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...
Top-ranking S.Korean universities become hotbeds for promising startups
South Korean universities have become hotbeds for promising startups. Leading the trend are two of the country's best-known higher education ...
Samsung to supply chip substrate for Apple’s next-gen M2 processor
Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...
CJ steps up US exports with new instant rice bowls
South Korea's food and beverage giant CJ CheilJedang Corp. on April 21 began shipment of its new Hetbahn instant rice products for US consumers from...
KDB resumes global venture IR event in Singapore
South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...
Korean firewater lures more young Japanese
South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...
Koreans poised to be India's first non-resident direct stock buyers
South Korean individuals are likely to become the first non-resident direct stock investors in India, after the South Asian country lifted the ceili...
Global pension funds veto more of Korean firms' agendas
Global pension funds are expanding their influence as key shareholders of major companies in South Korea. Some of the world’s largest pensio...
South Korean conglomerates race to establish CVCs
One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...
Direct lending remains the top PD strategy for Korean LPs
Around 70% of South Korean key asset owners will expand their exposure to global private debt, expecting steady streams of cash flow, according to a r...
One Store refiles IPO application, changing peer group list
One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...
Pokémon stickers are back for nostalgic Koreans
SEOUL—Jeong Bo-ram’s new fascination has him chasing mass-produced pastries, delivery trucks—and his childhood memories.His targets ...
Korean refiners: Lubricating the future of electric vehicles
With the rise of electric vehicles globally, South Korea’s major oil refiners are jockeying to become leading suppliers of lubricants and cool...
Korean firms tapped to buy shoe parts supplier Texon
Southeast Asia-focused Navis Capital Partners is tapping South Korean companies and private equity firms to sell Texon, a Hong Kong-based footwear c...
Korea firms’ Shanghai plants to remain disrupted long on lockdown
South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
LS Group may raise stake in LS-Nikko Copper to 90%
South Korea's LS Group is considering buying an additional stake in LS-Nikko Copper Inc. to boost its stake in the world’s second-largest elec...
HYBE to develop game biz further to cut reliance on BTS
South Korea’s HYBE Co. plans to accelerate the development of its game business by separating the unit as the entertainment giant aims to cut ...
Hahn & Co. buys Korean food startup in bolt-on deal
Seoul-based private equity firm Hahn & Co. has acquired a South Korean meal kit provider for 75 billion won ($61 million), a deal expected to bo...
Korean game developers scurry to launch P2E versions in 2022
South Korean game developers are scurrying to release their versions of play-to-earn (P2E) games, which have been growing at a rapid pace despite be...
South Korean comics platforms dominate global top 10
Six manhwa platforms operated by South Korea’s tech juggernauts rank among the top 10 paid digital comics platforms worldwide. Manhwa is ...
China’s tighter grip on minerals boosts costs for Korean battery makers
South Korea’s major battery makers and materials suppliers are suffering from soaring battery raw materials prices as China is tightening its ...
Hanmi stands out with own drugs as Korean rivals sell imports
South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...
E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
Brokerages reap big gains as investor-cum-underwriters
South Korean brokerage companies have been criticized for inflating corporate value and IPO prices to boost their underwriting fees. Now they are un...
Naver Webtoon to release three DC comics series from May
Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...
FTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...
Morgan Stanley PE closes first Korean buyout in 8 yrs
Morgan Stanley Private Equity has acquired a South Korean dietary supplements maker Life & Bio Co., in its first Korean buyout deal in eight yea...
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
