Samsung, Bayer join $90 mn investment in AI healthcare app Ada Health

Samsung, Bayer join $90 mn investment in AI healthcare app Ada Health

Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...

Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn

Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn

Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...

Long-term Treasurys still viable option: The D. E. Shaw Group

Long-term Treasurys still viable option: The D. E. Shaw Group

US Treasury bonds with longer maturities remain effective hedging instruments against inflation in the current low rate environment, according to Th...

World's 1st e-sports channel OGN up for sale; valued at $8.9 million

World's 1st e-sports channel OGN up for sale; valued at $8.9 million

OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...

Team Blind secures $37 mn in Series C round; eyes Nasdaq listing

Team Blind secures $37 mn in Series C round; eyes Nasdaq listing

Teamblind Inc., the operator of Blind, an anonymous social platform for discussion on workplace issues, has successfully concluded its $37 million S...

SkyLabs wraps up $20 mn Series B round; eyes 2022 listing

SkyLabs wraps up $20 mn Series B round; eyes 2022 listing

South Korea-based healthcare startup SkyLabs has wrapped up its 22.5 billion won ($20 million) Series B round, with plans to focus on beefing up its...

E-sports startup Bigpicture Interactive in talks to raise over $9 mn

E-sports startup Bigpicture Interactive in talks to raise over $9 mn

South Korea-based e-sports startup Bigpicture Interactive Corp. is currently in talks with various venture capital firms to raise over 10 billi...

Colosseum rises to e-commerce challenge with one-stop solution

Colosseum rises to e-commerce challenge with one-stop solution

Fulfillment companies are expected to enjoy sharp growth this year, thanks to the global e-commerce boom fueling demand for fulfillment services, ...

Character IP startup Studio Origin wraps up $4 mn Series A round

Character IP startup Studio Origin wraps up $4 mn Series A round

South Korea-based character entertainment startup Studio Origin Corp. has successfully concluded a 5 billion won ($4.4 million) Series A round, the ...

Food tech startup Sir.LOIN seeks Series B funding; valuation to top $40mn

Food tech startup Sir.LOIN seeks Series B funding; valuation to top $40mn

South Korea-based food tech company Sir.LOIN Inc. is seeking Series B funding in the range of 10 billion won as industry watchers project the startu...

Ad tech firm Moloco joins unicorn club via Series C round

Ad tech firm Moloco joins unicorn club via Series C round

Moloco Inc., a data-driven advertising solutions firm, has concluded its Series C funding round, rendering the company a newcomer to the unicorn clu...

Freelancer market platform Kmong raises near $28mn in Series C round

Freelancer market platform Kmong raises near $28mn in Series C round

South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...

Laundry service Wash Swat wraps up $16 mn Series B round

Laundry service Wash Swat wraps up $16 mn Series B round

South Korea-based laundry service startup Wash Swat Inc. has secured 17.5 billion won ($16 million) in Series B round funding, bringing the company'...

SK E&S seeks global IB to raise up to $3 bn in 2021

SK E&S seeks global IB to raise up to $3 bn in 2021

SK E&S Co. will hire a global investment bank to launch the process of raising 2 trillion-3 trillion won ($2 billion-$3 billion) in new capital ...

Sendbird achieves unicorn status via Series C round

Sendbird achieves unicorn status via Series C round

Sendbird, an in-app chat and messaging service provider, has become South Korea's freshest unicorn startup, obtaining an enterprise value of over 1 ...

Fresh food logistics startup Team Fresh secures 30 bn won in Series C

Fresh food logistics startup Team Fresh secures 30 bn won in Series C

South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...

SK E&S to invest $1.4 bn in Australia LNG project

SK E&S to invest $1.4 bn in Australia LNG project

SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...

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...

Hyundai to build ultra-fast EV charging infrastructure under E-pit brand

Hyundai to build ultra-fast EV charging infrastructure under E-pit brand

Hyundai Motor Group has unveiled a plan to build high-speed electric car charging infrastructure across the country as the South Korean auto giant s...

S.Korean e-book operator eyes unicorn status via successful foray into US

S.Korean e-book operator eyes unicorn status via successful foray into US

E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea...

Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce

Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce

South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal

Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal

Daewoo Engineering & Construction Co. is up for sale as its main creditor hopes to cash out of the South Korean builder on the back of its impro...

Naver, E-Mart in share swap talks ahead of Coupang's US IPO

Naver, E-Mart in share swap talks ahead of Coupang's US IPO

South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...

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 ...

SK E&S to sell 49% stake in city gas businesses; valued over $900 mn

SK E&S to sell 49% stake in city gas businesses; valued over $900 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

SK E&S to sell 49% stake in city gas businesses; valued over $895 mn

SK E&S to sell 49% stake in city gas businesses; valued over $895 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

Satellite launcher startup raises over $7 mn in Series A funding

Satellite launcher startup raises over $7 mn in Series A funding

South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...

E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea

E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea

E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...

Daewoo E&C wins $3.1 bn in orders from Iraq, Mozambique

Daewoo E&C wins $3.1 bn in orders from Iraq, Mozambique

Daewoo Engineering & Construction Co. has racked up two orders totaling $3.1 billion from Iraq and Mozambique to build a port and an LNG train, ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale