long-term service agreement

Private equity firms (PEFs) have participated in one in every three buyout deals involving South Korean companies in the first six months of the yea...

Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...

South Korea’s top instant noodle maker Nongshim Co. is adding another product range under its world-famous Shin Ramyun brand: fried noodles. N...

Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...

The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...

South Korea-based grocery delivery platform Oasis Corp., referred to as Oasis Market, has attracted 50 billion won ($44 million) from global private...

South Korea's Government Employees Pension Service (GEPS) has awarded a combined $105 million mandates to Goldman Sachs, Macquarie and Paris-based A...

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...

South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

Pantos Co., the logistics unit of South Korea’s newly established LX Group, is entering the global e-commerce market by launching a worldwide ...

Shinsegae is the likely winner of the eBay Korea acquisition, outplaying its rival Lotte in the prolonged race to buy the country’s third larg...

South Korea-based Brave Mobile Inc., the operator of service matching platform Soomgo, has secured 32 billion won ($28.6 million) in a Series C fund...

Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...

South Korea’s leading multiplex cinema chain CJ CGV has received 16.2 trillion won ($14.5 billion) in investor demand for the perpetual conv...

South Korean mobile platform giant Kakao Corp.’s enterprise value is rising backed by its strong business performance, threatening to overtake...

On May 12th ValueAct Partner, CEO, and Chief Investment Officer G. Mason Morfit appeared at the ASK Global Conference 2021 hosted by The Korea Econo...

The Canada Pension Plan Investment Board (CPPIB) does not carry out negative screening to exclude companies and sectors that do not comply with envi...

The National Pension Service is planning to build an investment portfolio with a longer-term perspective for a period of at least 10 years, shifting...

US Treasury bonds with longer maturities remain effective hedging instruments against inflation in the current low rate environment, according to Th...

South Korea-based laundry service startup Wash Swat Inc. has secured 17.5 billion won ($16 million) in Series B round funding, bringing the company'...

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...

South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...

South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...

South Korea-based Kakao Mobility Corp., a subsidiary of mobile giant Kakao Corp., has acquired the country's leading pet taxi service, Pet Me Up, in...

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Two out of every three Koreans used over-the-top (OTT) media last year, with YouTube the favored platform from which to watch videos and other strea...

“You see all of these buildings? All of the companies in these buildings will become our clients."These were the words of Lee Han-joo, chief e...