as Statistics Korea, last year 152,000 start-ups whose founders were under 30 were created.
Sendbird, a California-based start-up that offers messaging solutions, announced Wednesday it raised $100 million in Series C funding led by Steadfast Capital Ventures.
This year has been a rough one for companies of all size, from start-ups to major corporations. Choi Sung-jin, executive director of the Korea Startup Forum, however, said that the start-up community has seen steady growth and could grow further.
One of the most notable moment in the U.S. stock market this year was the Nasdaq listing of so-called unicorn Airbnb. Korea’s unicorn start-ups, on the other hand, are yet to see a single successful acquisition or initial public offering (IPO).
TvN drama series “Start-Up,” which ended on Dec. 6, was a stepping stone for actor Kim Seon-ho on his journey to stardom. The story initially focused on youths preparing to tackle any challenges they encounter as they try to develop their start-up...
Google Korea will postpone the implementation of a new policy that would force a 30 percent commission fee on all in-app purchases to September 2021, the company announced Monday.
Korea is the only country among the world’s top 15 by GDP to completely ban telemedicine practices. Unlike the United States and Britain, Korea has not adopted electronic discovery processes, or e-Discovery.
Car-sharing app SoCar became the first mobility start-up in Korea to be valued above 1 trillion won ($873 billion), the company said Friday.
The project is led by Saemangeum Development and Investment Agency (SDIA), a government agency that is part of a larger project to develop a new economic hub on the west coast.
The Korea Internet Corporations Association, a nonprofit group representing Korean IT firms, reported Google headquarters and its Korean office to the Korea Communications Commission (KCC) on Monday, accusing it of violating domestic laws.