Millie Seojae introduces AI book reader

Millie Seojae, the e-book platform subsidiary of South Korea's KT Corp., announced on Thursday that it introduced an AI text-to-speech (TTS) feature...

Kakao Brain unveils AI development library Trident

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...

E-book platform Millie's Library drops IPO plan on tepid market interest

South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional investors, marking the...

Telecom giant KT considers turning into holding company structure

KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...

MBK chair says philanthropy, writing are equally important in his life

Michael ByungJu Kim, founder and chairman of Korea’s largest private equity firm MBK Partners, will donate 30 billion won ($26 million) to the...

Nexon reveals upcoming 'super' games, eyes entertainment IPs

South Korea's leading game company Nexon Co. has unveiled a massive lineup of super games in development alongside plans to expand its intellectual ...

Korea’s leading e-book startups eye IPO in 2022

South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...