Interpark draws cool response from Korean online giants

Interpark draws cool response from Korean online giants

South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nav...

Naver poised for battle over sneaker resale market

Naver poised for battle over sneaker resale market

South Korea’s platform giant Naver Corp. is on the move to claim the throne in the sneaker resale market, up against other fashion platforms s...

SK gas stations to become CJ Logistics micro-fulfillment centers

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...

Amazon teams up with SK’s 11Street to offer Global Store for Koreans

Amazon teams up with SK’s 11Street to offer Global Store for Koreans

SK Telecom Co.’s e-commerce platform 11Street Co. has teamed up with Amazon, the world’s largest online shopping mall, to offer the US c...

Com2uS acquires metaverse platform to grow as digital content provider

Com2uS acquires metaverse platform to grow as digital content provider

South Korea-based Com2uS Corp., the creator of the popular game Summoners War, is ramping up its efforts to transition into a global content platfor...

KT makes partial exit from travel platform Yanolja

KT makes partial exit from travel platform Yanolja

South Korea’s telecom giant KT Corp. has made a partial exit from the country’s largest travel platform Yanolja, which is eyeing a US IP...

Kakao Mobility takes first step toward 2022 IPO

Kakao Mobility takes first step toward 2022 IPO

Kakao Mobility Corp., South Korea's most popular taxi-hailing app, has taken its first step toward a stock market debut, which is expected to value ...

SK E&S gears up for more US renewable energy investment'

SK E&S gears up for more US renewable energy investment'

SK E&S Co, South Korea’s top city gas supplier, is preparing for additional investment in the US renewable energy sector. The move is to e...

Hyundai Motor previews Genesis GV60, its first electric luxury CUV

Hyundai Motor previews Genesis GV60, its first electric luxury CUV

Hyundai Motor Co. on Thursday unveiled the design of the GV60, the luxury Genesis brand’s first electric vehicle that sits on the E-GMP, the...

Shinsegae’s omnichannel strategy drives up share prices of key affiliates

Shinsegae’s omnichannel strategy drives up share prices of key affiliates

South Korean retail conglomerate Shinsegae Group’s key affiliates are enjoying upward revaluation of share prices. Not only the market is faci...

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...

Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO

Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO

SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with its valuation estimat...

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...

Hanwha Systems invests $300 million in UK satellite firm OneWeb

Hanwha Systems invests $300 million in UK satellite firm OneWeb

Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...

S.Korean telcos accelerate diversification amid strong Q2

S.Korean telcos accelerate diversification amid strong Q2

South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank falls out of Kospi top 10 on 3rd trading day

KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...

Lotte Rental invests over $20 mn in autonomous driving startup ahead of IPO

Lotte Rental invests over $20 mn in autonomous driving startup ahead of IPO

South Korea's largest car rental and auto leasing company Lotte Rental Co. is set to invest 25 billion won ($21.8 million) in a domestic autonomous ...

Naver to acquire 20% of Cafe24 to strengthen e-commerce presence

Naver to acquire 20% of Cafe24 to strengthen e-commerce presence

Naver Corp., South Korea’s top online portal, is set to acquire 20% of Cafe24, a Seoul-based global e-commerce solutions provider, to expand i...

KakaoBank becomes Korea's most valuable lender

KakaoBank becomes Korea's most valuable lender

KakaoBank Corp. became South Korea’s first listed internet-only bank and the country's most valuable lender upon its trading debut on Aug. 6...

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR, IMM PE in bid for SK E&S' $2 bn preferred shares

KKR & Co., IMM Private Equity and Glenwood Private Equity are among the preliminary bidders for 2 trillion won ($1.9 billion) worth of new prefe...

Seoul to create K-beauty road as part of interactive tourism

Seoul to create K-beauty road as part of interactive tourism

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

China's top travel agency to join bid for Korea's online retail platform

China's top travel agency to join bid for Korea's online retail platform

China’s leading online travel agency (OTA) Trip.com will be joining the race to acquire South Korea’s online retail platform Interpark C...

Investors revalue E-Mart after owning two-thirds of Starbucks Korea

Investors revalue E-Mart after owning two-thirds of Starbucks Korea

Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...

Metaverse platform Maxst makes strong debut on Kosdaq

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 ...

GS Group invests $26 mn in Kakao Mobility

GS Group invests $26 mn in Kakao Mobility

South Korea’s GS Group has invested 30 billion won ($26 million) in Kakao Mobility Corp. to fast forward its energy unit’s transition to...

E-commerce platform TMON delays IPO plans

E-commerce platform TMON delays IPO plans

South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will postpone its plans for initial p...

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...

Hankook Tire to equip Volkswagen ID.4 with EV tires

Hankook Tire to equip Volkswagen ID.4 with EV tires

South Korea’s top tire manufacturer Hankook Tire & Technology has again widened its client pool of electric vehicles (EVs). The company sa...

IMB Dx eyes platform to detect stage 1 cancer with single draw of blood

IMB Dx eyes platform to detect stage 1 cancer with single draw of blood

IMB Dx Inc., a South Korean biotechnology startup focusing on diagnostic devices, plans to develop a platform that can detect early-stage cancer wit...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation