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Daegu

Full company profile

uuid0023g9d

Namestring
Daegu
Legal namestring
Daegu Metropolitan City (대구광역시)
Websiteurl
daegu.go.kr
Company typeenum
Public
Founded yearint
1995
Descriptiontext

Daegu Metropolitan City (대구광역시) is a municipal government entity in South Korea serving a population of more than 1.4 million across nine administrative districts (Jung-gu, Dong-gu, Seo-gu, Nam-gu, Buk-gu, Suseong-gu, Dalseo-gu, Dalseong-gun, and Gunwi-gun). It was elevated to metropolitan city status in 1995 and operates the official electronic government portal at daegu.go.kr, providing citizen-facing services across civil petitions, welfare, transportation, health, environment, urban planning, and cultural programs. Revenue is generated through municipal taxes (property, local income, business) and administrative/public service fees, with the city acting as a public administrator rather than a commercial operator.

The city is executing a deliberate industrial transition from a traditional textile and manufacturing base toward an AI robotics, advanced medical devices, and biotechnology hub. Core technology initiatives include the KRW 49.1 billion AIxBio Innovation Research Hub (led with Kyungpook National University and DGIST-spinoff UNIVA Corp, which is building an AI drug discovery foundation model on 48 NVIDIA B300 GPUs), the AI Robot Global Innovation Zone (with Geo Robot Co. and Samick THK), a KRW 10 billion AI-based medical fiber composite manufacturing base selected by the Ministry of Trade, Industry and Energy, and a Ministry of Land, Infrastructure and Transport-supported autonomous freight transport pilot. Strategic infrastructure projects include a 70.1 km, KRW 2.6485 trillion Daegu-Gyeongbuk metropolitan railway and an integrated new airport currently in preliminary feasibility.

The business model is non-commercial: Daegu monetizes its role as a regional coordinator and infrastructure provider by attracting national ministry funding, public institution relocations, private-sector tenants (e.g., Megagen Implants' KRW 10.7 billion digital center), and startup ecosystem participants (Unicorn Lab Daegu, iM Bank partnership). Go-to-market motions combine event-driven international visibility (CES Las Vegas, World Masters Athletics Championships 2026 with 11,014 athletes from 106 countries, Daegu Chicken and Beer Festival) with community-led participation in national research consortia. Distribution to citizens is delivered through a 120 Dalguulbol call center, online e-government portals (minwon, dudeuriso, yeyak), and district offices. The SK Group's June 2026 withdrawal from a previously agreed KRW 800 billion AI data center project illustrates execution risk on large-scale private capital partnerships.

Short descriptiontext

Daegu Metropolitan City is a municipal government entity in South Korea serving 1.4 million residents through public administration, infrastructure, and economic development. It is pursuing transformation into an AI robotics and advanced manufacturing hub via national ministry partnerships and startup ecosystem programs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDaegu, South Korea
HQ citystring
Daegu
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
municipal government services, public administration, citizen e-government services, regional economic development, smart city infrastructure
Industry5 codes
1Mayor/City Manager & General Administration
CodeBPAIACAAPrimaryYes
2State/Provincial Housing, Urban/Regional Planning & Community Development
CodeBPAIABAMPrimaryNo
3Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities)
CodeBPAIACAFPrimaryNo
4Economic Development & Business Licensing (Local)
CodeBPAIACANPrimaryNo
5Sustainable Cities, Urban Development & Green Infrastructure
CodeBPADALALPrimaryNo
NAICS code2 codes
  • Public Administration92
  • Executive, Legislative, and Other General Government Support921
Product category
Municipal Government Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Municipal Tax Revenue
TypeOthers
Description

Daegu Metropolitan City generates revenue through various local taxes including property tax, local income tax, and business tax from residents and companies operating within the city.

daegu.go.kr
2Public Services and Administration Fees
TypeProfessional Services
Description

Revenue from various citizen services, administrative fees, and public facility usage fees including transportation, utilities, and welfare services.

daegu.go.kr
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Daegu Metropolitan City operates as a municipal government entity providing public administrative services to residents, businesses, and visitors within the Daegu metropolitan area. Core offerings include citizen-facing e-government services (civil petitions, welfare benefits, cultural programs, transportation, health services), regional economic development programs (Unicorn Lab Daegu startup support, AI Robot Global Innovation Zone, AIxBio Innovation Research Hub), and infrastructure projects (Daegu-Gyeongbuk metropolitan railway, integrated new airport). Revenue is generated through local taxes and administrative/public service fees.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 3x increase in foreign visitors to Daegu Chicken and Beer Festival (from ~700 to ~2,400)
+2 more records
Product overview1 text field

Daegu Metropolitan City is a municipal government entity providing public administrative services to its citizens. The city's digital presence consists of e-government citizen services rather than commercial products or software offerings. Services include administrative 민원 (civil petitions), welfare benefits, cultural programs, transportation, health services, environmental information, and economic development support. The official website (daegu.go.kr) serves as the official electronic government portal (공식 전자정부 누리집) of Daegu Metropolitan City in South Korea, offering citizen-facing services through categorized information sections covering culture/tourism/sports, transportation, welfare, women/family/education, health, industry/economy, environment, safety, and urban/housing/construction. The city does not offer commercial software products but rather provides public services and information through its government portal.

Product and service3 records
1Citizen Administrative Services (Civil Petitions)
CategoryPublic Administrative Services
2120 Dalguulbol Call Center
CategoryPublic Administrative Services
3Online Citizen Service Portals (e-Government)
CategoryPublic Administrative Services
Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-01
Description

Met with vice minister to request government support for Daegu-Gyeongbuk metropolitan railway project (70.1 km, 2.6485 trillion won) and Daegu-Gyeongbuk Integrated New Airport.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-01
Description

Met with vice minister to advocate for customized regional housing policies and relaxed financial regulations for Daegu.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-01
Description

Met with vice minister to discuss support for AI robotics initiatives and advanced strategic industries in Daegu.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-01
Description

Met with vice minister regarding Daegu's selection for medical fiber composite medical device manufacturing base project with 10 billion won investment.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Lead institution of AIxBio Innovation Research Hub Pilot Project backed by KRW 49.1 billion total investment. UNIVA Corp. (DGIST AI startup) establishes closed-loop system connecting AI drug predictions to experimental validation at the university.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Part of AIxBio Innovation Research Hub consortium contributing to medical industry development and commercialization of AI-based healthcare solutions.

Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2026-04-01
Description

Partnership with iM Bank's second headquarters for Unicorn Lab Daegu startup support program providing mentorship, investor networking, and collaboration opportunities.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-01
Description

Selected Daegu for project to establish manufacturing base for human implantable fiber fusion medical devices using AI manufacturing processes. National budget contributing 6 billion won of 10 billion total investment.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-01
Description

Selected for Autonomous Driving Pilot Zone Service Support Project, securing 600 million won in state funding for autonomous freight transport demonstration.

10Geo Robot Co., Ltd.
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Geo Robot, established in 2022, is participating as project operator in Daegu City's AI Robot Global Innovation Zone initiative, specializing in modular mobile robots.

cm.asiae.co.kr
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Precision component manufacturer that signed business agreement with Daegu City to establish innovation ecosystem for national high-tech strategic industries.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-04-01
Description

Daegu City signed investment agreement with Megagen Implants (second-largest domestic implant company) to build digital center in Seongseo 5th Industrial Complex. Investment of approximately 10.7 billion won creating 60 jobs.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-12-01
Description

SK originally agreed in December 2023 to participate in 800 billion won AI data center project in Daegu's Suseong Alpha City, but withdrew in June 2026, putting the project on hold.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight8 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Korean metropolitan city of similar administrative tier, with overlapping efforts to attract advanced industries, AI talent, and national budget allocations, making it a structural comparable.

TypeDirect peer
Description

Administrative capital and policy-design center of Korea; oversees many of the national programs (Ministry of Land/Infrastructure/Transport, Science/ICT, Trade/Industry/Energy) that Daegu must lobby, making it a directly relevant peer in the intergovernmental resource competition.

TypeDirect peer
Description

Korea's designated science-and-research hub (home to KAIST, Daedeok Innopolis) — the closest direct peer to Daegu's AI Robot Global Innovation Zone and biotech ambitions given overlapping advanced-industry strategies.

TypeBroad incumbent
Description

Korea's dominant metropolitan government and the primary competing destination for the AI startups, biotech companies, and skilled workers Daegu is trying to attract; functions as a broad incumbent reference point rather than a direct head-to-head competitor.

TypeDirect peer
Description

Second-largest Korean metropolitan city, same administrative tier and competing with Daegu for national ministerial allocations, advanced-industry investment, and major event hosting (e.g., Busan World Expo ambitions), making it the closest directly comparable peer.

TypeDirect peer
Description

Korean metropolitan city of comparable size and status, operating autonomous-mobility pilots (e.g., robotaxi at Incheon Airport), smart-city programs, and competing for the same national funding streams that Daegu is targeting.

TypeDirect peer
Description

Korean industrial metropolitan city pursuing post-manufacturing transition, comparable in size and tier to Daegu and competing for the same high-tech strategic industry designations from MOTIE.

8Suwon City (Gyeonggi Province)
TypeRegional player
Description

One of Korea's largest non-metropolitan cities and a Samsung-driven advanced-manufacturing hub; competes with Daegu for advanced-industry relocations and innovative small-to-medium enterprise ecosystems.

TypeRegional player
Description

Large Korean city north of Seoul pursuing its own K-culture, events, and convention economy (KINTEX); competes with Daegu's World Masters Athletics Championships and tourism-event strategy.

TypeRegional player
Description

Special-status Korean sub-national government using policy autonomy for inbound tourism, smart-city, and EV/AI pilots; serves as a regional benchmark for tourism-event-driven and innovation-led growth strategies.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Daegu

Municipal Government Servicesdaegu.go.kr

Daegu Metropolitan City is a municipal government entity in South Korea serving 1.4 million residents through public administration, infrastructure, and economic development. It is pursuing transformation into an AI robotics and advanced manufacturing hub via national ministry partnerships and startup ecosystem programs.

What Daegu does

Daegu Metropolitan City (대구광역시) is a municipal government entity in South Korea serving a population of more than 1.4 million across nine administrative districts (Jung-gu, Dong-gu, Seo-gu, Nam-gu, Buk-gu, Suseong-gu, Dalseo-gu, Dalseong-gun, and Gunwi-gun). It was elevated to metropolitan city status in 1995 and operates the official electronic government portal at daegu.go.kr, providing citizen-facing services across civil petitions, welfare, transportation, health, environment, urban planning, and cultural programs. Revenue is generated through municipal taxes (property, local income, business) and administrative/public service fees, with the city acting as a public administrator rather than a commercial operator.

The city is executing a deliberate industrial transition from a traditional textile and manufacturing base toward an AI robotics, advanced medical devices, and biotechnology hub. Core technology initiatives include the KRW 49.1 billion AIxBio Innovation Research Hub (led with Kyungpook National University and DGIST-spinoff UNIVA Corp, which is building an AI drug discovery foundation model on 48 NVIDIA B300 GPUs), the AI Robot Global Innovation Zone (with Geo Robot Co. and Samick THK), a KRW 10 billion AI-based medical fiber composite manufacturing base selected by the Ministry of Trade, Industry and Energy, and a Ministry of Land, Infrastructure and Transport-supported autonomous freight transport pilot. Strategic infrastructure projects include a 70.1 km, KRW 2.6485 trillion Daegu-Gyeongbuk metropolitan railway and an integrated new airport currently in preliminary feasibility.

The business model is non-commercial: Daegu monetizes its role as a regional coordinator and infrastructure provider by attracting national ministry funding, public institution relocations, private-sector tenants (e.g., Megagen Implants' KRW 10.7 billion digital center), and startup ecosystem participants (Unicorn Lab Daegu, iM Bank partnership). Go-to-market motions combine event-driven international visibility (CES Las Vegas, World Masters Athletics Championships 2026 with 11,014 athletes from 106 countries, Daegu Chicken and Beer Festival) with community-led participation in national research consortia. Distribution to citizens is delivered through a 120 Dalguulbol call center, online e-government portals (minwon, dudeuriso, yeyak), and district offices. The SK Group's June 2026 withdrawal from a previously agreed KRW 800 billion AI data center project illustrates execution risk on large-scale private capital partnerships.

Daegu firmographics

Firmographics
Name
Daegu
Legal name
Daegu Metropolitan City (대구광역시)
Website
https://daegu.go.kr
Company type
Public
Founded year
1995
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Daegu Metropolitan City is a municipal government entity in South Korea serving 1.4 million residents through public administration, infrastructure, and economic development. It is pursuing transformation into an AI robotics and advanced manufacturing hub via national ministry partnerships and startup ecosystem programs.
Ownership category
akta.pro rank

Daegu industry classification

Industry
Product category
Municipal Government Services
NAICS
Public Administration (92), Executive, Legislative, and Other General Government Support (921)
akta.pro primary industry
Mayor/City Manager & General Administration (BPAIACAA)
akta.pro secondary industries
State/Provincial Housing, Urban/Regional Planning & Community Development (BPAIABAM), Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), Economic Development & Business Licensing (Local) (BPAIACAN), Sustainable Cities, Urban Development & Green Infrastructure (BPADALAL)

Keywords

  • Municipal government services
  • Public administration
  • Citizen e-government services
  • Regional economic development
  • Smart city infrastructure

Where Daegu is headquartered

Location

Headquarters

HQ city
Daegu
HQ country
South Korea
HQ region
Asia

Offices2 records

Markets served

Daegu business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

  1. Municipal Tax Revenue: Daegu Metropolitan City generates revenue through various local taxes including property tax, local income tax, and business tax from residents and companies operating within the city.
  2. Public Services and Administration Fees: Revenue from various citizen services, administrative fees, and public facility usage fees including transportation, utilities, and welfare services.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Daegu product offering

Product offering

Core offering

Daegu Metropolitan City operates as a municipal government entity providing public administrative services to residents, businesses, and visitors within the Daegu metropolitan area. Core offerings include citizen-facing e-government services (civil petitions, welfare benefits, cultural programs, transportation, health services), regional economic development programs (Unicorn Lab Daegu startup support, AI Robot Global Innovation Zone, AIxBio Innovation Research Hub), and infrastructure projects (Daegu-Gyeongbuk metropolitan railway, integrated new airport). Revenue is generated through local taxes and administrative/public service fees.

Product overview

Daegu Metropolitan City is a municipal government entity providing public administrative services to its citizens. The city's digital presence consists of e-government citizen services rather than commercial products or software offerings. Services include administrative 민원 (civil petitions), welfare benefits, cultural programs, transportation, health services, environmental information, and economic development support. The official website (daegu.go.kr) serves as the official electronic government portal (공식 전자정부 누리집) of Daegu Metropolitan City in South Korea, offering citizen-facing services through categorized information sections covering culture/tourism/sports, transportation, welfare, women/family/education, health, industry/economy, environment, safety, and urban/housing/construction. The city does not offer commercial software products but rather provides public services and information through its government portal.

Differentiator

Problem solved

Functional benefit

Products and services

  • Citizen Administrative Services (Civil Petitions)
  • 120 Dalguulbol Call Center
  • Online Citizen Service Portals (e-Government)

Quantifiable outcome

  • 3x increase in foreign visitors to Daegu Chicken and Beer Festival (from ~700 to ~2,400)
  • +2 more outcomes

Companies that use Daegu

Customer profile

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Daegu technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Daegu partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered core and minor.

  • Ministry of Land, Infrastructure and TransportcoreStrategic or Co-development Partner · 1 July 2026Met with vice minister to request government support for Daegu-Gyeongbuk metropolitan railway project (70.1 km, 2.6485 trillion won) and Daegu-Gyeongbuk Integrated New Airport.
  • Ministry of FinancecoreStrategic or Co-development Partner · 1 July 2026Met with vice minister to advocate for customized regional housing policies and relaxed financial regulations for Daegu.
  • Ministry of Science and ICTcoreStrategic or Co-development Partner · 1 July 2026Met with vice minister to discuss support for AI robotics initiatives and advanced strategic industries in Daegu.
  • Ministry of Trade, Industry and EnergycoreStrategic or Co-development Partner · 1 July 2026Met with vice minister regarding Daegu's selection for medical fiber composite medical device manufacturing base project with 10 billion won investment.
  • Kyungpook National UniversitycoreStrategic or Co-development Partner · 1 April 2026Lead institution of AIxBio Innovation Research Hub Pilot Project backed by KRW 49.1 billion total investment. UNIVA Corp. (DGIST AI startup) establishes closed-loop system connecting AI drug predictions to experimental validation at the university.
  • Daegu Gyeongbuk Advanced Medical Industry Promotion FoundationcoreStrategic or Co-development Partner · 1 April 2026Part of AIxBio Innovation Research Hub consortium contributing to medical industry development and commercialization of AI-based healthcare solutions.
  • iM BankcoreGTM or Marketing Partner · 1 April 2026Partnership with iM Bank's second headquarters for Unicorn Lab Daegu startup support program providing mentorship, investor networking, and collaboration opportunities.
  • Ministry of Trade, Industry and EnergycoreStrategic or Co-development Partner · 1 March 2026Selected Daegu for project to establish manufacturing base for human implantable fiber fusion medical devices using AI manufacturing processes. National budget contributing 6 billion won of 10 billion total investment.
  • Ministry of Land, Infrastructure and TransportcoreStrategic or Co-development Partner · 1 March 2026Selected for Autonomous Driving Pilot Zone Service Support Project, securing 600 million won in state funding for autonomous freight transport demonstration.
  • Geo Robot Co., Ltd.coreStrategic or Co-development Partner · 1 January 2026Geo Robot, established in 2022, is participating as project operator in Daegu City's AI Robot Global Innovation Zone initiative, specializing in modular mobile robots.
  • Samick THK Co., Ltd.coreStrategic or Co-development Partner · 1 January 2026Precision component manufacturer that signed business agreement with Daegu City to establish innovation ecosystem for national high-tech strategic industries.
  • Megagen ImplantscoreStrategic or Co-development Partner · 1 April 2025Daegu City signed investment agreement with Megagen Implants (second-largest domestic implant company) to build digital center in Seongseo 5th Industrial Complex. Investment of approximately 10.7 billion won creating 60 jobs.
  • SK GroupminorStrategic or Co-development Partner · 1 December 2023SK originally agreed in December 2023 to participate in 800 billion won AI data center project in Daegu's Suseong Alpha City, but withdrew in June 2026, putting the project on hold.

Scale indicators15 records

Recent moves6 records

Expansion highlights8 records

Daegu competitors and assessment

Company assessment

Direct peers

  • Gwangju Metropolitan City: Korean metropolitan city of similar administrative tier, with overlapping efforts to attract advanced industries, AI talent, and national budget allocations, making it a structural comparable.
  • Sejong Special Self-Governing City: Administrative capital and policy-design center of Korea; oversees many of the national programs (Ministry of Land/Infrastructure/Transport, Science/ICT, Trade/Industry/Energy) that Daegu must lobby, making it a directly relevant peer in the intergovernmental resource competition.
  • Daejeon Metropolitan City: Korea's designated science-and-research hub (home to KAIST, Daedeok Innopolis) — the closest direct peer to Daegu's AI Robot Global Innovation Zone and biotech ambitions given overlapping advanced-industry strategies.
  • Busan Metropolitan City: Second-largest Korean metropolitan city, same administrative tier and competing with Daegu for national ministerial allocations, advanced-industry investment, and major event hosting (e.g., Busan World Expo ambitions), making it the closest directly comparable peer.
  • Incheon Metropolitan City: Korean metropolitan city of comparable size and status, operating autonomous-mobility pilots (e.g., robotaxi at Incheon Airport), smart-city programs, and competing for the same national funding streams that Daegu is targeting.
  • Ulsan Metropolitan City: Korean industrial metropolitan city pursuing post-manufacturing transition, comparable in size and tier to Daegu and competing for the same high-tech strategic industry designations from MOTIE.

Broad incumbents

  • Seoul Metropolitan Government: Korea's dominant metropolitan government and the primary competing destination for the AI startups, biotech companies, and skilled workers Daegu is trying to attract; functions as a broad incumbent reference point rather than a direct head-to-head competitor.

Regional players

  • Suwon City (Gyeonggi Province): One of Korea's largest non-metropolitan cities and a Samsung-driven advanced-manufacturing hub; competes with Daegu for advanced-industry relocations and innovative small-to-medium enterprise ecosystems.
  • Goyang City (Gyeonggi Province): Large Korean city north of Seoul pursuing its own K-culture, events, and convention economy (KINTEX); competes with Daegu's World Masters Athletics Championships and tourism-event strategy.
  • Jeju Special Self-Governing Province: Special-status Korean sub-national government using policy autonomy for inbound tourism, smart-city, and EV/AI pilots; serves as a regional benchmark for tourism-event-driven and innovation-led growth strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Daegu social profiles

Digital presence

Daegu financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Daegu leadership team

Management profile

Number of profiles

Profiles3 records

Daegu funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Daegu M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daegu

What does Daegu do?

Daegu Metropolitan City operates as a municipal government entity providing public administrative services to residents, businesses, and visitors within the Daegu metropolitan area. Core offerings include citizen-facing e-government services (civil petitions, welfare benefits, cultural programs, transportation, health services), regional economic development programs (Unicorn Lab Daegu startup support, AI Robot Global Innovation Zone, AIxBio Innovation Research Hub), and infrastructure projects (Daegu-Gyeongbuk metropolitan railway, integrated new airport). Revenue is generated through local taxes and administrative/public service fees.

Is Daegu a public or private company?

Daegu is a public company. It is classified as state government owned and is currently operating.

When was Daegu founded?

Daegu was founded in 1995. It employs 1,001 to 5,000 people.

Where is Daegu based?

Daegu is headquartered in Daegu, South Korea, in the Asia region.

How does Daegu make money?

Two revenue lines are on record. Municipal Tax Revenue is the primary driver. The others are public Services and Administration Fees.

Who are Daegu's main competitors?

Direct peers on record are Gwangju Metropolitan City, Sejong Special Self-Governing City, Daejeon Metropolitan City, Busan Metropolitan City, Incheon Metropolitan City and Ulsan Metropolitan City. Seoul Metropolitan Government is listed as a broad incumbent. Regional players are Suwon City (Gyeonggi Province), Goyang City (Gyeonggi Province) and Jeju Special Self-Governing Province.

Does Daegu have an API?

No public API is recorded for Daegu.

What industry is Daegu in?

Daegu's product category is Municipal Government Services. Its primary akta.pro industry code is BPAIACAA, Mayor/City Manager & General Administration, with a secondary code of BPAIABAM, State/Provincial Housing, Urban/Regional Planning & Community Development. Its NAICS code is 92.

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NateThe cumulative savings of Daegu City's self-communication network exceed 100 billion won: Nate NewsDaegu City's self-communication network, built since 2016, saves about 19.9 billion won annually in communication costs. The network spans 959 km of optical cables and serves 397 agencies with over 23,000 lines. The city plans to connect 41 institutions in Gunwi County by 2027.NateDaegu City, additional support for eco-friendly vehicle subsidies... 17.7 billion won scale: Nate NewsDaegu City allocated 17.7 billion won in a supplementary budget to subsidize 1,680 eco-friendly vehicles, including 1,100 passenger EVs, 500 cargo vehicles, and 80 small vans, plus 11 hydrogen passenger vehicles. Applications open from October 28 to residents who have lived in the city for 90 days prior.NateDaegu City, additional support for electric vehicle subsidies right after Chuseok... 1,691 units distributed: Nate NewsDaegu City announced an additional 17.7 billion won in subsidies for electric and hydrogen vehicles after Chuseok, covering 1,691 units including 1,100 electric passenger cars, 500 electric trucks, 80 small vans, and 11 hydrogen fuel cell cars. Eligibility requires 90 days of continuous residence, and subsidies range up to 32.5 million won for hydrogen cars. The city has already provided subsidies for 6,250 eco-friendly vehicles this year.NateDaegu City, additional subsidies for 1,680 electric vehicles and 11 hydrogen vehicles: Nate NewsDaegu City announced additional purchase subsidies for 1,680 electric and hydrogen fuel cell vehicles, with a total budget of 17.7 billion won. The subsidies range from 7.54 million won for passenger cars to 32.5 million won for hydrogen fuel cell vehicles, with applications open to residents who have lived in Daegu for 90 days.NateNext year's Daegu Marathon course will change to the city center: Nate SportsDaegu announced on the 24th that the 2027 marathon course will shift to the city center, moving start and finish to National Debt Compensation Movement Memorial Park. The participant limit drops from 40,000 to 32,000, and start time moves to 8 AM. Full course registration opens October 12-18.NateDaegu City, having rejected the government's budget support, is not issuing additional 'local currency' citing financial excuses: Nate NewsDaegu City has halted additional issuance of its local currency Daegu Pay this year, citing financial constraints after rejecting government budget support. The city received 17.81 billion won, leaving 2.2 billion won unused, and could have issued 44 billion won more if it had invested matching funds. The Democratic Party urged a review of the plan.NateDaegu City selects 31 companies awarded the Innovation Award at the Future Innovation Technology Expo: Nate NewsDaegu City selected 31 companies for the Innovation Award at the Future Innovation Technology Expo, with 209 participating. Nine won the Grand Innovation Technology Award and 22 the Innovation Award, including SWM and Airobot. The fair runs October 21-24 at Daegu EXCO, with the ceremony on October 22.NatePromotion of the construction of a 20,000-seat dome stadium in Daegu Duryu Park... Goal to start construction in 2031: Nate NewsDaegu City selected Duryu Park Universiade Tennis Court and adjacent land for a 20,000-seat dome stadium, aiming to start construction in 2031. The city estimates a 500 billion won cost and plans to rely on national funding and private investment. The stadium would host professional basketball, tennis, badminton, e-sports, and concerts.NateDaegu City secures 21 billion won in supplementary budget for the Joya-Dongmyeong expressway: Nate NewsDaegu City approved a 21 billion won supplementary budget for the Joya-Dongmyeong Metropolitan Road, a 7.9 km four-lane road connecting Joya-dong to Dongmyeong-myeon. The project, with a total investment of about 370 billion won, is divided into three sections. The city expects the road to disperse about 20% of traffic from National Route 5, easing congestion in northern Daegu.NateThe front mountain trail, which is 17 years old, is deteriorating in various places... 'Safety inspections must be conducted on the entire section': Nate NewsDaegu City Council member Kwon Oh-seop urged the city to inspect and maintain the 17-year-old Apsan Jarak-gil trail, citing aging facilities and wild boar sightings. He proposed a comprehensive survey, immediate repairs, and a smart guidance system, while noting current wildlife damage prevention focuses on agriculture.