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Global startup accelerator Techstars said it would accept applications for its first South Korea-focused accelerator program through March 1, 2020 to tap into the tech-savvy nation’s large pool of talents in a landscape firmly supported by the government. The first phase of the accelerator progra...
Co-working space giant WeWork said Dec. 6 that it had launched 52 locations in cities around the world in December, a monthly record. It plans to open more offices before the end of this year. In the past 90 days, the New York-headquartered company signed new contracts with 280 companies. Two-thir...
A National Assembly committee on Dec. 6 passed a revision bill that would effectively stop operations of the van-hailing service Tada, which has been facing a fierce opposition from the taxi industry. The revision to the transport act, approved by the parliamentary transportation panel, restricts ...
Office space sharing firm Sparkplus said on Dec.3 it has recently closed a 30 billion won ($25.3 million) round of series B funding. With the new investment, the office-sharing firm has raised 60 billion won since it launched the first coworking space in Yeoksam, southern Seoul, in November 2016. ...
SK Group’s Chinese unit is setting up a 1 trillion won ($848 million) worth fund with Hillhouse Capital, according to a local media outlet. SK China, which was founded in 2000 to oversee the group’s business in the country, will invest 100 billion won as part of its efforts to find future growth...
Social innovators from South Korea, the Netherlands and Taiwan emphasized citizens’ participation to achieve successful social innovation during a gathering of social innovators that took place Nov. 28-30. The experts were invited to share their experience of reviving a small city by bringing tog...
CHUNCHEON, Gangwon Province -- About half of South Korea’s 51 million people live in Seoul and the surrounding area. What that means is that smaller cities often find themselves taking a backseat for many things including economic opportunities or culture events. They are also losing a lot of youn...
SmartStudy CFO Lee Seung-gyu on Nov. 29 shared some secrets behind the company’s animated characters like Baby Shark at K-Startup Week ComeUp 2019. During the event, Lee emphasized that localized content was crucial to the company’s success in the global market. “Emotion and music are universa...
Blockchain firm Coinplug said on Nov. 28 that it showcased decentralized identity, or DID, solutions, during the ASEAN-Republic of Korea Commemorative Summit in Busan. Participating in an exhibition, named AEAN-Korea Smart City Fair, from Nov. 25 to 27, the firm introduced its solutions that help ...
This week puts South Korea’s second-largest city Busan on the spotlight as the leaders of the 10 ASEAN countries gather for important meetings. The city not only welcomed the politicians but also entrepreneurs hailing from outside the city. D.Day, one of the longest running demo day events in Sou...
BUSAN -- Indonesia, which was behind other developed nations in terms of internet penetration in the PC era, is now one of the most connected nations thanks to the increasing adoption of smartphones. Taking a selfie and uploading it in on social media before digging in at a restaurant has become s...
BUSAN -- During a panel discussion at the Startup Expo in Busan, three accelerators with distinctive characteristics shared a crucial factor in selecting startups to support -- people. The event took place on the sidelines of the 2019 ASEAN-Republic of Korea Commemorative Summit. Eugene Kim, co-f...
Southeast Asia-based startups emphasized the importance of being open to foreign talent during the Unicorn & Startup Talk Concert, held Nov. 26 on the sidelines of the ASEAN-Republic of Korea Commemorative Summit. During the event, three representatives of Indonesian startups discussed the startup...
HELSINKI -- “The seats you are sitting on are something of a legend, as they come from Microsoft’s co-working space right here in Helsinki,” said Anne Badan, co-founder and CEO of not-for-profit organization The Shortcut on Nov. 19. For three years, Microsoft operated its co-working space, Flux...
BUSAN -- Promising Southeast Asian and Korean startups showcased their businesses on Nov. 25-26 in Busan as South Korean and ASEAN leaders promised to strengthen partnership to foster startup ecosystem during Startup Expo, an official side event of the ASEAN-Republic of Korea Commemorative Summit. ...
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