Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

App · Other origin

Korai Flix

Key facts

Operator / parent
Independent; agreed on 20 October 2026 to merge with APEX Tech Acquisition Inc. (NYSE: TRAD), to be renamed Krflix Group Inc.
Origin
South Korea
Headquarters
Seoul, South Korea
Launched
June 2024
Category
App · Other origin

Korai Flix is a Seoul-based interactive entertainment platform built around AI-generated content. It offers AI short dramas and AI companion avatars, along with AI content-creation tools in several visual styles. The company said it had about 26.0 million registered users in 15 countries or regions in Asia on 30 June 2026. On 21 October 2026 it announced a merger with the blank-check company APEX Tech Acquisition at a $3.5bn pre-money equity value, with closing targeted for the first quarter of 2027. No financial results were disclosed. Its products are AI-generated and are not conventional produced microdramas.

Profile

Markets
India, Indonesia, Bangladesh, Japan, the Philippines, Vietnam, South Korea, Thailand, Malaysia, Myanmar, Singapore, Laos, Cambodia, Hong Kong and Taiwan.
Content
AI-generated short dramas, AI companion avatars and AI content-creation tools.
Genres
Not disclosed
Monetisation
Not disclosed.

People

  • Not named in the announcement.

Sources