drug delivery platform
Scope
Date
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Automobiles
Genesis posts sales growth in US as other auto brands suffer
Hyundai Motor Co. said on Wednesday its premium Genesis brand saw its US car sales considerably grow in April when all other major carmakers reporte...
May 04, 2022 (Gmt+09:00)
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Earnings
Kakao CEO vows messenger app reform as Q1 misses forecasts
South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...
May 04, 2022 (Gmt+09:00)
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Banking & Finance
Shinhan to boost Vietnam digital services with Tiki
South Korea's Shinhan Financial Group has picked Vietnam’s e-commerce startup Tiki as its first strategic partner in the Southeast Asian count...
May 02, 2022 (Gmt+09:00)
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Venture capital
Koreans' fractional investing craze spreads to cows
Investment rights for dozens of Korean calves, worth a combined 10 million won ($7,900), sold out within one minute after each of the three investme...
Apr 28, 2022 (Gmt+09:00)
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Webtoons
Kakao to launch webtoon platform in Indonesia for SE Asia
Kakao Entertainment Co. will launch a webtoon platform in Indonesia, the most populous country in Southeast Asia, to expand the business in the regi...
Apr 27, 2022 (Gmt+09:00)
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Korean startups
SK Networks sees $80 mn valuation gain from Kurly
South Korea's grocery delivery app Kurly Inc. has generated a valuation gain of 100 billion won ($80 million) for SK Networks Co., or a triple-digit...
Apr 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hana Fin. boosts Vietnam presence with BIDV Securities stake
South Korea's Hana Financial Investment Co. has become the second-largest shareholder in Vietnam's BIDV Securities after buying a 35% stake in the V...
Apr 25, 2022 (Gmt+09:00)
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Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
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Korean startups
Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding
Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...
Apr 19, 2022 (Gmt+09:00)
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Automobiles
Kia chooses Coupang as first partner for purpose-built vehicle rollout
Kia Corp., South Korea’s second-largest automaker, has chosen Coupang Inc. as its first partner for the production of a purpose-built vehicle ...
Apr 15, 2022 (Gmt+09:00)
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Metaverse
SK Telecom steps up metaverse push with Morph Interactive purchase
SK Telecom Co., South Korea’s top mobile carrier, has made an equity investment in Morph Interactive Co., a local three-dimensional graphics c...
Apr 14, 2022 (Gmt+09:00)
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Bio & Pharma
HK inno.N receives sales permit for ulcer treatment in China
HK inno.N is expediting its global expansion with its latest drug K-Cab designed to treat peptic ulcers.The South Korean pharmaceutical company an...
Apr 13, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Musinsa seeks to buy Japan-focused rival fashion platform
South Korea's top online fashion platform Musinsa is in the last stages of talks to acquire a domestic rival that caters primarily to Japanese shopp...
Apr 13, 2022 (Gmt+09:00)
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Retail
Lotte to end dawn delivery service where Coupang, Kurly lead
South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...
Apr 13, 2022 (Gmt+09:00)
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Automobiles
Shinhan Card makes strategic investment in car sales platform
South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...
Apr 13, 2022 (Gmt+09:00)
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Webtoons
South Korean comics platforms dominate global top 10
Six manhwa platforms operated by South Korea’s tech juggernauts rank among the top 10 paid digital comics platforms worldwide. Manhwa is ...
Apr 12, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor unveils new EV charging platform to take on Tesla
Hyundai Motor Co. on Monday unveiled a new electric vehicle charging service platform as the top South Korean automaker takes on global rival Tesla ...
Apr 11, 2022 (Gmt+09:00)
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Bio & Pharma
Hanmi stands out with own drugs as Korean rivals sell imports
South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...
Apr 11, 2022 (Gmt+09:00)
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Webtoons
Naver Webtoon to release three DC comics series from May
Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...
Apr 08, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Slack gains more than 1,000 clients in S.Korea in just two years
The seven hottest tech companies and startups in South Korea earned a new nickname, a word combining their first syllables. What they also have in c...
Apr 06, 2022 (Gmt+09:00)
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Webtoons
Korea’s top adult webtoon platform targets global market
Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...
Apr 04, 2022 (Gmt+09:00)
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Bio & Pharma
SK Bioscience seeks multi-billion-dollar M&As, eyes gene therapy sector
SK Bioscience Co., the biopharmaceutical unit of South Korea’s SK Group, is seeking multi-billion-dollar mergers and acquisitions to expand it...
Mar 31, 2022 (Gmt+09:00)
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Korean startups
One in five S.Koreans use AI-powered tax filing platform 3.3
Jobis & Villains, the operator of artificial intelligence-powered accounting platform 3.3, is resolute about its mission to help gig economy wor...
Mar 29, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver subsidiary splurges on metaverse, resell platform acquisitions
Snow Corp., a subsidiary of South Korea’s tech behemoth Naver Corp., has either already invested, or is slated to invest, in 11 companies so f...
Mar 29, 2022 (Gmt+09:00)
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Mobile networks
Dell, SK team up for 5G mobile edge computing market
South Korea's top mobile carrier SK Telecom Co. (SKT) has joined hands with Dell Technologies Inc. to launch a 5G mobile edge computing (MEC) platfo...
Mar 29, 2022 (Gmt+09:00)
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Corporate strategy
SK Chemicals to invest $1.6 bn in green, biopharmaceutical sectors
South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...
Mar 28, 2022 (Gmt+09:00)
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IPOs
Kurly applies for Korea IPO to raise about $800 mn
South Korea's Kurly Inc. on Monday applied for a preliminary review of its initial public offering, the Korea Exchange said, as the operator of groc...
Mar 28, 2022 (Gmt+09:00)
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Korean startups
Art investment platform operator Yeolmae Co. raises $14 mn in Series B
South Korean startup Yeolmae Company announced Monday it received 17 billion won ($14 million) worth of funds through its Series B round. With the l...
Mar 28, 2022 (Gmt+09:00)
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Content platforms
Korea's major fashion firms rush to embrace content marketing
Major South Korean fashion companies are speeding up their investment in content startups. F&F Holdings, the distributor of the US outdoor brand...
Mar 25, 2022 (Gmt+09:00)
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Cryptocurrencies
SK tipped to be Korea's 1st group to issue digital coins
SK Square Co., the investment arm of SK Group, is working on issuing its own digital currency within the year, according to people with knowledge of...
Mar 23, 2022 (Gmt+09:00)
language
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