Kakao to buy FreeNow

Hyundai Motor Co. may acquire Boston Dynamics Inc., a US-based robotics company, from Japan’s SoftBank Group Corp. in a deal worth as much as $1...

Kakao Corp., South Korea's platform giant, announced on Nov. 9 that its webtoon (digital comics) platform Piccoma has become the No. 1 grossing mobile...

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

South Korea’s mobile platform giant Kakao Corp. is raising the price of shares to be converted from its exchangeable bond issue in Singapore on ...

SK Hynix Inc. has signed a 10.3 trillion won ($9 billion) all-cash deal to buy Intel Corp.’s NAND memory chip business that will propel the Sout...

KKR & Co. has purchased a combined 440.8 billion won ($386 million) worth of shares in TSK Corp., a leading South Korean sewage and wastewater tre...

South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

Kakao Enterprise Corp., the artificial intelligence service unit of South Korea’s Kakao Corp., has launched a business messenger platform to com...

Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...

Kakao Games Corp. shares reached the daily upper limit for the second consecutive day on Sept. 11, pushing the company to the third place on KOSDAQ wi...

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

Doosan Group is selling its hydraulic components manufacturing arm to a consortium of two local private equity investment firms -- Socius Advisors and...

Kakao Games Corp. has set a fresh record raising over 58.6 trillion won ($49.3 billion) in deposits during its two-day public subscription on Sep...

Kakao Games Corp. has raised over a staggering 16 trillion won ($13.5 billion) in deposits during the first day of its public subscription on Septembe...

Kakao Games Corp. posted record-high demand during its bookbuilding for institutional investors on August 25 and 26, according to the company's regula...

Kakao Games Corp. is set to be South Korea’s biggest initial public offering of the year backed by overwhelming demand seen during its bookbuild...

Kakao Games Corp. will use proceeds from the initial public offering to carry out active M&A among game sectors, said Namkoong-whon, the company's...

KB Securities Co. has reportedly acquired Amazon’s logistics center in Edinburgh, Scotland, for 102.5 billion won ($86.5 million), which the onl...

Brian Kim (Kim Bum-soo), founder and chairman of South Korea’s biggest mobile messaging app operator Kakao Corp., has become the country’s...

Foreign investors have stepped up apartment purchases in South Korea in recent years, adding fuel to the already heated residential property market wh...

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

KKR & Co. has been named as preferred buyer of two South Korean companies providing industrial and medical waste treatment services in a deal wort...

A consortium of KKR & Co. and two South Korean companies have closed the acquisition of a Seoul office tower from the National Pension Service (NP...

NH Investment & Securities Co. Ltd. and KB Asset Management Co. Ltd. have acquired an office building in Dallas for $370 million, which represente...

NH Investment & Securities Co. Ltd. has taken a 50.1% stake in an Amazon distribution center in Japan for around 150 billion won ($130 million) in...

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...

Meritz Securities Co. Ltd. has acquired Brussels’ largest building for 1.4 billion euros ($1.6 billion) in the single biggest property deal in B...

South Korea’s IMM Investment Corp. has agreed to buy a 35% stake in Texas Express Pipeline, a joint venture for natural gas liquids transportati...