Operator of South Korea's largest Web portal wants to help ensure the growth of smaller IT companies and venture startups, amid antitrust investigations over its alleged unfair business practices.
Video streaming startup Viki.com is tapping a "passionate" user base to grow its business, and its success can be seen by its partnership with Universal Music Group announced today.
The Samsung Future Technology Foundation will invest US$1.34 billion over a 10-year period to support development of materials, hardware, and industry convergence-related techs, and patents will belong to developers.
South Korean telco's investment aims to help in setting up on information technology startups, and create synergy between ICT and other industry sectors.
The fund, jointly created by KakaoTalk's developer and South Korea's Small and Medium Business Administration, aims to support the country's rapid growth of startups in the ICT sector especially in mobile technology and apps.
The Internet giant has partnered SoftBank Capital to bring more U.S. startups to the Japanese market.
China saw overall number of venture capitalist investments drop 40 percent, though size of deals were stable; India's rise continued with 17 percent growth, characterized by late stage investments and smaller sized deals, according to Ernst & Young report.
Many companies prefer investing externally for innovation, but setting aside funds for employees to develop their ideas can work if a balance is struck between staff autonomy and corporate control.
Online scrapbook's analytics tool may be good at identifying what interests target audience, but it is rough around the edges and its small Asian user base diminishes its appeal to regional companies.
Beauty-box business VanityTrove aims to be the market leader in Southeast Asia where there's lower competition, and wants to differentiate itself by offering higher end products and strong customer service.