Why Samsung didn't join race for S.Korea's air taxi project

Why Samsung didn't join race for S.Korea's air taxi project

Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...

CJ to beef up content, K-food sector with $9.7 billion investment

CJ to beef up content, K-food sector with $9.7 billion investment

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...

Tous les Jours, the next K-bakery to lure US customers

Tous les Jours, the next K-bakery to lure US customers

Tous les Jours, South Korea’s second-largest bakery franchise, is rapidly expanding its US business by attracting customers with greater varie...

Korea's key movie firm to push content production M&As

Korea's key movie firm to push content production M&As

In recent years, the content creation industry in South Korea has been a key investment sector for local investment banks. Some major content produc...

KT showcases AI-powered robots, traffic control program at tech fair

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

JYP Entertainment stocks skyrocket 70% in three months

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

SM Entertainment to find Saudi idols with Princess Haifa

SM Entertainment to find Saudi idols with Princess Haifa

South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...

Telecom giant KT considers turning into holding company structure

Telecom giant KT considers turning into holding company structure

KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...

Activist fund wins over K-pop pioneer at SM Entertainment annual meeting

Activist fund wins over K-pop pioneer at SM Entertainment annual meeting

South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...

Daesang’s first Korean kimchi plant in US up and running

Daesang’s first Korean kimchi plant in US up and running

South Korean food maker Daesang Corp. has completed the construction of a kimchi plant in the US, its first factory outside Asia, which the company ...

Kakao hits snag in $815 mn SM Entertainment takeover plan

Kakao hits snag in $815 mn SM Entertainment takeover plan

Kakao Entertainment Corp. has hit a snag in its talks to buy a controlling stake in SM Entertainment Co., according to those familiar with the neg...

Springtime hopeful for K-Culture’s continued Belle Époque

Springtime hopeful for K-Culture’s continued Belle Époque

In the spring of 2020, the South Korean stock market was still not over the COVID-19 scare. While going through the indices, I came across the ...

South Korea's contact lens exports surge in 2021

South Korea's contact lens exports surge in 2021

South Korea's contact lens brands accelerated their penetration into the global market estimated at $10 billion in 2021, thanks to the market's rebo...

K Car's evolution into top Korean used car sales platform

K Car's evolution into top Korean used car sales platform

When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...

Korean content shares jump on Beijing’s eased restrictions 

Korean content shares jump on Beijing’s eased restrictions 

South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news that Disney+ will rele...

BTS returns to Korean stage for 1st time since 2019

BTS returns to Korean stage for 1st time since 2019

SEOUL — In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to the stage in Seoul.The...

K-pop shares rebound on return to offline concerts

K-pop shares rebound on return to offline concerts

Shares of major South Korean entertainment companies are on an upward trend this month. The rebound is thanks to eased COVID-19 restrictions leading...

K-beauty vegan rebel Dear Dahlia in Paris' Galeries Lafayette

K-beauty vegan rebel Dear Dahlia in Paris' Galeries Lafayette

South Korean cosmetics brand Dear Dahlia successfully opened a boutique in Europe’s largest department store in 2019 – just two years ...

VR star signs with K-pop label YG Entertainment

VR star signs with K-pop label YG Entertainment

South Korean game developer and publisher Smilegate announced Monday that its virtual human signed an exclusive contract with an affiliate of global...

Squid Game’s mega-hit spurs Netflix to release record K-content

Squid Game’s mega-hit spurs Netflix to release record K-content

Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

Former K-pop dancer turns to AI for personal training services

Former K-pop dancer turns to AI for personal training services

When Dia Kang first moved to Silicon Valley in October 2016 to create a dance app to learn K-pop moves, there was no worldwide pandemic. By Jan...

HK inno.N’s K-CAB a blockbuster drug with $843 million exports

HK inno.N’s K-CAB a blockbuster drug with $843 million exports

South Korea’s HK inno.N Corp. has signed a 640 billion won ($540 million) contract to license out its technology for K-CAB, a gastroesophageal...

Strong Ventures, KB Investment invest in K-pop metaverse

Strong Ventures, KB Investment invest in K-pop metaverse

South Korea’s KB Investment Co. and US venture capitalist Strong Ventures LLC have invested in Stan World, a K-pop metaverse platform operator...

Korea’s No. 2 art auction house to go public in Jan

Korea’s No. 2 art auction house to go public in Jan

K Auction, South Korea’s No. 2 art auction house, is set to go public in January 2022 as it aims to court the domestic leader Seoul Auction Co...

Dunamu, Naver Z invest $8.5 mn in metaverse firm Persona Space

Dunamu, Naver Z invest $8.5 mn in metaverse firm Persona Space

Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...

K-startups take note of growing demand for 'meta fashion'

K-startups take note of growing demand for 'meta fashion'

Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...

Kimchi on track for first trade surplus in 12 years

Kimchi on track for first trade surplus in 12 years

Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...

ViacomCBS, CJ ENM join hands to expand global businesses

ViacomCBS, CJ ENM join hands to expand global businesses

ViacomCBS Inc., one of the top four US media conglomerates, and CJ ENM Co., South Korea’s entertainment powerhouse, have teamed up to expand t...

Korea Venture Investment creates global fund worth $2 billion

Korea Venture Investment creates global fund worth $2 billion

Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...

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 Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit