SoftBank-backed

SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...

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-based artificial intelligence startup Riiid is looking to boost its presence in Japan following the acquisition of its Japan-based distr...

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...

South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...

Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....

KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...

South Korea’s first contactless laundry service startup Laundrygo has raised 50 billion won ($43 million) in a follow-on investment from inves...

Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...

Korean travel startup Yanolja’s Chief Investment Officer said that artificial intelligence (AI) was the keyword that played a decisive role in...

South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...

Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...

South Korea's largest travel platform Yanolja has raised 2 trillion won ($1.7 billion) from the Masayoshi Son-led SoftBank Vision Fund II, marking t...

SK Inc.’s real estate investment trust (REIT) affiliate plans to raise as much as 300 billion won ($266 million) via an initial public offerin...

South Korea's No. 2 fried chicken brand BHC Group has submitted a binding offer for the domestic operations of Outback Steakhouse, an Australian-the...

South Korea-based game publisher Krafton Inc.'s highly-anticipated initial public offering is raising concerns that it may be overvalued. The compan...

SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...

Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest travel platform Yan...

South Korea’s largest travel platform Yanolja is in negotiations with SoftBank Vision Fund for an investment up to 1 trillion won ($900 millio...

Artificial intelligence-based learning platform Riiid Inc. has raised $175 million from SoftBank Vision Fund 2, the South Korean company said on May...

South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...

SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...

Korea Superfreeze Co., 24.95% owned by Goldman Sachs PIA, will spend 2.5 trillion won ($2.2 billion) in building six cold storage facilities in Sout...

Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...

Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...

MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward with IPO preparations. ...

Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...

The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...

South Korean fintech startup Balance Hero has raised around $10 million in debt funding led by the India-based non-banking financial company (NBFC) ...