south korea

Mobile users are now spending 4-5 hours per day in apps

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai (

MarqVision grabs $20M to nab counterfeiters with an AI-powered IP protection platform

As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers. Clothes, accessories and luxury goo

3 indicators to watch for on Ford Q2 earnings day

While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of sales goals so far this year. Industry wi

ByteDance-backed warehouse robotics startup Syrius picks up $7M

Syrius Robotics, a Chinese startup that makes autonomous robots for warehouses, just secured 50 million yuan ($7.4 million) in a Series B funding round, lifting its total raised so far to $40 million.

Dear Sophie: Questions about green cards and EB-2 priority dates

I've been on an H-1B since 2011. I have an EB-2 I-140 approved with a priority date in April 2015. Will there be any benefit from applying for an EB-2 NIW now?

Japan’s gaming blockchain builder Oasys raises $20M in private token sale

Veterans from the established gaming world are flocking to web3. Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least f

AI chipmaker Rebellions gets $22.8M Series A extension from Korean telco company KT 

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from strategic investor KT, one of the largest telecom companies in South Kor

UK signs its first data sharing deal post-Brexit, with South Korea

Six years on from the referendum where the United Kingdom voted to leave the EU, and in the midst of an apparent government meltdown, the country is announcing its first international data sharing dea

Google halts KakaoTalk updates on Play Store in Korea after messaging app refused to remove its own payment links 

Google has stopped providing updates to popular messaging app KakaoTalk in South Korea, according to a local report, after Kakao continued using an external payment link in its Android app, against Go

This Week in Apps: Period tracking app privacy, Snapchat’s paid subscription, calls for TikTok ban

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re

Apple says developers will have to submit a new version to use third-party payment systems in South Korea

Apple announced Thursday that developers can now use a third-party payment system for the South Korea App Store. The company specified that developers will need to submit a separate binary for iOS or

Hyundai reveals the IONIQ 6 EV sedan, the eagerly anticipated follow-up to its IONIQ 5

Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated follow-up to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details

This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re

Lime suspends operations in South Korea due to “chaotic scooter environment”

Shared micromobility operator Lime will temporarily shut down its operations in several South Korean cities at the end of the month. Lime attributes its withdrawal to regulatory shortfalls, like the l

Overair nabs $145M to produce eVTOL prototype by 2023

Overair, a California-based electric vertical takeoff and landing (eVTOL) vehicle startup, has secured $145 million in funding that will go toward the development of Butterfly, the company’s exp

The Winklevoss twins rock on

Welcome back to Chain Reaction. Last week, we talked about an arrest in the crypto world that had investors sweating. This week, we’re talking about rocking through the general malaise of a cryp

Singapore’s taxi operator ComfortDelGro enables tourists from Malaysia and South Korea to use mobile wallets apps for paying fares

ComfortDelGro, a Singaporean taxi operator, announced Thursday its partnership with Alipay+, enabling tourists from Malaysia and South Korea to use their mobile wallet apps Touch ’n Go eWallet and

Faraday Future says it plans to open a Chinese factory by mid-decade

Faraday Future said Wednesday during an investor presentation that it plans to open a factory in China as early as 2025, even as it faces a shortage of capital and an SEC investigation. The electric v

Solana launches $100M investment and grant fund for South Korean web3 startups

Solana Ventures and Solana Foundation have set up a $100 million investment and grant fund to deploy capital into South Korean web3 startups.

Unlikely players team up to lead South Korea’s air taxi industry

South Korea, which lacks the VC, entrepreneurial ecosystem and aerospace legacy of the U.S., might be the first to lay the groundwork for taking air mobility from expensive project to viable service.
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