digital construction management platform
Scope
Date
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Advertising & Marketing
Cosmetics brands shift to video influencers from celebrities
As influencers on YouTube and social media platforms are becoming central to the marketing efforts of companies, South Korean cosmetics brands...
Dec 03, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao extends rivalry with Naver into digital healthcare
Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...
Dec 03, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Kakao buys startup Grip, fueling e-commerce push
South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...
Dec 02, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor Korea unit to manage Asia-Pacific markets
Hyundai Motor Co. is gearing up to manage the Asia-Pacific markets, excluding China and India, from its home office. South Korea's top carmaker aims...
Dec 01, 2021 (Gmt+09:00)
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Private equity
Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment
Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilton Lane Advisors LLC ...
Dec 01, 2021 (Gmt+09:00)
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Metaverse
Softbank joins $190 mn fundraising by Naver metaverse platform
Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...
Dec 01, 2021 (Gmt+09:00)
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Alternative investments
Polar Asset joins NPS' hedge fund managers in Q3
National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedge fund managers in t...
Dec 01, 2021 (Gmt+09:00)
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Blockchain
MediBloc aims to promote safe exchange of medical data using blockchain
As the adoption of artificial intelligence becomes more prevalent, the value of data also increases rapidly. The quality and quantity of data...
Dec 01, 2021 (Gmt+09:00)
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Alternative investments
NPS adds Warburg Pincus as real estate asset manager in Q3
The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estate investment manager...
Dec 01, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to adopt flatter hierarchy to lure young talent
Samsung Electronics Co. on Monday announced a set of drastic steps to reduce bureaucracy and hierarchical management at the world's top memory chip ...
Nov 29, 2021 (Gmt+09:00)
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Korean startups
Gaming platform Planetarium attracts $42 mn, valued at $293 mn
South Korea’s non-fungible token (NFT)-based open source gaming platform Planetarium, under Nine Corp. Inc., is slated to attract around 50 ...
Nov 28, 2021 (Gmt+09:00)
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Pension funds
Korea Post to select GPs for €200 mn real estate fund
Korea Post, South Korea's state-run postal service agency, said its savings arm will select two asset managers of an open-end commingled blind poo...
Nov 28, 2021 (Gmt+09:00)
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Leadership & Management
Koo Ja-eun takes helm of Korea’s cable, machinery conglomerate LS Group
Koo Ja-eun, chairman of South Korea’s LS Mtron Co., a machinery and components maker, will lead the country’s 14th-largest conglomerate ...
Nov 26, 2021 (Gmt+09:00)
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E-commerce
KoreaCenter acquires Danawa, paving way for MBK’s bolt-on deal
KoreaCenter Co. has been named the new owner of Danawa Co., one of South Korea’s first-generation e-commerce platforms – a move that is ...
Nov 26, 2021 (Gmt+09:00)
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Korean startups
Proptech platform Olim Planet eyes 2022 Kosdaq IPO
Olim Planet, a South Korean property technology startup, has begun the process to go public on the junior Kosdaq market as early as the second half ...
Nov 26, 2021 (Gmt+09:00)
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Executive reshuffles
KakaoPay chief tapped as co-CEO in Kakao management shakeup
Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...
Nov 26, 2021 (Gmt+09:00)
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Carbon neutrality
Hyundai E&C teams up with US Holtec on SMR business
South Korea’s builder Hyundai Engineering & Construction Co. (Hyundai E&C). is set to join the small modular reactor (SMR) business in...
Nov 25, 2021 (Gmt+09:00)
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Pension funds
KIC sees 11 alternative investment managers resign by November
Korea Investment Corporation (KIC) saw as many as 10 professionals of its alternative investment division resign from the South Korean sovereign wea...
Nov 25, 2021 (Gmt+09:00)
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Real estate
IGIS beats Blackstone, Brookfield in Asian real estate AUM
IGIS Asset Management Co., South Korea’s largest real estate asset manager, was ranked as the world’s second-largest asset management ...
Nov 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s Toss operator invests $5 mn in US startup fintech platform Republic
Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 million in Republic, a ...
Nov 24, 2021 (Gmt+09:00)
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Pension funds
NPS rewards investment managers with hefty bonuses
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund with 930 trillion won ($781.8 billion) in total a...
Nov 24, 2021 (Gmt+09:00)
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Samsung, Korea Post create $336 mn overseas alternative investment fund
South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...
Nov 23, 2021 (Gmt+09:00)
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Korean startups
Music copyright trading platform Musicow revitalizes Korea’s startup scene
“Music becomes Cashcow” is the slogan for Korea’s hottest startup of the year, Musicow, Inc., and cash cow it has been. Indus...
Nov 22, 2021 (Gmt+09:00)
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Korean startups
Resale platform Bunjang to raise funds at over $300 mn valuation
South Korea's leading resale platform Bungaejangter Inc., also known as Bunjang, will raise 83 billion won ($70 million) in fresh funding at a valua...
Nov 22, 2021 (Gmt+09:00)
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Batteries
Korea’s SKC to build $761 mn copper foil plant in Poland
South Korea’s SKC Co. decided to build a copper foil factory for $761 million in Poland, its first European plant to produce the core electric...
Nov 18, 2021 (Gmt+09:00)
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Venture capital
Fractional investing platforms for art to Rolex lure VCs
The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...
Nov 17, 2021 (Gmt+09:00)
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Alternative investments
EQT doubles down on sustainability and digitalization to fuel returns
With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...
Nov 17, 2021 (Gmt+09:00)
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Biotech
Celltrion looks beyond biosimilars to develop its own mRNA drugs
South Korea’s Celltrion Inc. has long been a biosimilar player, producing replicas of original drugs, a growing market in the pandemic era.Ear...
Nov 16, 2021 (Gmt+09:00)
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Business & Politics
Samsung heir Lee on US trip for foundry investment, COVID vaccines
Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...
Nov 14, 2021 (Gmt+09:00)
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Private equity
AIIB commits $60 mn to STIC Asia Infra Innovation Fund
The Asian Infrastructure Investment Bank (AIIB) has committed $60 million to the STIC Asia Infrastructure Innovation Fund managed by South Korea&r...
Nov 12, 2021 (Gmt+09:00)