{"id":4625,"date":"2023-11-07T00:00:00","date_gmt":"2023-11-06T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4625"},"modified":"2023-11-06T11:27:50","modified_gmt":"2023-11-06T03:27:50","slug":"daily-markup-868-retailo-receives-us1-5m-investment-from-south-korean-big-data-firm-dtonic-corporation","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4625","title":{"rendered":"Daily Markup #868: Retailo receives US$1.5M investment from South Korean big data firm Dtonic Corporation"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/2rSpSB874ek8IDVTDUJp0gF_KYNK3ePannXLDYZMXl29lVRPs99aKQB__hJWGCaSrJ60PwsDoXShh3M1mLNrsxIBiqXxJynBt1uhJOHvN5WJHTybZJwpUJ1oBOTiU_JFKTES4BlCAqwDpx8ErRVesAU\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Photo credit: Retailo<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Two countries, one mission<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>South Korea and Saudi Arabia came together at the Saudi-Korean Investment Forum 2023, and a total of <a href=\"https:\/\/www.korea.net\/NewsFocus\/policies\/view?articleId=240769\">46 memorandums of understanding (MOU) and contracts were signed<\/a> in sectors ranging from transportation, tourism, energy, renewable energy, technology, infrastructure, to cybersecurity.<\/li>\n\n\n\n<li>These agreements <a href=\"https:\/\/spa.gov.sa\/en\/N1984426\">aim to strengthen investments between both countries<\/a>, reflecting their ongoing efforts towards integration and collaboration.<\/li>\n\n\n\n<li>One of them is between 500-backed retail supply chain tech startup <a href=\"https:\/\/retailo.co\/\">Retailo<\/a> and Dtonic Corporation, a spin-off company from Hyundai Motor Company specializing in big data solutions.<\/li>\n\n\n\n<li>Under the Invest Saudi initiative, Dtonic is investing US$1.5M into Retailo, marking a collective step towards achieving a shared mission of digitalizing the retail landscape of Saudi Arabia.<\/li>\n\n\n\n<li>Congratulations to the Retailo team!<\/li>\n\n\n\n<li>Read the announcement <a href=\"https:\/\/bit.ly\/3u4csGA\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Two countries, one mission<\/p>\n","protected":false},"author":5,"featured_media":4627,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[363],"class_list":["post-4625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-retailo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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