kia lec in-game drop
Scope
Date
~
-
Korean startups
Kia invests $9 mn in fintech startup Banksalad
South Korea's major automaker Kia Corp. is set to invest 10 billion won ($8.7 million) in Banksalad Co.'s Series D funding round as the company ai...
Aug 09, 2021 (Gmt+09:00)
language -
Tech, Media & Telecom
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
Aug 09, 2021 (Gmt+09:00)
-
Korean games
Nexon reveals upcoming 'super' games, eyes entertainment IPs
South Korea's leading game company Nexon Co. has unveiled a massive lineup of super games in development alongside plans to expand its intellectual ...
Aug 06, 2021 (Gmt+09:00)
language -
IPOs
Krafton locks up two-thirds of IPO shares amid price concerns
Krafton Inc. has locked up more than 80% of its IPO shares allocated to institutional investors, in a move to prevent mass selling of its shares imm...
Aug 05, 2021 (Gmt+09:00)
-
Automobiles
Hyundai, Kia US sales slower despite strong growth
Hyundai Motor Group reported a near 30% rise in US sales last month, but the growth is decelerating as the world’s second-largest automobile m...
Aug 04, 2021 (Gmt+09:00)
language -
IPOs
Krafton IPO draws lukewarm demand from retail investors
Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....
Aug 03, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Netmarble bets $2.2 bn on global social casino game market
South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...
Aug 03, 2021 (Gmt+09:00)
-
Earnings
Hyundai Motor, Kia post strong Q2 profits; Chip shortage dims outlook
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, driven by pricey spo...
Jul 22, 2021 (Gmt+09:00)
-
Automobiles
Hyundai Motor, Kia report record-high H1 sales in US
Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...
Jul 02, 2021 (Gmt+09:00)
-
Shipping & Shipbuilding
Samsung Heavy Industries charters drillship to Italy’s Saipem
South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p...
Jun 29, 2021 (Gmt+09:00)
-
Korean games
Why Google is getting heat from game companies on recent commission cuts
Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...
Jun 29, 2021 (Gmt+09:00)
language -
IPOs
Mobile game developer Netmarble Neo kicks off IPO process
Following in the footsteps of its bigger rival Krafton Inc., South Korean mobile game developer Netmarble Neo has kicked off its initial public offe...
Jun 27, 2021 (Gmt+09:00)
-
Automobiles
Hyundai, Kia outrival Japanese carmakers in India, other emerging markets
India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...
Jun 17, 2021 (Gmt+09:00)
language -
Electric vehicles
Kia, Uber form electric mobility partnership in Europe
South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to supply electric vehicles in Europe fo...
Jun 16, 2021 (Gmt+09:00)
language -
IPOs
Krafton mega IPO on horizon: Industry game-changer
Krafton Inc. is set to become the first South Korean decacorn startup, or a company valued at over $10 billion, to make a trading debut on the count...
Jun 15, 2021 (Gmt+09:00)
language -
Automobiles
Hyundai Motor, Kia overtake Ford in US auto sales in May
Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...
Jun 09, 2021 (Gmt+09:00)
language -
Chief Executives
Com2uS, Gamevil Chairman Song Byung-joon: Mobile game pioneer, sports enthusiast
About eight years ago on Oct. 5, 2013, Song Byung-joon, the then-chief executive of South Korean mobile game developer Gamevil Inc., visited the off...
Jun 02, 2021 (Gmt+09:00)
-
Hydrogen economy
Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe
South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...
May 26, 2021 (Gmt+09:00)
language -
Steel
China’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...
May 26, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
World's 1st e-sports channel OGN up for sale; valued at $8.9 million
OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...
May 21, 2021 (Gmt+09:00)
-
Electronics
Samsung, LG go all out to lure adult gamers to LED TVs
Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are striving to attract gamers to their large-size LED T...
May 10, 2021 (Gmt+09:00)
language -
Entertainment
Com2uS enters JV to create webtoon based on popular game Summoners War
South Korean game developer Com2uS Corp. is expanding its footprint in the storytelling and webtoon industry by setting up a joint venture with lead...
May 07, 2021 (Gmt+09:00)
-
Automobiles
Kia posts record US sales for 2nd straight month, driven by SUVs
Kia Corp., an automaking affiliate of the Hyundai Motor Group, on Monday posted its best-ever monthly US auto sales for a second straight month in A...
May 03, 2021 (Gmt+09:00)
-
Korean games
Smilegate becomes 5th game firm to join trillion won club
Smilegate Entertainment Inc. has become the fifth South Korean game company to join the trillion won club, as it posted a revenue of 1.73 trillion w...
Apr 14, 2021 (Gmt+09:00)
language -
Corporate bonds
Kia raises $700 mn in foreign green bonds
Kia Corp. has issued its first foreign currency ESG bonds worth $700 million to strengthen its investment in electric vehicles and other eco-friendl...
Apr 13, 2021 (Gmt+09:00)
-
Batteries
Samsung SDI to supply cylindrical cells to Hyundai, Kia
Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is developing cylindrical lithium-ion batteries for Hyundai Motor C...
Apr 13, 2021 (Gmt+09:00)
-
IPOs
Korean casino game developer revives Nasdaq IPO plan
DoubleDown Interactive LLC, a South Korean social casino game publisher, has resumed its Nasdaq listing process, tapping the red-hot US IPO market w...
Apr 04, 2021 (Gmt+09:00)
-
Electric vehicles
Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5
Kia Corp. on Tuesday debuted the EV6, its first dedicated electric vehicle built on Hyundai Motor Group’s new EV platform, amid intensifying com...
Mar 30, 2021 (Gmt+09:00)
language -
Korean games
Nexon invests $874 mn in Hasbro, Japan’s game giants
South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...
Mar 30, 2021 (Gmt+09:00)
language -
Korean games
Tencent increases appetite for Korean gaming startups
Chinese technology giant Tencent Holdings has been gobbling up South Korean gaming startups that have yet to launch their first products, a move see...
Mar 23, 2021 (Gmt+09:00)
language
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet