Baedal Minjok

With $4B food delivery acquisition, Korea poised to enter upper tier of startup hubs

Seoul and South Korea may well be the secret startup hub that (still) no one talks about. While often dwarfed by the scale and scope of the Chinese startup market next door, South Korea has proven ove

Can South Korean startups (and the government) save its flailing giant tech conglomerates?

With 17 percent of the GDP, it’s fair to say that Samsung is South Korea, or at least has represented it on the global business stage for the last decade or so. But for the last year or so, with the

Goldman Sachs Invests $36M In Korean Food Delivery App Baedal Minjok

Seoul-based startup Woowa Brothers, which operates food delivery app Baedal Minjok, has announced that it has raised a 40 billion won (about $36 million) round led by Goldman Sachs. The capital will b