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Finance

K-Capital Market Forum launches to identify global and digital competitiveness tasks

A new consultative body has been launched to draw up a 10-year growth strategy for South Korea\'s capital markets, focusing on identifying long-term tasks and building a policy roadmap. The Korea Financial Investment Association held the launch ceremony for the K-Capital Market Forum in Seoul on April 27. The forum will meet monthly from May, compile results into a policy report after a year of discussions, and submit it to the government and parliament in the first half of 2027.

Industry

Dinotisia raises 90 billion won in Series A to step up AI storage business

Dinotisia, an AI storage specialist, has raised 90 billion won in Series A funding to expand its vector database and dedicated semiconductor business. Elohim Partners led the round, joined by multiple new institutional investors and follow-on participation from existing backers. The company is developing the Seahorse vector database and a Vector Data Processing Unit chip. It plans to use the funds to upgrade products, prepare VDPU commercialization, expand globally and hire talent, while pursuing an IPO.

Games & Commerce

Naver, Kakao set to post record first-quarter results led by commerce and ads

Naver and Kakao are expected to post record first-quarter results, driven by commerce and advertising. Naver’s revenue is forecast to rise 12.8 percent to 3.14 trillion won, with operating profit up 11 percent to 560.9 billion won, led by strong commerce growth. Kakao is expected to report revenue of 2.01 trillion won and operating profit of 179.5 billion won, up 70.3 percent, on KakaoTalk ad growth and efficiency moves.