F&B giant SPC Group acquires Lina’s to ramp up global expansion

F&B giant SPC Group acquires Lina’s to ramp up global expansion

South Korea’s food and beverage conglomerate SPC Group announced Tuesday it has acquired French casual coffee chain Lina’s Déve...

Korean firms increase share in domestic office market

Korean firms increase share in domestic office market

The International Finance Center in Seoul (IFC Seoul) drew interest from only six bidders at the end of last year, and Singapore-based ARA Korea was...

Costco enters dawn delivery service market in S.Korea

Costco enters dawn delivery service market in S.Korea

Costco Wholesale Corp, a big-box retail giant, has begun dawn delivery services in South Korea as e-commerce is becoming the norm in the nation's gr...

Hana Financial scores big with Son Heung-min sports marketing

Hana Financial scores big with Son Heung-min sports marketing

South Korea’s national soccer team, led by captain Son Heung-min, lost to Brazil 1-5 in a pre-World Cup friendly on Thursday, much to 65,000 K...

[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global

[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global

 Infrastructure is stronger than ever amid the current macroeconomic risks, and investors will see greater opportunities in the ...

SKC to sell plastic film business to Hahn & Co. for $1.3 billion

SKC to sell plastic film business to Hahn & Co. for $1.3 billion

SKC Ltd., the chemical materials unit of South Korea’s SK Group, is selling its plastic film business to private equity firm Hahn & Co. fo...

Startups serving specific markets thrive: SaaS, fantech, veganism 

Startups serving specific markets thrive: SaaS, fantech, veganism 

Vertical service providers are dominating South Korea’s venture business ecosystem, in a study of the country’s early stage startups by ...

Why batteries were left out of Samsung's huge investment plan

Why batteries were left out of Samsung's huge investment plan

Citigroup Global Markets on Monday slashed its target price for Samsung SDI Co., one of South Korea's top three battery makers, by almost half and d...

Hyundai, Kia speed up expansion in European EV market

Hyundai, Kia speed up expansion in European EV market

Hyundai Motor Co. and Kia Corp., South Korea’s top two automakers, are expanding their presence in Europe, the world’s second-largest el...

Bull market rhymes

Bull market rhymes

Bull market rhymes While I employ a great many adages and quotes in my writings, my main go-to list consists of a relatively small number. One ...

Market Kurly's sales surge 49% on-year in Q1

Market Kurly's sales surge 49% on-year in Q1

South Korea’s Kurly Inc., the operator of grocery delivery platform Market Kurly, achieved 641.7 billion won ($511.6 million) in gross merch...

Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...

KT Cloud targets $792 million with new stock issuance

KT Cloud targets $792 million with new stock issuance

KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...

Samsung further expands global TV market share in Q1

Samsung further expands global TV market share in Q1

Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...

Alternative investment market at inflection point, says Suhyup CIO

Alternative investment market at inflection point, says Suhyup CIO

Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....

Humbling experience leads to VC success ⁠– LG Tech Ventures CEO

Humbling experience leads to VC success ⁠– LG Tech Ventures CEO

Kim Dong-su, CEO of Silicon Valley-based LG Technology Ventures said that the failures he experienced while working at a boutique investment firm ha...

Hanwha Systems joins hands with Italy's Leonardo for radar exports

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Winia Electronics sharpens marketing efforts in Mexico

Winia Electronics sharpens marketing efforts in Mexico

Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...

POBA targets upper-middle market in North America for PD investment

POBA targets upper-middle market in North America for PD investment

Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...

Former NPS real estate chief named Allianz RE's Asia head

Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...

HR startups outwit job posting sites for IT workers

HR startups outwit job posting sites for IT workers

The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...

KT maintains throne in Korea pay TV market in H2 2021

KT maintains throne in Korea pay TV market in H2 2021

KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...

LG Uplus eyes metaverse niches for office workers, kids

LG Uplus eyes metaverse niches for office workers, kids

South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its metaverse platforms, set...

MBK puts home decor firm Modern House on market

MBK puts home decor firm Modern House on market

MBK Partners has added South Korea's top home decor company Modern House to the list of assets it plans to exit this year, as domestic retail giants...

LG Energy, SK On to add prismatic types to EV cell lineups

LG Energy, SK On to add prismatic types to EV cell lineups

LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their l...

Volkswagen partner SoluM eyes top spot in global ESL market

Volkswagen partner SoluM eyes top spot in global ESL market

SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...

LG Energy completes LFP battery development for Tesla

LG Energy completes LFP battery development for Tesla

South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...

HBO, Paramount to enter Korea via local OTT players

HBO, Paramount to enter Korea via local OTT players

Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...

Celltrion to sell biosimilar products via its own channel in Europe

Celltrion to sell biosimilar products via its own channel in Europe

South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...

Korean app market One Store to venture into SE Asia

Korean app market One Store to venture into SE Asia

One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...

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