May 25th, 2018Samsung, the South Korean Electronics manufacturer market leader in India’s phone segment, recently affirmed that Samsung’s Indian business did not suffer much damage nor significant market loss after the arrival of Chinese smartphone brands in India. A top Samsung executive stated that the company was well geared to compete with...
September 29th, 2017South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings.
The Financial Services Commission said all kinds of initial coin offerings (ICO) will be banned as trading of virtual currencies needs to be...
February 21st, 2017Alibaba's payment affiliate Ant Financial will invest USD 200 million in a unit of South Korean messaging giant Kakao, the companies said today, the Chinese firm's latest step to expand its global reach.
The investment in Kakao Pay comes less than a month after Ant bought US-based payments operator MoneyGram for around USD 880 million...
January 20th, 2015As biggies like Yahoo, Rocket Internet are acquiring lots of startups, the trend in the global startup industry is becoming more and more competitive. With Yahoo acquired nearly 50 companies in past 2 years the stats are rising high and high, but the company has their return value not so big that they cannot convince the investors...
