DearU strives to catch up with leading K-pop fan platform Weverse

Imagine getting this text from your favorite K-pop group member: “Hey, what did you eat for lunch? Can’t wait to see you at the concert ...

K-pop fan engagement platform DearU eyes H2 listing

South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debut on the country&rsq...

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

Behind Korea’s bizarre 'open run' race for Chanel bags

In South Korea today, running has become an increasing part of everyday life, particularly at a place where you would least expect to see a large gr...

Naver to challenge Amazon with launch of Smart Store platform in Spain

South Korea’s top online portal operator Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants in...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

K-pop content platforms team up to take lead in community market

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

BTS smooths Butter at Billboard Music Awards; scoops up 4 awards

BTS is unstoppable. The K-pop boy band continues to set fresh records -- becoming the first Korean band to scoop up four awards at the 2021 Billboar...

Internet-only K Bank to raise $1.05 bn in rights offering

South Korea’s first internet-only bank, K Bank, will be raising 1.2 trillion won ($1.05 billion) from existing and new investors for business ...

ASML joins K-Semiconductor Belt with $210 mn investment by 2025

The Netherlands-based ASML Holding N.V., the world’s leading supplier of semiconductor equipment, will be joining the South Korean government-...

K-beauty boom makes S.Korea the fourth-largest cosmetics exporter

Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...

Entertainment shares to soar in Q2 following BTS, Blackpink comeback

South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such ...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Growing fandom of BTS, other K-pop idols revives album market

In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...

Spotify, Kakao settle licensing dispute; K-pop returns to platform

Spotify Technology S.A., the world's largest music streaming service, has reached a licensing agreement with Kakao Entertainment Corp., to make musi...

Fresh attempts to produce K-pop boy bands abroad raise eyebrows

Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...

Amorepacific, Shopee ink partnership for Southeast Asian market

Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...

Big Hit, Naver to join with Universal Music to take K-pop platform global

Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...

K-pop labels' revenue model shift to usher in new valuations

South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...

YouTube enters K-pop streaming scene; competition heats up

Google Inc., the operator of the world’s largest streaming platform YouTube, has entered the growing local online concert scene, heralding fie...

Naver, Big Hit, YG join forces to conquer K-pop fan community market

The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...

K-content shares rise as OTTs bask in success of dramatized webtoons

Korean content providers' shares are emerging as some of the best to buy as competition heats up among global over-the-top (OTT) services such as Ne...

NCSoft’s UNIVERSE fuels competition in K-pop entertainment platforms

South Korean game publisher NCSoft Corp. is fueling competition in the online entertainment platform market with the planned launch of its own app, ...

K-startup products sweep CES 2021 innovation awards honors

A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...

BTS sweeps Spotify's most-streamed K-pop list in 2020

South Korean artists were clearly on the rise last year, with the top 10 most-streamed Korean artists pulling in over a combined 10.6 billion stream...

K-content companies set to rule 2021 stock market after breakneck growth

Once considered just one of many Asian entertainment products, Korean dramas, games, music and webtoons – collectively known as K-content &nda...

BTS rewrites pop history as it goes mainstream in US

“One day the world stopped, without any notice … people say that the world has changed ... but thankfully our relationship is still t...

K-content’s ‘unfamiliar familiarity’ theme goes viral on global stage

It’s simple and irritatingly repetitive. Many people, kids and adults alike, around the world hum along and often complain that they just can&...

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

NPS set to up pressure on spicy Korean ramen exporter

The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...