Naver Financial

Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...

South Korea is slated to see a trade deficit for a second straight month in January for the first time since the 2008-09 global financial crisis on ...

South Korea’s internet juggernaut NAVER Corp. is gearing up to enter the NFT business – through its affiliate LINE Corp.LINE NEXT, a ven...

Mirae Asset Financial Group, South Korea’s capital market giant, is set to enter the digital asset business, starting with a digital asset cus...

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

GS announced the establishment of a corporate venture capital (CVC) firm Sunday, the first of its kind for a holding company in Korea. The announcem...

NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is set to acquire the management rights of d...

The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...

Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...

Krafton Inc., one of South Korea’s major game developers, is entering the metaverse space by investing 5 billion won ($4.2 million) in Zepeto,...

Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...

Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...

Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...

Naver Corp. has chosen Choi Soo-yeon, 40, to lead the top online platform in South Korea, in the 22-year-old company's most dramatic top management ...

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

South Korea’s top online platform operator Naver Corp. and brokerage giant Mirae Asset Securities Co. are aggressively investing in promi...

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

South Korea's top online portal Naver Corp. launched its e-commerce platform dedicated to Japan last month, taking its first step toward a global on...

South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...

Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion...

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

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...