Kurly’s earnings rebound may put IPO back on track
Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...
LG to unveil integrated self-driving, infotainment platform
LG Electronics Inc. and Magna International Inc. have jointly developed an automotive electronics platform that integrates LG’s infotainment t...
Samsung to unveil budget phone Galaxy A25
Samsung Electronics Co. announced on Thursday that it will launch the Galaxy A25 5G, a new budget phone in the South Korean market on Jan.5.It featu...
Innocean establishes social marketing subsidiary
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has established its social m...
Sendbird aims to fly even higher, above 300 million
Founded in 2013, Sendbird, a customizable in-app communications platform used by more than 300 million active users monthly, is still hungry for mor...
Naver Whalebook supply volume triples in 2023
South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that the distribution volume of Whalebook has tripled compa...
Naver’s resale platform Kream joins Korean unicorns
Kream Corp., the resale platform of South Korean online portal giant Naver Corp., has emerged as the latest Korean unicorn with a valuation exceedin...
Korea's leading used-car platform Encar drops IPO plan
Encarsales.com Ltd., a South Korean used-car trading platform, will withdraw its initial public offering plan as early as this week due to deteriora...
HD Hyundai Construction, Infracore to use integrated machinery platform
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...
Korea’s Glenwood PE in spotlight with carve-out deals
South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...
Korea’s troubled kimchi fridge maker Winia seeks new owner
Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...
Campbell Lutyens taps ex-KIC PE chief as Korea head
Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...
Fintech platform operator Viva Republica revives IPO plan
Viva Republica Inc., the operator of South Korea’s fintech platform Toss, has revived plans to go public after pushing back its stock market d...
Coupang to buy luxury platform Farfetch at $500 mn
Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, ...
LG Innotek develops wireless BMS for EVs
South Korean electronic parts maker LG Innotek announced on Sunday that it developed a cutting-edge wireless battery management system (BMS), a cr...
MBK raises Hankook bid price, asks FSS to probe Cho's stock purchase
The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...
KKR promotes Keith Kim in Seoul office to partner
KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...
NCSOFT included in DJSI Asia Pacific Index
South Korea’s major game developer and publisher NCSOFT Corp. announced on Thursday that it was listed on the Dow Jones Sustainability Asia/...
Line Next attracts $140 mn to globally expand NFT platform
Line Next Corp., a digital asset affiliate of South Korean online portal giant Naver Corp., has attracted $140 million in a funding round led by Cre...
Kakao taps venture capital unit head as new CEO to lead reform
Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...
Celltrion’s Vegzelma listed on US PBM preferred drug list
South Korea's Celltrion Healthcare Co. announced on Tuesday that its anti-cancer biosimilar Vegzelma (active ingredient: bevacizumab) was listed as ...
Kakao to tighten grip over units, rethink horizontal culture
Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., said on Monday it will abandon its autonomous managem...
LIG Nex1 to buy quadruped robot maker Ghost Robotics for $240 mn
LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...
Naver, PIF-backed JV join hands for Saudi Arabia’s smart cities
South Korean online portal giant Naver Corp. is planning to accelerate Saudi Arabia’s digital transformation in partnership with a tech firm b...
Lotte Group’s 3rd-generation son comes to the fore
Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...
Samsung names new smartphone, TV platform head
Samsung Electronics Co. has promoted Kim Yong-soo, vice president and former Google and Oracle software expert, to lead its smartphone and TV platfo...
Lunit selected as contractor for building medical AI platform in Singapore
South Korean medical AI company Lunit announced on Friday that it has been selected as the final contractor in the bidding for the establishment of ...
CJ OliveNetworks to enter smart city business with Team Naver
South Korean digital service company CJ OliveNetworks announced on Thursday that it has signed a mutual cooperation agreement at Naver Corp.'s headq...
SK gives up e-commerce platform management
SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their st...
