OpenAI CEO Sam Altman encourages South Korea to supply chips in AI boomAltman, after crisscrossing Europe last month meeting lawmakers and national leaders to discuss AI's prospects and threats, has travelled t...
09 Jun, 2023, 06.50 PM IST
OpenAI CEO Sam Altman visits South Korea as country seeks to encourage AI developmentAfter crisscrossing Europe last month meeting lawmakers and national leaders to discuss the prospects and threats of AI, Sam Altman has tra...
09 Jun, 2023, 09.51 AM IST
BTS agency HYBE joins battle for South Korea's SM with tender offerThe news comes just days after SM Entertainment announced a 217 billion won ($172 million) share sale to Kakao Corp on Tuesday, giving the ...
10 Feb, 2023, 02.36 PM IST
South Korean President Yoon calls for quick resumption of popular messaging, portal servicesService disruptions, some of which continued into Sunday, hit some of the country's most-used apps and websites, including Kakao messenger ...
16 Oct, 2022, 10.30 PM IST
Where does BlackRock see value in India’s biggest IPO?India’s technology landscape has evolved so rapidly since 2016 that most businesses nowadays pay next to nothing for receiving customer pay...
05 Nov, 2021, 10.25 AM IST
Global shares linger at peaks ahead of Fed moveGlobal shares hovered at record highs while currency markets and U.S. Treasuries were steady on Wednesday, as investors looked to the expec...
03 Nov, 2021, 08.34 AM IST
Overlooked IPO markets suddenly booming as China deals slowTech companies from India, South Korea and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing pas...
29 Aug, 2021, 09.12 AM IST
Paytm IPO reveals Gen Z’s vision of banking is that of a big, fat weddingIf Paytm had an unrestricted banking license, it could in theory challenge traditional lenders the same way as KakaoBank in Korea.
27 Jul, 2021, 09.25 AM IST
Ant-backed Kakao Pay expects IPO to raise up to $1.4 bnKakao Pay Corp, which is backed by Chinese e-commerce company Ant Group, expects to offer 17 million new shares in an indicative range of 6...
02 Jul, 2021, 04.11 PM IST
South Korean 12-year-old boy may be the next Warren Buffett with over 43% returns on his investmentsWatching the business news first thing in the morning is a new routine for Kwon Joon.
11 Feb, 2021, 11.56 AM IST
Coding prodigy behind hit game PUBG eyes IPO worth billionsThe IPO could value the startup at as much as 30 trillion won ($27.2 billion), according to a Jan. 5 report by Eugene Investment & Securiti...
19 Jan, 2021, 01.08 PM IST
Blockchain players beat gold and bitcoin in the pandemicElwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain e...
09 Sep, 2020, 03.01 PM IST
Seo Jung-jin: Founder who needed loan sharks is now South Korea’s second richestHis rise is extraordinary and represents a shift in the country’s business elite. While family-run conglomerates touch almost every aspect ...
22 Jul, 2020, 08.38 AM IST
Social distancing makes chat app tycoon $1.2 billion richerKakao’s shares have surged 55% this year through Thursday, adding $1.2 billion to Kim’s net worth, which now stands at $3.7 billion. That p...
22 May, 2020, 11.31 AM IST
'Asian mobile apps challenge tech giants like Apple, Google'Asian-origin mobile apps LINE, YAY & WeChat are posing challenges to technology giants Apple, Facebook, Google and other telecoms carriers,...
04 Nov, 2014, 10.03 AM IST
InMobi partners with Chinese gaming company CocoaChinaJapan’s instant messaging network Line Corporation is partnering with InMobi to promote its virtual currency to global app developers.
05 Dec, 2013, 05.37 AM IST