hyperlocal business model

The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...

Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...

Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...

AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...

South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...

South Korea's SK Ecoplant Co. said on Friday it held the "2024 ConTech Meet-Up Day" award ceremony at the Grand Walkerhill Hotel in Seoul. ConTech M...

South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to...

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid ...

RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...

Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

South Korea's HD Hyundai XiteSolution said on Thursday that it plans to hold a demo show with remote control (RC) models of construction equipment...

HO CHI MINH CITY – South Korean apparel maker Hansae Yes24 Group has set its sights on the auto parts business as a new growth driver to diver...

South Korea's Hankook Tire & Technology said on Wednesday that it started to supply its Ventus S1 evo Z tires as original equipment for BMW's se...

South Korea's LG Uplus Corp. said on Wednesday that it launched the startup support program Shift, which aims to discover and nurture startups, incl...

Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...

South Korea's Hyundai Glovis Co. said on Tuesday it participates in Breakbulk Americas 2024, a four-day event in Houston starting on October 15.&n...

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...

Kia Corp., South Korea’s second-largest automaker, said on Monday it will release The 2025 Carnival, a model year of its large recreational ve...

Hyundai Motor Co. is celebrating the production of its 100 millionth vehicle with a month-long exhibition, "One Step Further," starting October 10 a...

Microsoft Corp. and KT Corp. plan to invest 2.4 trillion won ($1.8 billion) in South Korea’s artificial intelligence, cloud and infrastructure...

LG Electronics Inc., a leading South Korean home appliance maker seeking to transform into a platform company, aims to double sales of its Business ...

Hyundai Motor Co.'s Indian subsidiary said on Wednesday it is set to launch its initial public offering, the largest listing in the country, next we...