Kate Park
South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT, one of the largest telecom companies in South Korea.
Last month, TechCrunch reported on Rebellions closing on $50 million in funding that valued the company...
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 Google’s new in-app payments policy. Google’s new policy requires developers selling digital goods and services to use...
Samsung Electronics said Thursday it has kicked off mass production of 3-nanometer chips, becoming the first company to do so globally, as it aims to beat Taiwan Semiconductor Manufacturing Co, or TSMC, the world’s most advanced foundry chipmaker.
Samsung said it’s using gate-all-around (GAA) transistor architecture, which allows these...
AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting fashion and textile industries. The startup is developing materials from seaweeds such as Macrocystis pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns and fibers that don’t rely on petroleum...
LG Electronics has acquired AppleMango, a South Korean electric vehicle battery charger developer, as the race to produce everything related to EVs ramps up globally. The acquisition, which was made jointly with GS Energy, an EV charging station operator, and GS Neotek, an IT provider, will allow LG...
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day.
SleekFlow, an omnichannel social...
Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block (formerly known as Square) and existing backer Insight Partners.
Additionally, a number of other investors, including founder and CEO of Checkout.com Guillaume Pousaz; executive of Doordash and...
Bluesheets, a Singaporean AI-powered data-processing platform that enables financial automation for enterprises, has raised $4 million led by Insignia Ventures.
The latest funding, which brings its total raised to $5.7 million, will help bluesheets to expand the use cases of its software and reach more businesses in international markets....
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 Kakao Pay to pay the cab fare in Singapore.
“With Singapore reopening its borders, we are looking forward to having tourists come visit...
Global venture capital firms are pouring money into the semiconductor startups developing the next generation of chips. Semiconductors, which have become a valued asset, are used in virtually almost every industry, including 5G networks, automation, the internet of things, financials, smart homes, smart cities, virtual reality (VR), augmented...
