Hyundai’s new Genesis G90: Epitome of luxury design identity

Hyundai’s new Genesis G90: Epitome of luxury design identity

After an exterior peek of its new Genesis sedan G90 last month, Hyundai Motor Co. on Tuesday fully unveiled the flagship luxury model, its first mod...

K-startups take note of growing demand for 'meta fashion'

K-startups take note of growing demand for 'meta fashion'

Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...

Hyundai Oilbank attracts $20 million from Palantir ahead of IPO

Hyundai Oilbank attracts $20 million from Palantir ahead of IPO

South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...

Hyundai to bolster in-car video services with CJ ENM

Hyundai to bolster in-car video services with CJ ENM

Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...

Cosmetics brands shift to video influencers from celebrities

Cosmetics brands shift to video influencers from celebrities

 As influencers on YouTube and social media platforms are becoming central to the marketing efforts of companies, South Korean cosmetics brands...

Kakao extends rivalry with Naver into digital healthcare

Kakao extends rivalry with Naver into digital healthcare

Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...

GS Retail invests $55 mn in Kakao Mobility to boost online presence

GS Retail invests $55 mn in Kakao Mobility  to boost online presence

GS Retail Co. is investing 65 billion won ($55 million) in Kakao Mobility Corp., South Korea's No.1 taxi-hailing app, adding to its recent series of...

Kakao buys startup Grip, fueling e-commerce push

Kakao buys startup Grip, fueling e-commerce push

South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...

Softbank joins $190 mn fundraising by Naver metaverse platform

Softbank joins $190 mn fundraising by Naver metaverse platform

Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...

Inspire secures $1.6 bn for its luxury resort project in Incheon

Inspire secures $1.6 bn for its luxury resort project in Incheon

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

Gaming platform Planetarium attracts $42 mn, valued at $293 mn

Gaming platform Planetarium attracts $42 mn, valued at $293 mn

South Korea’s non-fungible token (NFT)-based open source gaming platform Planetarium, under Nine Corp. Inc., is slated to attract around 50 ...

KoreaCenter acquires Danawa, paving way for MBK’s bolt-on deal

KoreaCenter acquires Danawa, paving way for MBK’s bolt-on deal

KoreaCenter Co. has been named the new owner of Danawa Co., one of South Korea’s first-generation e-commerce platforms – a move that is ...

Proptech platform Olim Planet eyes 2022 Kosdaq IPO

Proptech platform Olim Planet eyes 2022 Kosdaq IPO

Olim Planet, a South Korean property technology startup, has begun the process to go public on the junior Kosdaq market as early as the second half ...

KakaoPay chief tapped as co-CEO in Kakao management shakeup

KakaoPay chief tapped as co-CEO in Kakao management shakeup

Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...

Korea’s Toss operator invests $5 mn in US startup fintech platform Republic

Korea’s Toss operator invests $5 mn in US startup fintech platform Republic

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 million in Republic, a ...

Music copyright trading platform Musicow revitalizes Korea’s startup scene

Music copyright trading platform Musicow revitalizes Korea’s startup scene

“Music becomes Cashcow” is the slogan for Korea’s hottest startup of the year, Musicow, Inc., and cash cow it has been. Indus...

Resale platform Bunjang to raise funds at over $300 mn valuation

Resale platform Bunjang to raise funds at over $300 mn valuation

South Korea's leading resale platform Bungaejangter Inc., also known as Bunjang, will raise 83 billion won ($70 million) in fresh funding at a valua...

Millennial tapped to head online giant Naver

Millennial tapped to head online giant Naver

Naver Corp. has chosen Choi Soo-yeon, 40, to lead the top online platform in South Korea, in the 22-year-old company's most dramatic top management ...

Fractional investing platforms for art to Rolex lure VCs

Fractional investing platforms for art to Rolex lure VCs

The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...

Celltrion looks beyond biosimilars to develop its own mRNA drugs

Celltrion looks beyond biosimilars to develop its own mRNA drugs

South Korea’s Celltrion Inc. has long been a biosimilar player, producing replicas of original drugs, a growing market in the pandemic era.Ear...

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...

DearU’s value nears YG Entertainment after strong Kosdaq debut

 DearU’s value nears YG Entertainment after strong Kosdaq debut

Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which briefly put the company&...

NPS, Tishman form $1.5 bn JV to invest in US housing

NPS, Tishman form $1.5 bn JV to invest in US housing

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, and New York-based global real estate investment ...

MBK seeks to buy two S.Korean e-commerce platforms

MBK seeks to buy two S.Korean e-commerce platforms

MBK Partners is in talks to buy management rights of two e-commerce platforms listed on South Korea's Kosdaq market in a package deal, according to ...

Travel startups draw new funds amid digital transformation

Travel startups draw new funds amid digital transformation

As South Korea loosened social distancing measures for a gradual return to normal life this week, investors are rekindling their interest in travel ...

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

Wooyoungmi emerges as 'new luxury' menswear brand

Wooyoungmi emerges as 'new luxury' menswear brand

When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...

K-pop fan engagement platform DearU prices IPO above range

K-pop fan engagement platform DearU prices IPO above range

DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...

Masayoshi Son to bet $170 mn on Naver metaverse platform

Masayoshi Son to bet $170 mn on Naver metaverse platform

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

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