Investors Darlings – Top 10 South Korea Headquartered Companies Who Raised More Than US$50M in 2019.

As of 2007, South Korea’s economy is the world’s 5th largest by purchasing power and the fourth largest on a cognitive basis. It is a large economy, and it is one of the major economies of the world called G20. It is a high-income developed economy and a member of the OECD. In 2019, top 1o South Korea headquarters were able to raise over the US $50 M in funding. The most important is that South Korea is one of those countries in Asia that have so many startups that were able to raise more than 50 M US dollars.

Below is the table given, you can find all the important data about companies funding in 2019:

Let’s read some important information’s about these top 10 companies:

KB Financial Group:

KB Financial Group was stabilized in 2008. This group is an essential player in the South Korean financial services sector. This group is one of the leading financial institutions of South Korea. KB financial group possesses the most extensive customer base. This group also has the largest branch network in South Korea. The group produces strong capital skills and has the benefit of strong brand loyalty with total assets of more than 342 billion US dollars. In 2019 KB Financial Group has raised a total of $500M in funding over 1 round of Post-IPO Debt round. In the present time, the KB group is using 38 technologies for its website, including Viewport Meta, IPhone / Mobile Compatible, and SPF. A most recent investment of the KB Financial group was on November 27, 2019, when PharmEasy raised $220M.

Bithumb: This South Korean company was established in 2014. It emerged as the number one cryptocurrency exchange in the world in terms of total transaction volume in 2017. It is a cryptocurrency exchange platform based in South Korea. With the change of its corporate name as an opportunity, Bithumb prepares the reform of a cryptocurrency exchange for a global digital general finance company based on blockchain. On April 15, 2019, Bithamb has raised a total of $ 200 million in registered funds. In present time BTC Korea.com Co. Ltd Operates Bithumb. Bithumb uses eight technology products and services; some of them are Google Analytics, Google Tag Manager, and G Suite.

Yanolja: It began providing accommodation information and travel materials in 2005 with approximately $ 42k (USD). For the last ten years, the company has recorded an annual growth rate of 150% without any foreign investment. It provides various leisure activities and space-based on-demand service to the people. Yanjola also provides many facilities, for example, accommodation information, reservation platform, and budget hotel franchise and travel materials. The company initially specializes in motels, which means working with operators to help improve the image and conditions of what was generally considered ‘seedy’ locations. Yanolja has raised a total of $ 241.9M in funding in 2019.

MX Player: J2 Interactive developed this company of South Korea. MXPlayer provides the ability to watch offline videos and allows users to stream exclusive content as an OTT platform. MXPlayer is the largest local video platform in the world, with a base of 500+ million worldwide, with 350+ million in India, and has been consistently ranked among the top 10 Android apps since 2012. In 2019 the MX player has raised a total of $ 110.8M in funding. Currently,  MX player is using 26 technologies, such as viewport meta, iPhone / mobile compatible, and SSL.

Ground X: It believes in blockchain technology and the potential of a decentralized future, and our goal is to study and develop blockchain technology to industrialize and implement it in the real world. Currently, blockchain technology lacks services that can be experienced in the real world compared to its enormous potential and serves as a significant obstacle for blockchain technology to develop in the industry. To solve this problem, a scalable blockchain platform is necessary for addition to a meaningful decentralization application (Dapp) with a scale for Kakao. Ground X seeks to address these two challenges and aims to be a global leader in the blockchain industry. We are looking for people who support us on this trip. If you want to experience robust blockchain technology and business, do not hesitate to request it.

Ground X has raised a total of $ 90 million in funds in 2019. Four investors fund ground X. The most recent investors are Ledger Capital and Crescendo Equity Partners.

One store Corp. This company was established in 2016. It is a Korean technology company that develops and operates a smartphone app store with the same name. One Store is a type of mobile app market. One store allows its users to download apps that are limited in Korea only. The headquarters of this company is located in Pungyo Techno Valley, one of the largest complexes in the technical industry. This company is run by mobile carriers SK Telecom, KT, LG Uplus, and tech company Naver.

It has combined four different platforms for Android-based smartphones and other mobile devices. This company also provides games, apps, mobile commerce, e-books, and video content to 35 million members. It has raised a total of ₩100B in funding on November 12, 2019.

Toss: It is running from 2015 as a peer-to-peer (P2P) payment service. Since its launching, Toss garnered over 13 million app downloads and processed over USD$10 billion in P2P payments. Toss partners with incumbent financial institutions and other FinTech players to provide users with services that cover all facets of their financial lives, including payments, loans, investments, credit score management, spending analysis, and insurance products. Toss has raised a total of $261.2M in funding on August 8, 2019.

Samsung Electronics: The Company was founded in 1969 as an electronics company. First, this company mainly dealt with the production of electronic components.

Samsung Electronics is one of the largest companies in the world and the most profitable company in South Korea, with revenues of $ 173,957 million and a total profit of $ 19,316 million. Samsung Electronics has acquired 36 organizations. On January 28, 2019, his most recent acquisition was Corfotonics. Corephotonics acquired for $ 155 million.

Sk Hynix: It is a world-famous company in producing semiconductors, for example, DRAM and NAND flash and System IC. SK Hynix over and over again led the industry with smaller, faster, and lower power semiconductor from the time when the pilot manufacture of Korea’s first 16Kb SRAM in 1984,. In 2019 this company has raised a total of 52.34 Billion USD.

Celltrion Healthcare: This Company offers innovative and affordable medications to all patients. Celltrion access to advanced treatments. However, access to expensive medical devices is often a challenge for patients and health care providers. In particular, Biologics has become an increasingly costly but essential part of the global medical cabinet. In 2019 this company has raised more than 52.34 Billion USD.