Kyobo Book Center
Scope
Date
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Entertainment
Naver bets on SoftBank's e-book company to reclaim lead in Japan
South Korea’s major portal operator Naver Corp. is looking to firm up its partnership with SoftBank Group Corp. and increase its presence in J...
Oct 05, 2021 (Gmt+09:00)
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Robotics
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
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Private equity
Affinity, GIC speed up exit efforts on Kyobo Life
Singapore's GIC, Affinity Equity Partners, Baring Private Equity and IMM Private Equity have taken the next step toward their long-delayed exit from...
Sep 10, 2021 (Gmt+09:00)
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Private equity
GIC, PEFs face further delays to Kyobo exit after ruling
Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...
Sep 07, 2021 (Gmt+09:00)
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Logistics
SK gas stations to become CJ Logistics micro-fulfillment centers
South Korea’s leading logistics company CJ Logistics Corp. teamed up with SK Energy to aim the domestic quick commerce market, utilizing gas s...
Aug 27, 2021 (Gmt+09:00)
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Earnings
Coupang’s revenue grows by more than 50% for 15 consecutive quarters
The US-listed e-commerce giant Coupang Inc. has posted its highest-ever quarterly revenue. The company reported on Aug. 12 that its second-quarter r...
Aug 12, 2021 (Gmt+09:00)
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Korean fabless startups take center stage, attracts VCs
South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to their advanced technol...
Aug 12, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
Aug 09, 2021 (Gmt+09:00)
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Korean startups
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
Jul 27, 2021 (Gmt+09:00)
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ESG
LG Elec to shift to 100% renewable energy by 2050
LG Electronics Inc. on Sunday unveiled a plan to make a complete transition into renewable energy for its operations both at home and abroad by 2050...
Jul 18, 2021 (Gmt+09:00)
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Robotics
Koh Young’s medical robot KYMERO expands foothold in Korean hospitals
Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...
Jul 07, 2021 (Gmt+09:00)
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Smart logistics
LG CNS to launch Korea’s first drive-through micro-fulfillment center
Micro-fulfillment is on everyone’s lips these days, or so it seems, as retailers compete to drastically slash delivery times for online orders...
Jul 05, 2021 (Gmt+09:00)
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COVID-19
Eyegene to kick off Korea’s first mRNA clinical trial
Eyegene Inc. will be South Korea’s first vaccine maker to conduct clinical tests of messenger ribonucleic acid (mRNA) COVID-19 vaccines. Ealie...
Jul 01, 2021 (Gmt+09:00)
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Pre-IPOs
Korea’s leading e-book startups eye IPO in 2022
South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...
Jun 25, 2021 (Gmt+09:00)
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Korean startups
Delivery service provider Barogo wraps up $72 mn Series C round
Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...
Jun 10, 2021 (Gmt+09:00)
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Rights offerings
Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...
Jun 07, 2021 (Gmt+09:00)
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E-commerce
Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...
Jun 07, 2021 (Gmt+09:00)
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Artificial intelligence
Shinhan REITs poised to buy Amazon logistics center
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...
Jun 04, 2021 (Gmt+09:00)
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Alternative investments
Hana buys Osaka logistics center for about $140 mn
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 ¥...
May 28, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha, KAIST to co-launch space research center
Hanwha Group will launch space technology research and commercial projects together with South Korea’s top science and engineering university,...
May 17, 2021 (Gmt+09:00)
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Korean startups
S.Korean e-book operator eyes unicorn status via successful foray into US
E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea...
Mar 17, 2021 (Gmt+09:00)
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MICE business
COEX to run Vietnam’s No.2 convention center as MICE industry takes off
The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...
Mar 09, 2021 (Gmt+09:00)
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IT & Tech
Samsung creates big data center under direct CEO control
Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...
Feb 18, 2021 (Gmt+09:00)
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Artificial intelligence
JR AMC tipped to buy Amazon logistics center in Ohio
South Korea’s JR AMC Co. has been named the preferred buyer of Amazon’s last-mile logistics center in central Ohio, for which the Seoul-...
Feb 02, 2021 (Gmt+09:00)
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IPOs
US data centers-backed REIT seeks $90 mn Korean IPO in 2021
A South Korean real estate investment trust (REIT), backed by data centers in North America, is preparing an initial public offering worth 100 billi...
Jan 28, 2021 (Gmt+09:00)
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Logistics
Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City
South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...
Jan 14, 2021 (Gmt+09:00)
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Alternative investments
Korean investors buy Dutch logistics center using drones and smartphones
South Korea’s Kiwoom Securities Co. has acquired a new logistics center in the Netherlands for 180 billion won ($165 million) this year, relyi...
Dec 13, 2020 (Gmt+09:00)
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Interview
Kyobo Life looks to invest in ESG bonds; calls for easing rules
South Korea’s Kyobo Life Insurance Co. is planning to invest several hundreds of millions of dollars in environmental, social and governance (ES...
Nov 15, 2020 (Gmt+09:00)
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AXA General sale off to shaky start with Kyobo Life as sole bidder
The sale process of AXA General Insurance Co. got off to a shaky start with only Kyobo Life Insurance Co. making a preliminary bid on Sept. 18. S...
Sep 18, 2020 (Gmt+09:00)
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Logistics
Teachers' savings fund to invest $85 mn in Amazon logistics center in US
The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...
Sep 14, 2020 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet