LG display cloud platform
Scope
Date
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Entertainment
K-pop fan engagement platform DearU eyes H2 listing
South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debut on the country&rsq...
Jun 14, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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Korean startups
FastFive secures near $30 mn; pushes to become office solutions provider
South Korea's co-working space provider FastFive Co. announced on June 11 that it has raised 30 billion won ($27 million) from seven investors, brin...
Jun 11, 2021 (Gmt+09:00)
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Branding
LG unveils fresh-faced logo designs to firm up brand storytelling
South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...
Jun 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanon sale takes shape; Valeo, Mahle, LG among potential bidders
The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...
Jun 10, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution applies for IPO seen to raise over $9 bn
LG Energy Solution Ltd. has begun the official process of South Korea’s largest-ever initial public offering that is expected to raise over 10...
Jun 08, 2021 (Gmt+09:00)
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Batteries
LG Energy, POSCO invest $15 mn in Aussie battery material supplier
South Korea’s LG Energy Solution Ltd. and POSCO have agreed to invest a combined 17 billion won ($15 million) in Australia's Queensland Pacifi...
Jun 08, 2021 (Gmt+09:00)
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Electronics
LG Innotek eyes record profit, revenue on strong camera module sales
LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and sales this year as i...
Jun 07, 2021 (Gmt+09:00)
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E-commerce
Naver to challenge Amazon with launch of Smart Store platform in Spain
South Korea’s top online portal operator Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants in...
Jun 06, 2021 (Gmt+09:00)
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Fintech
KDB bets big on fintech platform Toss ahead of 2023 IPO
The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...
Jun 04, 2021 (Gmt+09:00)
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Media
Naver to gain toehold in OTT market via CJ ENM
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...
Jun 02, 2021 (Gmt+09:00)
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Business & Politics
LG Electronics expands overseas appliance plants as it exits phone business
LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...
Jun 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry
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...
Jun 01, 2021 (Gmt+09:00)
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Korean startups
Luxury goods platform MUST'IT raises over $10 mn from VC firms
South Korea-based luxury goods platform MUST'IT has secured 13 billion won ($11.7 million) in a bridge round from venture capital firms Kakao Invest...
May 31, 2021 (Gmt+09:00)
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Korean startups
K-pop content platforms team up to take lead in community market
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...
May 31, 2021 (Gmt+09:00)
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Deals
Naver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platform Munpia Inc. in a ...
May 28, 2021 (Gmt+09:00)
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Electronics
Samsung Display to expand small OLED line with $2.7 bn investment
Samsung Display Co., South Korea’s largest display maker, plans to spend as much as 3 trillion won ($2.7 billion) to build a new organic light...
May 28, 2021 (Gmt+09:00)
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Korean stock market
LG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...
May 26, 2021 (Gmt+09:00)
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Korean startups
Cloud firms rush to secure footing in pet data market
The pet care market is set to ride a "cloud wave" as companies make use of pet data on cloud storage spaces to tap into the growing pet care market,...
May 25, 2021 (Gmt+09:00)
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Electronics
LG Electronics enjoys OLED TV boom with record Q1 shipments
South Korea’s LG Electronics Inc. is enjoying the growing popularity of organic light-emitting diode (OLED) TVs, posting a record shipment in ...
May 25, 2021 (Gmt+09:00)
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Korean startups
Fintech platform Toss seeks $180 mn in fresh funding
South Korean fintech startup Toss is seeking to raise 200 billion won ($177 million) in fresh funding, which would almost treble its valuation to 8 ...
May 21, 2021 (Gmt+09:00)
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Korean startups
Fashion platform Ably looks to raise over $20 mn
South Korea-based Ably Corporation, the operator of fashion platform Ably, is seeking to raise around 40 billion won ($35.3 million), attracting a p...
May 20, 2021 (Gmt+09:00)
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Water technology
LG Chem's water filter business thrives amid high demand in Middle East
LG Chem Ltd., the parent company of South Korea’s leading battery maker LG Energy Solution Co., is enjoying a strong rise in demand for its wa...
May 20, 2021 (Gmt+09:00)
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Artificial intelligence
LG Group to invest $106 mn in advanced AI tech development
South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive high-performance compu...
May 17, 2021 (Gmt+09:00)
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ASK 2021
POBA CIO says to expand SMAs, co-investment platforms
South Korea's Public Officials Benefit Association (POBA) has earmarked over 1 trillion won ($900 million) for new real estate investments overseas ...
May 14, 2021 (Gmt+09:00)
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ESG investment
LG Chem to invest $134 mn in incubator fund for firms with ESG tech
LG Chem Ltd., South Korea’s leading chemical and battery maker, said on Tuesday it is investing 150 billion won ($134 million) in an incubator...
May 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Heated shopping platform M&As shake up fashion industry
South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...
May 10, 2021 (Gmt+09:00)
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Electronics
Samsung, LG go all out to lure adult gamers to LED TVs
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are striving to attract gamers to their large-size LED T...
May 10, 2021 (Gmt+09:00)
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Steel
Color coated steel shines in style on Samsung, LG home appliances
At Dongkuk Steel Mill Co.’s main plant in Busan, some 430 km southeast of Seoul, huge rollers churning out colorful sheets never stop except w...
May 09, 2021 (Gmt+09:00)
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Korean startups
Freelancer market platform Kmong raises near $28mn in Series C round
South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...
May 04, 2021 (Gmt+09:00)
Latest News
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- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul