Naver, Kakao vie for Korean web novel platform

Naver, Kakao vie for Korean web novel platform

Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel ma...

Korean content shares soar as platforms eye overseas expansion

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...

Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...

IMM PE's art of the exit: Cable maker, online mall

IMM PE's art of the exit: Cable maker, online mall

Seoul-based IMM Private Equity has come into the spotlight with a series of lucrative exits in South Korea, including the 265 billion won ($237 mill...

Shinsegae buys Korean online fashion mall from IMM PE

Shinsegae buys Korean online fashion mall from IMM PE

Shinsegae Group has acquired South Korea's leading online fashion platform from IMM Private Equity, in a transaction estimated at between 250 billio...

French webtoon platform posts over 200% growth via Korean content

French webtoon platform posts over 200% growth via Korean content

South Korea’s online content platform KidariStudio Inc. announced on Mar. 31 that its France-based webtoon arm, Delitoon SAS, logged around 10...

Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5

Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5

Kia Corp. on Tuesday debuted the EV6, its first dedicated electric vehicle built on Hyundai Motor Group’s new EV platform, amid intensifying com...

Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor

Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor

South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-ba...

Lotte buys S.Korea’s top secondhand e-commerce platform

Lotte buys S.Korea’s top secondhand e-commerce platform

South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...

Travel platform Yanolja eyes US IPO in dual listing

Travel platform Yanolja eyes US IPO in dual listing

South Korea’s largest travel platform Yanolja has begun the internal process to list in both the US and South Korea, by which the company expe...

Online fashion platform Musinsa raises $115 mn from VC firms

Online fashion platform Musinsa raises $115 mn from VC firms

South Korea’s top online fashion retailer Musinsa has raised another 130 billion won ($115 million) from Sequoia Capital and IMM Investment, g...

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

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...

eBay Korea set to fuel rivalry between retail, online giants

eBay Korea set to fuel rivalry between retail, online giants

The planned sale of eBay Inc.’s South Korean operations is gathering steam ahead of Coupang Corp.'s US stock market listing this week, with th...

Korea Ratings forays into online due diligence for alternatives

Korea Ratings forays into online due diligence for alternatives

South Korea’s leading credit rating and business valuation services provider, Korea Ratings, has stepped into the online due diligence service...

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

South Korea's e-commerce giant Coupang Corp. is looking to raise up to $3.6 billion via its initial public offering on the New York Stock Exchange -...

Travel platform Yanolja’s enterprise value seen at $11 bn if listed on Nasdaq

Travel platform Yanolja’s enterprise value seen at $11 bn if listed on Nasdaq

South Korea’s largest travel platform Yanolja’s enterprise value could rise to at least $11 billion if the stock is listed on the Nasdaq...

Top travel platform Yanolja eyes Q2 IPO review, listing by year-end

Top travel platform Yanolja eyes Q2 IPO review, listing by year-end

South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarte...

LG Electronics enters TV content platform market with its webOS software

LG Electronics enters TV content platform market with its webOS software

South Korea’s LG Electronics Inc. is entering the TV content platform market by offering its web-based software to TV makers through a partner...

E-commerce platform TMON raises $276 mn in pre-IPO share sale

E-commerce platform TMON raises $276 mn in pre-IPO share sale

South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its pre-IPO share sale ...

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions ...

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

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...

Korea’s top online flea market set to raise $180 mn in funding

Korea’s top online flea market set to raise $180 mn in funding

Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fund...

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

LG, Qualcomm to cooperate in 5G platforms for connected cars

LG, Qualcomm to cooperate in 5G platforms for connected cars

LG Electronics Inc. and Qualcomm Technologies Inc. have agreed to cooperate in the development of 5G wireless platforms for next-generation connecte...

S.Korea's online fashion platform eyes global expansion

S.Korea's online fashion platform eyes global expansion

Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...

Naver to acquire web novel platform Wattpad for $593 mn

Naver to acquire web novel platform Wattpad for $593 mn

South Korea’s portal giant Naver Corp. will acquire Wattpad, the world's largest web novel platform based in Toronto, for 653.2 billion wo...

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

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, ...

Seoul shares tipped to benefit from global indices' China exclusions

Seoul shares tipped to benefit from global indices' China exclusions

Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...

Hyundai Motor unveils all-new electric vehicle platform E-GMP

Hyundai Motor unveils all-new electric vehicle platform E-GMP

Hyundai Motor Co. has unveiled a new platform, which will underpin its electric vehicles in coming years as South Korea’s largest automotive g...

Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO