Local conglomerates invest more than US$ 900 mil. in startups for 4th industrial revolution: Report
- 5 years ago
Over the past three years,... South Korean conglomerates have invested close to a billion U.S. dollars in startups involved in sectors considered part of the Fourth Industrial Revolution.
CEO Score says that,... between 2015 and the third quarter of this year,.... 53 conglomerates have invested a combined nine-hundred million dollars in 2-hundred-10 startups engaged in big data, artificial intelligence and other fourth industrial revolution related sectors.
The amount only covers equity investments, excluding... M&As and overseas corporations.
The company with the largest number of investments made was Naver Corporation, to 51 startups,... followed by Hyundai Motor and SK Telecom.
CEO Score says that,... between 2015 and the third quarter of this year,.... 53 conglomerates have invested a combined nine-hundred million dollars in 2-hundred-10 startups engaged in big data, artificial intelligence and other fourth industrial revolution related sectors.
The amount only covers equity investments, excluding... M&As and overseas corporations.
The company with the largest number of investments made was Naver Corporation, to 51 startups,... followed by Hyundai Motor and SK Telecom.