SPC shares Korean bakery know-how with Mongolian biz leaders

SPC shares Korean bakery know-how with Mongolian biz leaders

South Korea's SPC Group said on Monday that Mongolian government officials and local business leaders visited Passion5 in Hannam-dong, Seoul, last F...

PEN Ventures: A skilled startup accelerator for entrepreneurs going global

PEN Ventures: A skilled startup accelerator for entrepreneurs going global

For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...

Naver D2SF accelerates investments in Silicon Valley startups

Naver D2SF accelerates investments in Silicon Valley startups

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...

What's wrong with making money from startup exits?

What's wrong with making money from startup exits?

In South Korea, those who struck it rich from property investments are the subject of envy, but startup founders who make big money from their exits...

Asan Nanum Foundation invites innovators to startup pitch

Asan Nanum Foundation invites innovators to startup pitch

The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

Goldman Sachs lists Moloco CEO among exceptional entrepreneurs

Goldman Sachs lists Moloco CEO among exceptional entrepreneurs

Moloco Inc., a Silicon Valley-based ad-tech solution startup, said Wednesday that its co-founder and Chief Executive Ikkjin Ahn was named one of the...

Five most common frustrations of Korean entrepreneurs

Five most common frustrations of Korean entrepreneurs

A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

S.Korea to launch first cyber office for small, medium businesses

S.Korea to launch first cyber office for small, medium businesses

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...

Korean universities lag international peers in nurturing entrepreneurs

Korean universities lag international peers in nurturing entrepreneurs

The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile game Odin, has join...

LG Group to invest $119 million into 300 startups through 2025

LG Group to invest $119 million into 300 startups through 2025

LG Group announced Thursday it will invest 150 billion won ($119 million) into 300 startups through 2025.The conglomerate hosted Superstart Brand ...

Homegrown VCs turn to Korean American startups in search of unicorns

Homegrown VCs turn to Korean American startups in search of unicorns

Korean venture capital firms are ramping up their investments in Korean American-owned startups in the United States, mostly in Silicon Valley.The aim...

Capstone Partners: Korea's 'guardian angel' for early-stage startups

Capstone Partners: Korea's 'guardian angel' for early-stage startups

In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...

Serial entrepreneur builds gateway for cloud services

Serial entrepreneur builds gateway for cloud services

“You see all of these buildings? All of the companies in these buildings will become our clients."These were the words of Lee Han-joo, chief e...

Up to 70 mn won support given to young entrepreneurs using public tech (edited)

Up to 70 mn won support given to young entrepreneurs using public tech (edited)

The Ministry of SMEs and Startups announced on Friday a new program to support young entrepreneurs under the age of 39 who are interested in startin...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared