Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce

Shinsegae, Naver ink $221 mn share swap to rival Coupang in e-commerce

South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...

Market Kurly faces bumpy road to 2021 US listing

Market Kurly faces bumpy road to 2021 US listing

South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

LG Energy to invest over $4.5 bn to expand US battery facilities

LG Energy to invest over $4.5 bn to expand US battery facilities

LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, ...

SK Hynix's Intel NAND chip deal wins US regulatory approval

SK Hynix's Intel NAND chip deal wins US regulatory approval

The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under review by...

Coupang rival Market Kurly also eyes US IPO in 2021

Coupang rival Market Kurly also eyes US IPO in 2021

Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...

Coupang soars 41% on US trading debut

Coupang soars 41% on US trading debut

South Korea's Coupang Corp. made its trading debut in New York on Thursday, with shares rocketing 41% from their $35 opening price to close at $49.2...

LG Energy may build US, Europe plants to supply new batteries to Tesla

LG Energy may build US, Europe plants to supply new batteries to Tesla

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

Naver, E-Mart in share swap talks ahead of Coupang's US IPO

Naver, E-Mart in share swap talks ahead of Coupang's US IPO

South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...

LG Electronics eyes growth potential in US auto parts market

LG Electronics eyes growth potential in US auto parts market

LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...

SK Innovation divests of stakes in US shale oil fields

SK Innovation divests of stakes in US shale oil fields

SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...

US' ITC says 10-year import ban on SK not excessive

US' ITC says 10-year import ban on SK not excessive

The US International Trade Commission (ITC) has stated that the 10-year exclusion order prohibiting SK Innovation Co. from importing battery product...

US politicians urge review of ITC ruling over LG, SK battery dispute

US politicians urge review of ITC ruling over LG, SK battery dispute

The trade secret dispute between LG Energy Solution Ltd. and SK Innovation Co. is taking a new turn as US state politicians raise their voices again...

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

Coupang set to raise $3.6 bn via US listing; eyes throne as platform giant

South Korea's e-commerce giant Coupang Corp. is looking to raise up to $3.6 billion via its initial public offering on the New York Stock Exchange -...

Travel platform Yanolja’s enterprise value seen at $11 bn if listed on Nasdaq

Travel platform Yanolja’s enterprise value seen at $11 bn if listed on Nasdaq

South Korea’s largest travel platform Yanolja’s enterprise value could rise to at least $11 billion if the stock is listed on the Nasdaq...

Top travel platform Yanolja eyes Q2 IPO review, listing by year-end

Top travel platform Yanolja eyes Q2 IPO review, listing by year-end

South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarte...

Jeju Beer gets the nod for H1 Kosdaq listing

Jeju Beer gets the nod for H1 Kosdaq listing

South Korea’s leading craft beer maker Jeju Beer Co. is set to go public in the first half of this year, following the Korea Exchange's approv...

US hedge fund Whitebox Advisors says to vote against LG’s planned spin-off

US hedge fund Whitebox Advisors says to vote against LG’s planned spin-off

US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meetin...

Hyundai Motor hires US aerospace expert as UAM business CTO

Hyundai Motor hires US aerospace expert as UAM business CTO

Hyundai Motor Co. has hired a US aerospace expert as the chief technology officer of its urban air mobility (UAM) business as part of the automotive...

Kakao's edtech startup eyes 2022 listing

Kakao's edtech startup eyes 2022 listing

South Korea-based edtech startup Yanadoo is the latest affiliate of Kakao Corp., the country's largest messaging app operator, to prepare for an ini...

Netmarble buys majority stake in US game maker Kung Fu Factory

Netmarble buys majority stake in US game maker Kung Fu Factory

Netmarble Corp., a South Korean mobile game developer, has acquired a majority stake in Kung Fu Factory, a US independent game company, for an undis...

Former Korean Wall Street sheriff joins US PEF board

Former Korean Wall Street sheriff joins US PEF board

New York-based EMP Belstar, of which about half of the top managers are of Korean origin, has recently hired as a non-executive director a former se...

S.Korean govt pushes dual-class share structure amid Coupang US listing

S.Korean govt pushes dual-class share structure amid Coupang US listing

South Korea's ruling Democratic Party is set to pass a bill that will allow a dual-class share structure for unlisted companies next month amid grow...

Korean PE firm to reap hefty returns from US bio investment

Korean PE firm to reap hefty returns from US bio investment

Medivate Partners, South Korea’s life science-focused private equity firm, is set to secure more than 2.5 times its investment of around 60 bi...

Coupang likely to get $1 bn credit line from IPO managers

Coupang likely to get $1 bn credit line from IPO managers

South Korea’s online retailer Coupang Corp. is looking to secure a credit line of up to $1 billion from the underwriters of its US initial pub...

Naver Webtoon targets US listing by year-end

Naver Webtoon targets US listing by year-end

Naver Webtoon Ltd. has begun preparations to make its trading debut in the US by year-end, according to the investment banking industry on Feb. 17.S...

Coupang applies for IPO on New York Stock Exchange

Coupang applies for IPO on New York Stock Exchange

Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...

Korean investors face $270 mn loss on Las Vegas hotel loans

Korean investors face $270 mn loss on Las Vegas hotel loans

South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...

SK Bioscience aims for March listing; enterprise value may reach $4.5 bn

SK Bioscience aims for March listing; enterprise value may reach $4.5 bn

South Korea-based SK Bioscience Co. is planning its trading debut next month on the country's main bourse, Kospi. The company's enterprise value is ...

Hana Alternative acquires US office building for $201 mn

Hana Alternative acquires US office building for $201 mn

South Korea’s Hana Alternative Assets Management Co. has acquired an office building in Charlotte, North Carolina, for $201 million. Wells Far...

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