Kakao to buy FreeNow

Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

Shinsegae Group has inched closer to a deal to acquire eBay Korea that would see the South Korean retail giant emerge as an e-ecommerce behemoth wit...

The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...

Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...

A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...

South Korea’s mobile platform Kakao Corp. is set to shake up the country's e-commerce market in the second half of the year with the launch of...

South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

South Korean mobile platform giant Kakao Corp.’s enterprise value is rising backed by its strong business performance, threatening to overtake...

South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...

Kakao Corp. is entering the over-the-top (OTT) streaming market. According to investment banking sources on May 27, Kakao’s entertainment and ...

Samsung Life Insurance Co. has agreed to buy a 25% stake in Savills Investment Management (Savills IM) for £63.75 million ($90 million) from U...

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...

Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...

Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....

South Korea's JR AMC Co. has signed a $140 million agreement to buy a 49.9% stake in a New York office building from JPMorgan Asset Management. Once...

South Korea's two online giants Naver Corp. and Kakao Corp. have completed their respective acquisitions of storytelling platforms in the US and Can...

The South Korean government’s plan to vaccinate 36 million people, or about 70% of its population, by the third quarter of 2021 is heating up ...

Kakao Pay Corp., aiming to list on South Korea's main stock exchange this year, has valued itself at as much as 16 trillion won ($14.4 billion), or ...

Kakao Pay Corp., a unit of South Korea's largest mobile messaging app Kakao Corp., submitted an application for its initial public offering with the...

South Korea-based EastBridge Partners has agreed to acquire a majority stake in the country's waste treatment firm YIDO for around 260 billion won (...

South Korea's Mastern Investment Management Co. and Kiwoom Securities Co. are in the due diligence process to acquire six last-mile logistics center...

Kakao Bank, South Korea's No.1 mobile banking app., has kicked off the process to go public by applying for a preliminary review of its stock market...