S.Korea's fast-food chain Lotteria opens 3rd store in Mongolia

S.Korea's fast-food chain Lotteria opens 3rd store in Mongolia

Lotte GRS, the food affiliate of Lotte Group, said on Thursday that it opened its third Lotteria restaurant in Ulaanbaatar, Mongolia, last Friday.Lo...

Home&Shopping partners with K-Market to explore opportunities in Vietnam

Home&Shopping partners with K-Market to explore opportunities in Vietnam

Home & Shopping, South Korea's home shopping channel specializing in products of small- and medium-sized enterprises (SMEs),  announced on Th...

Korea's CJ CheilJedang mulls rebrand with name change

Korea's CJ CheilJedang mulls rebrand with name change

South Korean food giant CJ CheilJedang Corp. is considering a new name for the company in a bid to represent its main businesses and target global c...

Dragonfly, CJ ENM sign MOU on content business

Dragonfly, CJ ENM sign MOU on content business

Dragonfly said on Wednesday that it has signed a memorandum of understanding (MOU) with CJ ENM Co. to cooperate in moving into new content busines...

Blackpink named Entertainer of the Year by Time Magazine

Blackpink named Entertainer of the Year by Time Magazine

Group Blackpink was selected as "2022 Entertainer of the Year" by TIME, a US weekly magazine. The magazine released a list of the most influential p...

Kimchi exports to US reach record high of $27 million so far this year 

Kimchi exports to US reach record high of $27 million so far this year 

Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...

Korea's agro-food exports set record of $8 billion in 11 months this year

Korea's agro-food exports set record of $8 billion in 11 months this year

Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agriculture, Food and Rural ...

K-chicken chain BB.Q opens second restaurant in New York

K-chicken chain BB.Q opens second restaurant in New York

BB.Q Chicken, the country’s leading franchise, said on Friday it opened its second restaurant in Manhattan on Dec.1. This restaurant is BB.Q...

VC firms rake in profit of up to 6 times principal from Raemongraein

VC firms rake in profit of up to 6 times principal from Raemongraein

Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV ...

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife forms joint venture with Sinopharm Group

Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...

Blackpink's 'Ice Cream' music video surpasses 800 mn views

Blackpink's 'Ice Cream' music video surpasses 800 mn views

K-pop girl group Blackpink’s “Ice Cream” music video exceeded 800 million views on YouTube around 2 a.m. on Nov. 30 local time, it...

Korea’s top delivery app operator Woowa launches food delivery robot

Korea’s top delivery app operator Woowa launches food delivery robot

The self-driving robot Dilly Tower of Woowa Brothers Corp., the operator of Korea’s top food delivery app Baedal Minjok, commonly known as Bae...

CJ CheilJedang sells 3 million units of vegan food just 10 months after launch

CJ CheilJedang  sells 3 million units of vegan food just 10 months after launch

The plant-based food brand PlantTable of Korean food and biotech giant CJ CheilJedang Corp. has seen three million units in cumulative sales since i...

SK expands sustainable food biz with $7.5 mn US investment

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Food giant Nongshim exports two container units of smart farm to Oman

Food giant Nongshim exports two container units of smart farm to Oman

Nongshim Co., a South Korean food and instant noodle manufacturer, announced on Wednesday that it is slated to export a smart farm system to Oman, a...

CJ CheilJedang serves up K-food for Qatar World Cup fans

CJ CheilJedang serves up K-food for Qatar World Cup fans

South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...

BTS Jin's solo debut album sells over 1 mn copies in 16 days

BTS Jin's solo debut album sells over 1 mn copies in 16 days

"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its launch.Released on O...

CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal

CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal

CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...

Promising K-startups to present B2B transition strategies at Geeks Show Up

Promising K-startups to present B2B transition strategies at Geeks Show Up

Come this Thursday, 10 select startups will duke it to prove their business-to-business (B2B) model has the best chance of success. The start...

Pulmuone to double pasta production in China by expanding plant

Pulmuone to double pasta production in China by expanding plant

South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...

CJ CheilJedang builds up future food materials business

CJ CheilJedang builds up future food materials business

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

Dongwon F&B to raise price of canned tuna again, this time by 7%

Dongwon F&B to raise price of canned tuna again, this time by 7%

​​​​​​​The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...

Intake bets on alternative meat, zero-calorie drinks for future of food tech

Intake bets on alternative meat, zero-calorie drinks for future of food tech

South Korean food tech startup Intake Corp. sells a wide range of meat alternatives, such as plant-based egg substitutes and vegan burger patties.&n...

KT posts highest Q1-Q3 operating profit since 2012

KT posts highest Q1-Q3 operating profit since 2012

KT Corp., South Korea’s major telecommunications firm, posted 1.5 trillion won ($1.1 billion) in cumulative operating profit for the first thr...

Korea's SKT aims for $32 bn in corporate value via AI tech by 2026

Korea's SKT aims for $32 bn in corporate value via AI tech by 2026

South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...

KT adds partner to expand Vietnam digital healthcare biz

KT adds partner to expand Vietnam digital healthcare biz

KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...

Lotte Mart bulks up in SE Asia to make up for China failure

Lotte Mart bulks up in SE Asia to make up for China failure

Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...

Naver posts record 3Q sales boosted by content and commerce

Naver posts record 3Q sales boosted by content and commerce

South Korea's leading web portal Naver reported record-high sales in the third quarter thanks to surging growth in its content sector, including the...

Korea's premium pet food market sees rapid growth

Korea's premium pet food market sees rapid growth

Korea's pet food market is getting more sophisticated, with brands appearing whose products are even more expensive than food for humans despite hav...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation