SEOUL, Aug. 18 (Korea Bizwire) — Danggeun Market Inc., the company behind South Korea’s popular online secondhand marketplace, said Wednesday it raised 179 billion won (US$153 million) in additional funding that puts its valuation at roughly 3 trillion won. The Seoul-based startup said it secured new funds from new investors DST Global, Aspex Management and [...]
SEOUL, June 8 (Korea Bizwire) — South Korea’s main stock index hit the highest level in valuation since 2002, highlighting stock prices’ roller-coaster gains compared with the actual earnings of the pandemic-hit companies, analysts said Monday. The price-to-earnings ratio (PER) of the benchmark Korea Composite Stock Price Index (KOSPI) stood at 25, the highest since [...]
SEOUL, Korea, April 23, 2014 (Korea Bizwire) – A “valuation scheme” that can put a price tag on each piece of knowledge or technology will be established within the first half of 2014, according to a Munhwa Daily News report. The government of Korea is determined to come up with a system which estimates how [...]