South Korea

US-based fitness app MyFitnessPal to launch localized apps for Asian expansion

San Francisco, California-based nutrition and fitness startup MyFitnessPal is set to launch localized apps with additional languages to build its audience in Asia, particularly in China, Japan, and South Korea.

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US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia

New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.

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South Korean content recognition firm Enswers scores $2M in funding from Samsung

Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.

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K-Cube emerges as a key player in South Korea's startup industry

Seoul, South Korea-based early stage venture capital firm K-Cube Ventures has emerged as one of the key players in the country's startup industry with its quick and risky investment deals that focus on startups that offer unique solutions to existing problems.

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Indian smartphone maker Micromax eyes stake in South Korean firm Pantech

Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.

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Family Mart Co Ltd to exit South Korean market through IPO

Family Mart Co Ltd has planned to leave the South Korean market through an initial public offering, said a report from Reuters.

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Belgian chemical firm Solvay completes acquisition of US-based Plextronics

Two weeks after receiving approval from the US bankruptcy court in Delaware, Brussels, Belgium-based chemical firm Solvay completed the acquisition of Pennsylvania-based electronics company Plextronics Inc to enhance its OLED (Organic Light Emitting Diodes) electronic display capabilities.

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Shanghai Media acquires South Korean variety show

Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.

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South Korean beauty box Memebox bags $1.5M in funding for US expansion

Palo Alto, US-based beauty box retailer Memebox, which was imported from South Korea, bagged $1.5 million in venture funding to establish its presence in the US.

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Samsung files patent to let users unlock screen with a doodle

South Korean electronics giant Samsung filed a patent on September 2012 for a new method that lets users unlock the screen and activate apps and certain commands using a doodle.

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South Korean researchers develop HMD 30 times faster than Google Glass

A team of researchers from Daejeon, South Korea-based public research university Korea Advanced Institute of Science and Technology (KAIST) led by Professor Yoo Hoi-Jun have developed a head-mounted display (HMD) which is 30 times faster than Google Glass.

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SM Entertainment invests in BALJUNSO for globalization of South Korea's indie music

Seoul, South Korea-based pop music publisher SM Entertainment invested an undisclosed amount to acquire shares in indie label BALJUNSO to contribute to the globalization of K-Pop's indie sector.

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Japanese messaging app Line to launch open sticker marketplace and Skype rival

Japan-based mobile messaging app Line will launch an open sticker marketplace called Line Creators Market in April and will also release a Skype-like service in five countries.

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Easy reading app of Boston firm Spritz to debut on Samsung Galaxy S5 and Gear 2

Boston, US-based app maker Spritz said it will launch its app that will make reading easier on small devices on the soon-to-come smartphone Galaxy S5 and smartwatch Gear 2 of South Korean electronics giant Samsung.

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DeNA invests in South Korean couple chat app Between

Japanese gaming platform and web services provider DeNA invested an undisclosed amount in Between, a chat app for couples created by South Korean firm VCNC, to help the app become an open platform.

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