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Match Group buys Korean video chat startup for $1.73 bn

Match Group buys Korean video chat startup for $1.73 bn

Match Group, the operator of the world’s largest dating app Tinder, has agreed to buy 100% of South Korea’s leading video chat startup...

Hyundai, KDB launch fund to foster mobility startups

Hyundai, KDB launch fund to foster mobility startups

Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...

Google to invest $270 mn in Kakao Mobility with Carlyle

Google to invest $270 mn in Kakao Mobility with Carlyle

Google Inc. is planning to invest around $270 million in Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kaka...

LG hires Kim & Chang as advisor for mobile division sale

LG hires Kim & Chang as advisor for mobile division sale

LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

Kia drops Motors from name, unveils roadmap for new EV models

Kia drops Motors from name, unveils roadmap for new EV models

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising

IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising

Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...

Three Korean consortiums in final bid for Hanjin Heavy

Three Korean consortiums in final bid for Hanjin Heavy

South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor Group Chairman Chung Euisun has agreed to take a 20% stake in Boston Dynamics Inc. as part of the South Korean group’s acquisiti...

Hyundai mulls downsizing skyscraper for future mobility

Hyundai mulls downsizing skyscraper for future mobility

Hyundai Motor Co. is at a crossroads over the construction of its $3.4 billion global business center, deliberating on whether to downsize the 105-s...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

Kakao, Google in talks over mobility partnerships

Kakao, Google in talks over mobility partnerships

Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kakao Corp., is in talks with global IT giant Google over pot...

Kolon Industries to mass produce key material for fuel cells

Kolon Industries to mass produce key material for fuel cells

Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is readying for the mass production of a key material for fuel cells...

SK Telecom seeks $271 mn for mobility spin-off

SK Telecom seeks $271 mn for mobility spin-off

South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

SK Group mulls headquarters buyback through REIT

SK Group mulls headquarters buyback through REIT

Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...

Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market

Samsung to supply mobile chips to Xiaomi, Oppo; to rank 3rd in AP market

Samsung Electronics Co. is expected to supply its Exynos mobile processor chips to China’s two leading handset makers, Xiaomi and Oppo, next yea...

How the Lee Kun-hee mobile phone became a blockbuster

How the Lee Kun-hee mobile phone became a blockbuster

This is the third in a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course in b...

TPG to invest $222 mn in mobile banking app KakaoBank

TPG to invest $222 mn in mobile banking app KakaoBank

TPG will acquire a 2.7% stake in South Korea’s mobile banking app KakaoBank for 250 billion won ($222 million) ahead of an initial public offeri...

Why Lee set fire to over 150,000 mobile phones

Why Lee set fire to over 150,000 mobile phones

This is the first of a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course to b...

SK Telecom to spin off mobility unit, launch JV with Uber

SK Telecom to spin off mobility unit, launch JV with Uber

SK Telecom Co. is spinning off its mobility platform business as a separate entity and also launching a joint venture with US ride-hailing company Ube...

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

Korean mobile game developer buys out German rival

Korean mobile game developer buys out German rival

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...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

Kolon Mobility Group

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