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    [PANGYO ISSUE] Pangyo Techno Valley Weekly News News for the second week of May

    Pangyo Techno Valley is a gathering of startups and mid-sized companies in Korea, and is a global convergence centered on global IT, BT, CT, and NT where R (Research), P (People), I (Information), and T (Trade) are integrated. As an R&D hub, it is a place where the cutting-edge technologies of the country’s new growth engines, such as technological innovation, human resource training, job creation, and strengthening of international business competitiveness, are gathered.

    -Kakao Entertainment expands K-content with ‘Tapas-Radish’

    Kakao Entertainment’s plan to target the North American market | Provided by Kakao Entertainment

    Kakao Entertainment announced that it has acquired North American platforms Tapas and Radish. Kakao Entertainment has entered the overseas market with the goal of accelerating growth and entering the North American content market in earnest.

    Tapas, acquired by Kakao Entertainment, is the first webtoon platform in North America, established in San Francisco, USA in 2012. Kakao Entertainment’s major IPs such as ‘In-house Match’, ‘Victory’, ‘Incredible Rumors’, and ‘Navillera’ are distributed in North America through Tapas. Started supplying to the market.

    Radish is a mobile-specific English novel content platform established in New York, USA, in 2016. Since 2019, Radish has been creating hit works with its own self-produced content ‘Radish Original’ based on a collective creation system, and 90% of total sales are generated by Radish. It has an unrivaled competitive advantage that comes from an original IP.

    Lee Jin-soo, CEO of Kakao Entertainment, said, “Kakao Entertainment has taken another opportunity to evolve into a global content company through the acquisition of Tapas and Radish, and we plan to further accelerate the expansion of our global platform network,” adding, “We are leading the global entertainment business. “We expect that it will play a key role.”

    -Robot cafe ‘Beatbox’ opens its first branch in Pangyo

    ‘Pangyo Techno Branch’, the first Beat Box store | Provided by Bit Corporation

    “Now you can enjoy robot coffee on the street!” This is news about Bit Corporation’s ‘Beatbox’ being commercialized at Pangyo Techno Valley.

    Unmanned smart stores, where you can quickly and conveniently purchase food and beverages such as coffee and salad, as well as various household goods 24 hours a day without a cash register, have become a part of our daily lives.

    Bit Corporation, a food tech company, officially opened ‘Pangyo Techno Branch’, the first b;eat box store, in Pangyo Techno Valley and said it has begun commercializing its autonomous retail platform in earnest.

    The Beatbox Pangyo Techno branch is located in the center of Pangyo Techno Valley, Seongnam-si, Gyeonggi-do, known as Korea’s Silicon Valley and IT hub. The commercial district, where major domestic IT companies are concentrated, has a high demand for young office workers familiar with digital retail, so 100 Beatbox stores will be opened within the year. It is evaluated as the optimal test bed to achieve the goal.

    ‘Beat Box’, a food tech-based retail autonomous operation platform, is ▲ a more evolved 3rd generation robot cafe ‘Beat 3 It consists of an MD space linked to Naver Smart Store through certification.

    Beatbox stably manages and controls stores without any resident manpower, and AI is said to be able to predict sales demand on its own through a deep learning process, identify inventory in the store, and automatically order necessary items.

    -Korea Youth Entrepreneur Foundation, ‘17th K-Startup Mentoring’ launched

    ‘K-Startup Mentoring 17th’ Establishment Ceremony | Filming – Aving News

    On May 12, the Korea Youth Entrepreneurship Foundation held a launch ceremony for the 17th dedicated mentee and mentor partnership of K-Global Startup Mentoring in 2021. K-Startup Mentoring was conducted in a non-face-to-face manner for 175 target companies and 30 dedicated mentors.

    Through the 17th K-Startup Mentoring Course, dedicated mentees will be connected to a mentor appropriate for their specialized technology field, and will receive mentoring support from the CEO mentor for 8 months based on the start-up maturity measurement results and mentoring implementation plan. Mentee companies can receive advice on how to solve technical and management difficulties through dedicated mentors and mentoring.

    By operating growth programs through strengthening investment capabilities and opportunities to develop sales channels, we operate various practical programs such as businessship between companies, investment consultation, and demo days. It even provides networking opportunities with global companies wishing to enter overseas markets.

    Source:  Pangyo Techno Valley Official Newsroom

    → Go to ‘Asia Innovation Hub Pangyo Techno Valley 2021’ news