2023-09-12 05:30
Korean conglomerates invest $3.01 bn in startups over past 2.6 years
[Image source: Gettyimagesbank] South Korea's major corporations have made direct equity investments of more than 4 trillion won ($3.01 billion) in emerging startups over the last two and a half years. The sector that received the most external equity investments during the surveyed period was the content and entertainment industry.According to an analysis report from Leaders Index, 298 companies acquired stakes in other companies, excluding subsidiary investments, from 2021 to the first half of 2023 based on the business reports submitted by 354 of the top 500 companies ranked by revenue.

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