Korea
What You May Not Have Known About Korea, ‘Land of the Morning Calm’ & Now Startup Hub in NE Asia
2014년 04월 29일

Korea, once referred to as the ‘Land of the Morning Calm,’ is emerging as one of the key startup hubs in Asia. I have witnessed firsthand the exponential pace of change in this once conservative and shy nation over the last ten years, and I am encouraged by the hunger with which local founders are embracing the challenge and opportunity presented by entrepreneurship. As predictable and arduous corporate careers begin to lose…

Who gets into Accelerators? New stats Out
2014년 04월 24일

As accelerators have fully taken root in Seoul’s burgeoning startup ecosystem, with at least ten being worthy of mention, statistics have just been released to help founders get visibility into the profile of successful applicants to startup Accelerators. More than 250,000 founders and 47,000 startups globally use F6S’ accelerator recruiting tool, and approximately 90% of Accelerators globally use the advanced platform to take applications, manage community and select successful applicants. The results…

Eight News Stories From Korea’s Mobile & Technology Industry, Featuring Samsung, LG, Pantech
2014년 04월 21일

1. Pantech Co., South Korea’s smallest smartphone manufacturer after Samsung and LG, recently raised concerns over a mobile carrier’s decision to cut the factory price of its smartphone, saying the two did not have an agreement on the matter. LG Uplus said it will slash the price of Vega Secret Up smartphones by 37%, to $577.92 from the previous price of aroun $900, claiming the move is meant to help Pantech expand…

Register today for 20% off GMIC – Asia’s Largest Mobile Conference
2014년 04월 17일

Established in 2009, the Global Mobile Internet Conference (GMIC) Beijing is arguably Asia’s most influential mobile industry conference. Taking place on May 5-6, 2014, GMIC will attract over 10,000 mobile industry executives, entrepreneurs, developers and investors from 30+ countries. This year, as part of our partnership with GMIC, our own Global Director, Nathan Millard, will be moderating a panel with four of Asia’s top investors from Korea, Japan, and China to discuss…

Bitcoin in Korea Forging Ahead Despite Global Concerns
2014년 04월 14일

Korea is adapting quickly to bitcoin, and while there is some uncertainty about how quickly the cyber-currency will roll out more widely there are signs already that it is here to stay and hopes that Korea will become a leader in the industry. Already Korean Bitcoin startup Coinplug has raised two rounds of funding to rapidly expand their growth (see previous article here). The company has also quickly moved from a purely…

Facts That Make The Korean Startup & Tech Environment One of The Most Interesting in Asia
2014년 04월 11일

This article gives a round-up of recent news from the Korean startup and tech environment. Please feel free to suggest updates and additional news. If you want to check out Korea for yourself, we suggest coming to Seoul, May 14-15, for beLAUNCH, Korea’s top tech and startup event. While the event is based in Korea we welcome startups from across the world and have secured a top line-up of global speakers who…

Discover Korea’s Top Startup Event in May: beLAUNCH Agenda Now Live!
2014년 04월 11일

May 14-15 sees the return of beLAUNCH, Korea’s top tech and startup event for the Global Entrepreneurship Community. This year the event will be held in the brand new and impressive Dongdaemun design Plaza in the heart of traditional Seoul. Now that we are only a few short weeks away from launching the event we are able to officially release the full agenda for the conference that features some of the biggest…

Korea’s Changing Landscape for Entrepreneurs
2014년 04월 10일

Korea is a country traditionally tied up in confusion societal order with a fierce preservation of tradition and status quo. Yet with this backdrop for tradition, Korea has obtained the highest levels of Internet access and lighting speed connections with intent now to upgrade to an unprecedented next-generation 5G wireless service that will be able to download full-length movies in one second. While the older generation listen to calming folk song and…

Korean Startup, Malang Studio, raises 2.0 billion KRW For Expansion From Yellow Mobile
2014년 04월 10일

Malang Studio, well known for their popular alarm app, AlarmMon, has recently raised 2.0 billion KRW (aprox. $1.9M)  in its latest fund raising round from Yellow Mobile, a leading local mobile-centric company who’s business portfolio ranges from mobile commerce to media/publishing and marketing/advertising. This fund raising by Malang is the latest of the series of milestones that the company has accomplished in recent months. Early this year, the company achieved a break-even in its monthly financial…

Korean Accelerator SparkLabs Recent Batch Graduates, Here’s Four of The Best
2014년 04월 10일

Review of The Best of Sparklabs Session 3 Startups, from beSUCCESS Writer Christine Bernard 1Day1Song is a Korean music discovery app. For a full day, the app will play a song from its artist of the day and will then display an exclusive background information provided by the performer. They have already launched on iOS with 64,000 users, and will launch on Android this summer. The app will also be launched in…

What Made Silicon Valley’s DFJ Make a Follow-on Investment In A Bitcoin Startup From Seoul
2014년 04월 09일

Coinplug, one of Seoul’s foremost bitcoin startups has just announced that they have raised a second round of funding from Silicon Valley VCs, to the tune of $400k. This replicates a funding round that the company received just last November for the same amount. What is also impressive is that both rounds have come from Silicon Valley based Investors, a once rare occurrence for Korean startups. This story also follows news we…

The Korean Peninsula in the Throws of Two Wars, Deadly Missiles and Cute Characters
2014년 04월 01일

There are two wars tearing apart Korea at the moment. One involves flying missiles and deadly danger, and the other is a tech battle between cute characters. While the south has returned fire today against the North for firing missiles into disputed ocean off the coast of the peninsula, Line and KakaoTalk are battling against each other in a cold war that is developing between the two mobile messaging apps.   LINE…

Korea’s Pivotal Moment As Entrepreneurship Takes Centre Stage
2014년 03월 31일

In January in Davos, Switzerland, South Korea’s first female President, Park Geun-Hye pushed forward with a multi-billion “Creative Economy” policy. Although Korea has seen a great rise in GDP and living conditions in the last 50 years, President Park now believes the current economic growth environment in Korea has reached its limit, and just like startups often need to, she has decided to pivot the Korean economy to embrace innovation as a…

Life Moves Fast at Korean Startups, Shakr Media’s Newest Hire Shares His Experience
2014년 03월 28일

Within two weeks of joining Shakr, a Seoul and San Francisco-based video creation startup, I was on a 4:00 p.m. flight to San Francisco to represent the company at Google’s annual conference for it’s biggest advertising partners. The plane touched down at 9:00 a.m., I went into the bathroom at the airport to put on a suit, grabbed a “you might need two hands for that” sized black coffee, and went straight…

Calling Asian Manufacturers in Internet of Things, Wearables, and Hardware Innovation: Showcase At beLAUNCH for FREE
2014년 03월 19일

Asian Manufacturers in Internet of Things, Wearables, and Hardware Innovation Showcase At beLAUNCH for FREE Apply here This year beLAUNCH is giving Asian hardware manufacturers a chance to showcase their most innovative products at beLAUNCH, May 14-15 in Seoul, for free. We are providing hardware manufacturers and those at the cutting edge of hardware, wearable tech, and the internet of Things (IOT) an opportunity to demonstrate their products in a special ‘Innovation…

beLAUNCH Spotlight: Event Themes At NE Asia’s Top Startup & Entrepreneurship Event
2014년 03월 18일

beLAUNCH 2014 is shaping up to be everything we have promised, NE Asia’s foremost tech startup and entrepreneurship event. This post highlights some of the themes you can expect from the event, and don’t forget to book your early bird tickets before the end of March for the best prices Click here. Tech Trends: This year beLAUNCH will be tackling some of the hottest themes in tech. It has been seven years…

Top News Items From Korean Tech: Mobile Commerce Grows, Naver Shares Bounce Back, Pantech in Trouble
2014년 03월 03일

Mobile Shopping Users In Korea Exceed 20M For First Time A recent survey has shown that Koreans using mobile shopping applications has grown such that there are now more mobile shoppers than there are KakaoGame players in Korea. According to Rankey.com who conducted the survey, the number of shopping app users totaled 21.63M, as of January 2014. This figure is 2.7M higher than the number of KakaoGame Play users and represents a…

Two Top Stories From Samsung at Mobile World Congress This Week
2014년 02월 25일

Samsung unveils Tizen-based wearable devices Samsung Electronics Co., the world’s largest maker of smartphones, unveiled its first wearable devices that run on its own mobile operating system Tizen in Spain on Sunday, as it seeks to break its heavy reliance on Google Inc.’s Android software. The unveiling of the Samsung Gear 2 and Gear 2 Neo, Samsung’s successors to the Galaxy Gear, which was released in September last year, also comes as…

Korea Stands Out In Asia As a Key Test Market For Global Tech Companies, Including Facebook
2014년 02월 24일

There has been much talk about Facebook’s inability to crack the tough, localized Korean market, but in an interview with Facebook’s top brass in Korea, this situation seems to be improving. Korea is a key test market for Facebook and this should send a message to other global tech companies hoping to do business in Korea, particularly those engaged with expansion on mobile. It was also proven last year that Facebook was taking…

As Facebook Buys WhatsApp, What’s The Future of Korea’s Top Messaging App, Kakao Talk?
2014년 02월 20일

Kakao Corp., developers of Korea’s favorite messaging service and social platform, Kakao Talk, will be listing its stock publicly next May. This follows the recent news that SundayToz also successfully listed its stock in August 2013, and demonstrates further growth in the domestic tech industry, that has been attracting much attention in the international press attention recently. What’s more interesting though is the potential opportunity that Facebook has presented following today’s news that…