Reports and Research
Merged Korean Gaming Powerhouses Launch Joint Gaming Platform to Combat Kakao & Line
2014년 07월 01일

Korean gaming giants, Gamevil and Com2us, which were in fierce competition for the last 15 years, are now actively seeking to create synergy in line with their M&A deal that we reported last year. Following Gameville’s acquisition of Com2us, the two firms have working towards release of their new combined platform HIVE, which is now live. After struggling against the huge success of KakaoTalk’s gaming platform (released in July 2012), the two companies…

A look Into The Next Big Thing In Korean Mobile Dating, Seoul-based Startup Chinchin Lunches Beta Service
2014년 06월 25일

CHINCHIN is a social dating app that is creating a new type of interaction for the dating scene by connecting you with friends of your friends. This in a bid to remove the dangers of connecting online with complete strangers. Recently at beLAUNCH, the company won the Asan Nanum Foundation Prize, and $18k as a non-equity cash investment. With the increasing levels of spam on Facebook, people are now less willing to talk…

Kakao-Daum – The Next Big Thing From Korea?
2014년 05월 28일

I have been following the story of Kakao Corp closely over the last two years and its been an interesting ride so far, due to get much more so with the merger announced this week on betech.asia. While ‘many’ are confused about the benefits of a rising Kakao merging with Daum Communications, an internet portal in decline, I believe that there are a few key factors that ‘many’ are missing. Kakao Corp. – A Brief Intro: Kakao Corp…

Four Killer Presentation Tips for the BeLaunch Startup Battle
2014년 05월 12일

BeLaunch 2014 kicks off this Wednesday in Dongdaemun, but It’s a fair bet that some of the contenders in this year’s startup battle are still perfecting their presentations. I did competitive pitches for almost 10 years in the PR industry and now I’m telling the world about my current company. From this experience, I’ve found some clear attributes that winning pitches have. Here’s the list: 1. Tell a Great Story Your slides…

500 Startups, Gangnam Style!
2014년 05월 08일

500 Startups: Asia is all about the mobile internet. And one particular country, home of amazing food and amazing connectivity has quietly been a technology leader not just regionally but worldwide. That’s right, I’m talking about Korea: home of 2NE1, PSY, Samsung, and a quickly growing tech startup scene. For a country of roughly 50 million people, Korea is disproportionately important in technology. Did you know that it was ranked second in the world…

An Angel’s Perspective on Investing In Korean Startups
2014년 05월 05일

Aviram Jenik is a rare entrepreneurial breed in Korea. He has built and exited two global companies and his third venture, Beyond Security, is working steadily towards an IPO in the US. In his free time Aviram makes Angel Investments in and coaches Korean entrepreneurs. I caught up with him recently to learn about his experiences as an Angel Investor in Korea. Disclaimer: Ok, before you think you’ve missed something, Aviram is…

Food Delivery App War in Korea Heats Up: Yogiyo Vs Baedari-Minjok
2014년 05월 02일

Food delivery in Korea is among the best in the world, and there are now two heavyweights battling it out for ultimate supremacy. Yogiyo was founded by Team Europe as a quasi-copycat app to the existing local player, and allows ordering by either calling the restaurant directly or by using an in-app quick messaging service. As a foreigner, the addition of the quick messaging service is really handy. It means I don’t…

What You May Not Have Known About Korea, ‘Land of the Morning Calm’ & Now Startup Hub in NE Asia

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…

Top 10 Most Valuable Korean Venture Companies: Kakao Still Reigning With Its Unquestionable Supremacy
2014년 04월 15일

Original data for this post taken from an article in Korean on Under The Radar, with additional editing from Hugh Yoon and Nathan Millard: Under The Radar, a prominent IT and Startup focused blog, recently published a top 10 list of venture backed enterprises in Korea. Not surprisingly, Kakao was placed number one in the list by a wide margin. In Korea, unlike most other venture ecosystems around the world, success is…

Seven Top News Items From The Korean Tech Scene This Week
2014년 04월 15일

1. Samsung has released its latest Galaxy S5 smartphone and wearables in 125 countries around the world as it battles squeezed profits and challenges to its top market position. Such a large simultaneous launch is the biggest of its kind for any of its previous products. The previous generation S4, the best selling android phone ever, started selling in 60 countries, and the Note 3 was first released in 58 countries. 2….

A Year of Success in the World of Cookie AWWWESOMEness : The Cookie Run Art Team
2014년 04월 12일

Last week Cookie Run, one of the most popular mobile games in Korea, celebrated its one year anniversary after a year that has been huge the game and the developer team behind it. The game has seen four consecutive quarters of outstanding revenue and two months ago released on LINE. Since this global release, Cookie Run had over 10 million downloads in Thailand alone, and the game continues to dominate in Asia…

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…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 5
2014년 04월 04일

Finally, we’re back after some pause! It seems like we have some great lineup of startups for our list today. Some of the tech companies mentioned here are really hot in the Korean startup scene at the moment. I was personally impressed by these companies while writing the piece, and I’m sure you want to know them if you’re interested in Korean startups as well. If this is your first time reading…

Korea is 10 years ahead of the World in the use of Technology to Improve Transportation Systems
  ·  2014년 03월 31일

Public transportation systems are still clumsy to use. If you are in the stone ages of technology, you are standing in queue to buy your ticket. Then joining another queue to get your ticket verified and enter the station. And not to forget, you are asked to tender exact change at the ticket counter; another hassle. If you are in the more developed world, you need to carry a card that helps…

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…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 4
2014년 03월 26일

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every week, we will introduce you to 20 startup companies that got into the list in alphabetical order. Here’s the first 10 companies of our list for this week: Handstudio Category: Contents Key People:…

Another One Bites The Dust: Groupon, Another Global Tech Corporation Plans Exit From Korea
  ·  2014년 03월 25일

Groupon recently announced liquidation of all assets of Groupon Korea, and a plan to focus all its efforts to promote its recent acquisition Ticket Monster (TMON) in Asia’s third largest e-commerce market. Groupon now joins the long list of global companies, which have failed to capture market share in South Korea. Recently (December 2012), Yahoo also shut down its Korean operations, as profitability became an issue in South Korea. South Korea is…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 3
2014년 03월 20일

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every Tuesday and Thursday, we will introduce you to 10 startup companies that got into the list in alphabetical order. Here’s our list for this week: Cosmic Color Category: Commerce Key People: Jerry Yang…