Games & Commerce

Going beyond Korea, localisation key to global sales for online mall startups

Interest from overseas consumers in Korean brands is rising, but many small sellers struggle to turn that attention into sales without localised shopping environments. Data showed Korea’s online direct overseas sales rose 16.4% last year to 3.02 trillion won, while domestic e-commerce growth slowed. The article says global sales require localisation across language, payments and logistics, and describes Cafe24’s tools and services to support multi-language stores, local payment options and international delivery operations.

AI & Enterprise

OpenAI faces hurdles raising funds for $18 billion custom chip deal

OpenAI has not completed raising about $18 billion in initial funding for a custom artificial intelligence chip project it is pursuing with Broadcom, a report said. The shortfall has emerged early in OpenAI’s in-house chip strategy aimed at reducing reliance on Nvidia. The project is part of a multi-year plan to build 10 gigawatts of AI accelerator infrastructure. Rising costs and slower capital formation are also pressuring partners and raising investor scrutiny.