K-pop fan engagement platform DearU begins process for Nov IPO

K-pop fan engagement platform DearU begins process for Nov IPO

How much will you pay to chat with your favorite K-pop groups such as TWICE every day? A South Korean startup generated 20 billion won ($16.9 millio...

With Hyundai’s Genesis GV60, your face is the key to unlock the door

With Hyundai’s Genesis GV60, your face is the key to unlock the door

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

StockX enters Korea's resale market, poses threat to domestic platforms

StockX enters Korea's resale market, poses threat to domestic platforms

The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...

Digital stationery marketplace Webudding charms MZers

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Cosmetics startup Birdview readies for 2022 listing

Cosmetics startup Birdview readies for 2022 listing

South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

Korea content platform startup to buy Getty Images unit

Korea content platform startup to buy Getty Images unit

A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit...

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...

Netmarble acquires Canadian game studio for $165 mn

Netmarble acquires Canadian game studio for $165 mn

South Korea's Netmarble Corp. has acquired Canada's mobile game developer Ludia Inc. for $165 million, the latest in a series of its cross-border ac...

Streaming platform Mahocast eyes listing on Japan's Mothers market

Streaming platform Mahocast eyes listing on Japan's Mothers market

TOKYO -- Japan-based concert streaming platform Mahocast, dubbed as the Netflix for concerts in Japan, is gaining attention as a venue for both musi...

Naver’s market cap to top 100 trillion won, analysts say

Naver’s market cap to top 100 trillion won, analysts say

South Korea’s market analysts projected that Naver Corp.’s market cap will surpass 100 trillion won ($86 billion), driven by the rapid g...

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...

K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley

K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley

K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and could further raise i...

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...

3i's AI technology creates digital twins using smartphone photos

3i's AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...

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 ...

(HOLD) GS Group is shifting gears towards digital sectors

(HOLD) GS Group is shifting gears towards digital sectors

South Korea’s energy-to-construction conglomerate GS Group is investing big on fast-growing digital segments.According to the industry on Aug....

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...

Naver to create webtoons of DC Comics' series, HYBE artists

Naver to create webtoons of DC Comics' series, HYBE artists

Naver Webtoon Corp., the digital comics platform of South Korea's top online portal, is collaborating with BTS' agency HYBE Co. and DC Comics Inc. t...

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...

Korean fabless startups take center stage, attracts VCs

Korean fabless startups take center stage, attracts VCs

South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to their advanced technol...

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...

Korean pension funds log above-benchmark H1 returns

Korean pension funds log above-benchmark H1 returns

South Korea's major pension funds have posted robust investment returns above their benchmarks in the first half of this year, driven by double-digi...

SK Group expands foothold in Southeast Asia fintech sector

SK Group expands foothold in Southeast Asia fintech sector

South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...

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 ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale