Alipay+ Increases QR Code Payment transactions with TPV Growing Double-Digit
Alipay+, Ant International’s global wallet gateway services, revealed an 18% increase in Alipay+-supported QR code payment transactions, with total payment volume (TPV) growing 16% year-on-year in South Korea, as more tourists use Alipay+ partner wallets and bank apps to make digital payments for a range of services, from beauty clinic treatments and transportation to night […]
NEL Achieves the Milestone of 100 Canine Open Heart Surgeries
NEL Animal Medical Foundation announced that it has successfully performed its 100th canine open-heart surgery on November 25, becoming the first veterinary institution in South Korea to reach this milestone. This achievement, accomplished just two years after their first successful mitral valve repair in late 2023, signals a new era in high-level veterinary thoracic surgery. […]
Alipay+ Enables Payments for Global Travelers with their e-wallets
Alipay+ is Ant International’s global wallet gateway, enabling global merchants to accept payments from users of mobile wallets and digital banking apps around the world. To empower global tourism, Alipay+ has significantly expanded its payments and digital services ecosystem, in three ways: “Travel has a significant impact to local economies, and we believe that mobile […]
FPT Expands Its Footprints In South Korea With Pangyo Office Launch
Global IT corporation FPT’s Korean subsidiary has officially opened its fourth office in South Korea. This expansion marks a crucial step in strengthening the company’s presence in one of South Korea’s leading technology hubs and enhancing its capacity to serve a growing portfolio of clients. According to Industry sources, referred to as the “Silicon Valley […]
LIG Nex1 Announces Completion of control-stake Acquisition of Ghost Robotics Corporation
Ghost Robotics, a leading innovator in legged robotics, and LIG Nex1, a premier South Korean defence technology company, announced the close of a strategic partnership through LIG Nex1’s control-stake acquisition of Ghost Robotics. LIG Nex1 has acquired a 60% control stake in Ghost Robotics for USD 240 million, valuing the company at $400 million. This partnership marks […]
Merck Signs MoU with KAIST to Further Scientific Partnership in South Korea
Merck, a leading science and technology company, has signed a non-binding Memorandum of Understanding (MoU) with the Korea Advanced Institute of Science and Technology (KAIST). The academia-industry cooperation aims to advance the research and development ecosystem in South Korea for industrial applications. “Our collaboration with KAIST is an important step towards accelerating the biotechnology ramp-up […]
HoneyNaps, an AI Sleep Technology Company, secures USD 11.6 million Series B investment
HoneyNaps, an industry-leading South Korean company in artificial intelligence (AI) sleep data analysis, announced on the 7th that it has closed its series B round of funding, securing $11.6 million. The series B funding is a successful achievement, nearly three times the $3.9 million raised through series A funding back in 2021. With the listing contract signed with Korea […]
APAC Banking Sector Performance in 2022-2023: Navigating Economic Headwinds
The Asia-Pacific (APAC) banking sector faced a dynamic landscape in 2022-2023, marked by economic headwinds and varying performance across emerging markets (EMs) and developed markets (DMs). Let’s delve into the key trends and outlook for APAC banks during this period. 1. Steady Outlook Despite Challenges Despite challenges stemming from weakening global demand, high inflation, and […]
Seegene selects Microsoft as technology partner
Seegene Inc., a leading South Korean company providing a total solution for PCR molecular diagnostics, announced its selection of Microsoft as a technology partner for its SG OneSystemTM business in London, UK, on January 23 to realize ‘a world free from all diseases.’ Seegene will collaborate with Microsoft to help propel the growth of its SG OneSystemTM business, an unprecedented […]
Codesteri launches Placlin-N for safe environments in the pandemic era
CodeSteri, a leading provider of disinfection solutions, is proud to announce the launch of PlaClin-M, a revolutionary device designed to help ensure a clean and safe environment in offices, commercial establishments, and public spaces. CodeSteri started from the Korean government project to combat new infectious diseases by the incumbent professor and MD of Hanyang University Emergency Medicine, Seoul. […]
