Coupang retains profitability in Q4 despite slowing growth
Tech in Asia » Korea
by Miguel Cordon
1M ago
The "Amazon of South Korea" recorded a net loss of US$92 million in 2022 ..read more
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Bain Capital leads $20m raise of Korean digital lender
Tech in Asia » Korea
by Miguel Cordon
2M ago
PeopleFund said it will invest the new capital to bolster its tech and expand the scope of its services.  ..read more
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Kakao Entertainment bags $964m from sovereign wealth funds
Tech in Asia » Korea
by Aditya Hadi Pratama
2M ago
Saudi Arabia's Public Investment Fund and Singapore's Pwarp Investment have backed the Korean company, according to reports ..read more
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Samsung backs Korean mental health platform’s $4.8m raise
Tech in Asia » Korea
by Miguel Cordon
2M ago
Mind Cafe provides mental health management services to companies such as Samsung, Naver, and Hyundai ..read more
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Korean webtoon platform banks $7.6m
Tech in Asia » Korea
by Miguel Cordon
3M ago
Postype helps content creators monetize their work and connect to fans ..read more
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Korean cloud service provider bags $60m from Emirates Telecoms unit
Tech in Asia » Korea
by Deepti Sri
3M ago
E& Enterprise also has an option to invest another US$60 million within 18 months of the deal’s completion ..read more
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South Korea-based BNPL firm bags undisclosed pre-series A money
Tech in Asia » Korea
by Shadine Taufik
4M ago
Openull is the pioneer of buy now, pay later services in Korea, launching its Ssomee app two years ago ..read more
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Terra co-founder Daniel Shin likely to testify on Terra collapse
Tech in Asia » Korea
by Miguel Cordon
4M ago
Shin will likely be questioned on the crash of TerraUSD and Luna, which has been linked to over US$40 billion in losses, Forkast reported ..read more
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Upbit operator allocates $380m to generate 10,000 jobs
Tech in Asia » Korea
by Shadine Taufik
4M ago
Dunamu will hire around 1,000 staff to fill developer roles and open consultation centers for Upbit users in Daegu, Gwangju, Busan, and Daejon, The Korea Herald reported ..read more
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Kakao co-CEO steps down after fire takes services offline
Tech in Asia » Korea
by Miguel Cordon
4M ago
Besides KakaoTalk, the accident also affected its ride-hailing, restaurant payments, news services, and game apps, a Reuters report noted ..read more
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