LG Elec. launches 'online playground' for Gram laptop users

In a bid to bolster its fan base, LG Electronics Inc. has launched an online community dedicated to users of its LG Gram laptops. The digital s...

Kakao to bolster open chat, ad services for growth

South Korea’s leading online platform operator Kakao Corp. on Thursday unveiled plans to bolster its open chat and advertising businesses to a...

Kakao Games posts record-high operating profit in Q2

Kakao Games Corp., the game publishing unit of South Korean web service giant Kakao Corp., said on Wednesday it achieved record-high operating profi...

MBK in talks to buy Korea's top online education firm MegastudyEdu

MBK Partners, one of Asia's largest private equity firms, is in exclusive talks to acquire Korea’s top online education company MegastudyEdu C...

Starbucks Korea faces its biggest challenge in 23 years 

Starbucks Korea, the undisputed leader in South Korea’s coffee franchise landscape, is facing the biggest challenge of its 23-year history.&nb...

Korea's top mobile game Odin creator Lionheart eyes IPO in H2

Lionheart Studio Corp., South Korea’s leading game developer behind the mobile game Odin, has begun the process to go public with its July 22 ...

Online study assistant operator Bebridge receives $1.9 mn in pre-Series A

South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...

Kakao steps back from conflict over Google's in-app payment

South Korea’s Kakao Corp. has voluntarily removed an external payment link from the country’s largest messaging app KakaoTalk in complia...

Kakao-invested game developer Shiftup becomes unicorn startup

Shiftup Co., a South Korean mobile game developer, has joined the ranks of unicorns, or private companies worth $1 billion or more.The studio behind...

Naver executives’ treasury share sale may signal business slowdown

Executives at South Korea’s platform giant Naver Corp. are selling their shares in the company, an indication that the company’s busines...

Google stops KakaoTalk updates over violation of external payment policy

Alphabet Inc.’s Google has halted updates to Kakao Corp.'s KakaoTalk, South Korea's most popular messaging app. An employee of Kakao told...

LS Cable to step up ESG efforts by recycling wooden cable drums

LS Cable & System Ltd. is slated to begin recycling wooden cable drums as part of its environmental, social and governance (ESG) management effo...

SSG.COM joins race for top spot in luxury online shopping in Korea

SSG.COM, the e-commerce brand of South Korean retail giant Shinsegae Inc., launched its online luxury goods marketplace SSG Luxury on July 3. Focusi...

Online lender K Bank revs up for IPO in Nov on surging net profit

K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...

Shilla Duty Free targets Chinese shoppers with Alibaba

The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract some 158 million cro...

LG, Kakao Mobility to roll out autonomous delivery robot service

LG Electronics Inc. and Kakao Mobility Corp. have agreed to form a future mobility technology partnership with an aim to jointly launch an autonomou...

Korea webtoon startup Kenaz acquired by hedge fund

South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...

MBK Partners in talks to buy Kakao Mobility

MBK Partners, one of the largest private equity firms in Asia, is in talks with the country’s top mobile platform Kakao Corp. to acquire share...

Korea's small webtoon platforms eye global adult markets

South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...

Naver to enter smart building market with 5G, AI robots

South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...

Kakao to focus on interest-based platform for global market

South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...

Kakao Mobility to launch car transport service in June

South Korea’s Kakao Mobility Corp. will begin providing drivers for door-to-door auto transport from as early as mid-June, according to tech i...

Kakao Entertainment’s fundraising plan hits roadblock

Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp., is struggling to raise money as surging inflation and ri...

Kakao to merge US webtoon, web novel platforms

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

Korea electronics retailers face headwind from e-commerce, dept. stores

South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...

LG’s telecommunication unit joins UAM race in Korea

LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future growth engine in coopera...

Kakao CEO vows messenger app reform as Q1 misses forecasts

South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...

Kakao to launch webtoon platform in Indonesia for SE Asia

Kakao Entertainment Co. will launch a webtoon platform in Indonesia, the most populous country in Southeast Asia, to expand the business in the regi...

Hana Fin. boosts Vietnam presence with BIDV Securities stake

South Korea's Hana Financial Investment Co. has become the second-largest shareholder in Vietnam's BIDV Securities after buying a 35% stake in the V...

Online education startup Day 1 Co. completes $28 mn Series D funding

Education content provider Day 1 Company announced Thursday it has completed a Series D funding worth 35 billion won ($28 million.)A number of ventu...