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Dunamu’s 4-Year Cybersecurity Spending Hits $28M

Dunamu’s 4-Year Cybersecurity Spending Hits $28M

(Photo=UPbit) Dunamu, the South Korean fintech company behind the cryptocurrency exchange Upbit, announced on June 16 that it invested approximately $10.8 million in cybersecurity in 2024, continuing its steady commitment to strengthening information security. Since 2021, Dunamu has consistently increased its cybersecurity budget and dedicated personnel. This year’s $10.8 million allocation accounts for 9.6% of the company’s total IT investment

Jun 16 2025
09:00 AM PDT
Nongshim Boosts Chinese Market Push with “Shin Ramyun Toomba” via Alibaba’s Taobao Livestream

Nongshim Boosts Chinese Market Push with “Shin Ramyun Toomba” via Alibaba’s Taobao Livestream

(Photo=Nongshim) South Korea’s leading food company Nongshim is accelerating efforts to expand its presence in China with its new instant noodle product “Shin Ramyun Toomba.” A recent livestream on Alibaba’s Taobao platform featuring THE8 (Xu Minghao), a Chinese member of K-pop group SEVENTEEN, drew a strong response, signaling growing traction among Chinese consumers. The livestream, held on June 11, showcased

Jun 14 2025
10:00 AM PDT
Seoul Ranks 8th Globally as Best City for Startups, Beating Singapore and Tokyo

Seoul Ranks 8th Globally as Best City for Startups, Beating Singapore and Tokyo

Photo=visitseoul The South Korean capital of Seoul has been ranked eighth among global cities for startups, its highest position ever, according to a report released Wednesday by global startup ecosystem research firm Startup Genome.Seoul climbed one spot from ninth place last year and remained in the top 10 for the second consecutive year. The evaluation covered 300 cities in 100

Jun 13 2025
12:00 PM PDT
Hyundai Motor Wins Two Honors at Indonesia’s Top CSR Awards

Hyundai Motor Wins Two Honors at Indonesia’s Top CSR Awards

Photo=Hyundai Motor Company Hyundai Motor Company has received two major accolades at Indonesia’s most prestigious corporate social responsibility (CSR) awards ceremony. According to industry sources on the 13th, Hyundai Motor Manufacturing Indonesia (HMMI), the company’s local subsidiary, was recognized at the Top CSR Awards 2025, held in Jakarta on June 11 (local time). HMMI won in the corporate category, while

Jun 13 2025
11:00 AM PDT
Kakao to Invest $437 Million in AI Hub in Namyangju, South Korea

Kakao to Invest $437 Million in AI Hub in Namyangju, South Korea

(Photo=Kakao Corp) Kakao Corp., a major South Korean tech company best known for its mobile messaging app KakaoTalk, plans to invest $437 million to build a large-scale artificial intelligence (AI) hub in Namyangju, a city located in the Gyeonggi Province near Seoul. Several industry sources confirmed on June 12 that Kakao has reached an agreement with Gyeonggi Province and the

Jun 13 2025
09:00 AM PDT