A BTS look at the busiest investors in South Korea’s startup scene

More: Didi’s continuing layoffs and the seed funding of an Indonesia-based fishery startup [Read from your browser]( Daily Newsletter Hello {NAME} Most discussions about South Korea begin and end with their cultural exports, particularly the massive global popularity of Kpop. I don’t follow Korean pop culture, but even I have heard about girl group Blackpink and their signature lyric “Blackpink in your area.” I had a good laugh when I saw an Instagram profile with this one-liner: “Back pain in my area.” (The joke is I’m getting old. So very, very old.) Anyway, Kpop isn’t the only thing drawing attention to South Korea. Today’s premium article is about the investors who have made the most deals in South Korean startups, and it may come as a surprise (or not) that the leading investor isn’t based in the country. -- Winston  ---------------------------------------------------------------  THE BIG STORY [These are the most active investors in Korea’s startups]( Which investors are writing the most checks to Korea-based startups?  ---------------------------------------------------------------  PREMIUM SUBSCRIPTION Asian tech stocks have taken a beating since the start of the year. If you have invested recently, we feel your pain. But this won't last forever #hodl To help you make sense of this bear market and identify investment opportunities, we’re offering a 50% off promotion for the Tech in Asia Core plan. That means you get a discount of US$100 or six months of subscription for free. [Buy the dip in our subscription price]( ---------------------------------------------------------------  TRENDING NEWS [Indonesia to implement strict rules on internet companies]( The new guidelines will require internet companies to remove “unlawful” content within four hours of an “urgent” request from the government. [Ant appoints new Southeast Asia general manager]( Jia Hang has been involved in Ant Group’s international operations since joining the company in 2015. [Didi’s freight arm may axe 50% of staff]( Didi Freight may cut down its business to only one or two cities to maintain operations, reported Pandaily. [Alpha JWC, Centauri lead $8m round of Indonesian aquaculture firm]( Since November 2021, Delos has grown annual gross merchandise value and pond area under management by 7x. [ShopBack rolls out new payment feature]( ShopBack Pay allows users to pay on the ShopBack app via cashless payment methods such as Mastercard, Visa, or GrabPay. 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