Shopping app Ably raises another $55 mn

Shopping app Ably raises another $55 mn

South Korea-based Ably Co., operator of the fashion app Ably, announced on Jun. 2 that it has raised 62 billion won ($55.7 million) in a Series B ex...

Heated shopping platform M&As shake up fashion industry

Heated shopping platform M&As shake up fashion industry

South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...

Live commerce app Grip aims to take over the world via shopping

Live commerce app Grip aims to take over the world via shopping

There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via livest...

S.Korea, Japan ink first free trade deal via 15-country trade bloc

S.Korea, Japan ink first free trade deal via 15-country trade bloc

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

GS Retail, Home Shopping merge to become retail giant

GS Retail, Home Shopping merge to become retail giant

South Korean conglomerate GS Holdings has decided to merge two of its retail units — the country's No. 1 convenience store chain operator and a ...

Felt Coffee introduces minimalism to Korean coffee shops

Felt Coffee introduces minimalism to Korean coffee shops

Two years ago, a new coffee shop appeared in Gwanghwamun, one of the busiest office districts in Seoul, redirecting the daily traffic of businesspeo...

NPS creates three sr. manager positions to curtail CIO duties

The National Pension Service (NPS) has created three senior manager positions for strategy, risk management and back office just under chief investmen...

Blackstone to buy stake in Korea’s largest shopping mall

Blackstone to buy stake in Korea’s largest shopping mall

The Blackstone Group has agreed to buy a 31.85% stake in South Korea’s largest shopping mall from the US developer Taubman Centers Inc. which is selli...

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...

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