S.Korean IT companies partner with K-pop girl groups

South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...

Affinity fails in Lock&Lock tender offer; eyes equity swap

Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock...

Shinsegae, CJ to tie up for product delivery, food launch

Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmark...

Korea’s Kakao Mobility unveils global ride-hailing app to court Uber

Kakao Mobility Corp., South Korea’s top ride-hailing service provider, on Tuesday introduced the release of its global app, taking on global g...

Daesang to scale up meal kits, kimchi production in Vietnam

Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...

Lotte Chilsung Krush beer enters Mongolian market

South Korea's Lotte Chilsung Beverage announced on Friday that its beer brand Krush entered the Mongolian market. The company sponsored Davaida...

Kakao Mobility, Archer to collaborate for K-UAM commercialization

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

KOTRA opens K-Tech Camp in Paris

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Thursday that it established the Paris K-Tech Camp in Paris, France on May 23.KOTRA...

Lotte's sugar-free soju Saero to enter European market

South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...

Celebrity-run food chain operator TheBorn Korea files for IPO review

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has filed for a preliminary revi...

Kim Jong Un’s Balloon Barrage: Bags of Excrement Fly Into the South

SEOUL—An unusual sight drifted into South Korean skies on Wednesday: Large white balloons carrying plastic bags of North Korean trash. Some co...

Lotte Tour launches premium travel brand High&

Lotte Tour Development Co. announced on Tuesday that it launched the brand High& for high-quality premium package travel products.High& is a...

Qoo10 launches K-Avenue for S.Korean products

Southeast Asia-based e-commerce platform Qoo10 Pte. announced on Tuesday that it launched K-Avenue, a sales channel for Korean products, on the newl...

Hotel Lotte resumes global push with management deals

Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...

SK seeks to sell 13.3% stake in Chinese food firm Joyvio

SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...

Samsung releases new Bespoke AI Family Hub product

Samsung Electronics Co. announced on Friday the launch of a new "Bespoke AI Family Hub" refrigerator, designed to offer new AI experiences in everyd...

Lotte Wellfood, Studio Dragon to collaborate on K-contents

South Korea's Lotte Wellfood Co. announced on Friday that it signed a memorandum of understanding (MOU) with K-drama producer Studio Dragon to col...

NewJeans' Ditto hits 600 mn streams on Spotify

Ditto by K-pop girl group NewJeans has surpassed 600 million streams on Spotify.Spotify, the world's largest music streaming platform, announced on ...

Affinity extends tender offer for food container maker Lock&Lock

Hong Kong-based Affinity Equity Partners is set to extend its tender offer for South Korean food container maker Lock&Lock Co. shares, as the pr...

CJ CheilJedang profit beats forecasts on overseas business

South Korean food giant CJ CheilJedang Corp. on Tuesday reported a better-than-expected quarterly profit on healthy overseas businesses and cost cut...

Ottogi, KTO partner to attract foreign tourists

The Korea Tourism Organization (KTO) announced on Monday that it signed a memorandum of understanding with domestic food company Ottogi to attract f...

Lotte Global Logistics, KOBC to partner for global logistics

South Korea's Lotte Global Logistics announced on Monday that it signed a memorandum of understanding (MOU) with the Korea Ocean Business Corporatio...

CJ's Bibigo Gimbap enters Australian Woolworths stores

South Korea's food giant CJ CheilJedang Corp. announced on Sunday that it released its Bibigo frozen Gimbap products at Woolworths, Australia's numb...

Overseas Korean food fans choose soju, bibimbap as favorites

South Korea’s soju and bibimbap are respectively the most popular liquor and food among foreigners, according to survey results released by th...

Samsung Welstory completes new Vietnam logistics center

South Korean food and beverage company Samsung Welstory announced on Thursday that it completed a new logistics center with a cold chain system in B...

LIG Nex1 participates in Malaysia's DSA 2024

South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...

Lotte Tour's Jeju Island casino triples revenue

Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed $6 million in cumula...

S.Korea’s Lotte Card injects $68 mn into Vietnamese unit

Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...

CJ's Bibigo bolsters sports marketing with PGA tours sponsorship

Scottie Scheffler, a top-ranked American professional golfer, gave a shoutout to food served by CJ CheilJedang Corp. during The CJ Cup golf tourname...

Korea’s booming medical tourism: Skin care, plastic surgery in demand

The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...