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Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business.  They are eng...

The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...

South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...

Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...

Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...

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...

South Korea-based Ably Co., operator of the fashion app Ably, announced on Jun. 2 that it has raised 62 billion won ($55.7 million) in a Series B ex...

Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...

Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest travel platform Yan...

South Korea’s largest travel platform Yanolja is in negotiations with SoftBank Vision Fund for an investment up to 1 trillion won ($900 millio...

South Korea-based Ably Corporation, the operator of fashion platform Ably, is seeking to raise around 40 billion won ($35.3 million), attracting a p...

As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...

South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...

Germany's Delivery Hero SE has narrowed down the list of bidders for South Korea’s second-largest food delivery platform Yogiyo to Shinsegae I...

South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...

South Korea’s second-largest food delivery app Yogiyo has drawn about 10 preliminary bidders, including retailer Shinsegae and private equity ...

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 telecom and mobile network market leader SK Telecom Co., which announced last week its strategic long-term shift towards non-tel...

South Korea’s largest mobile carrier SK Telecom Co. will split into two separate entities. SK Telecom said on Apr. 14 that it will create a ne...

There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via livest...

Kakao Corp., South Korea's top mobile messaging app operator, is set to acquire a majority stake in Zigzag, a domestic online fashion platform targe...

The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to poten...

LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating losses of 5 trillion wo...

South Korea's mobile giant Kakao Corp. is in negotiations to buy the management rights of US-based mobile fiction startup Radish Fiction for around ...

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...

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...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app Baedal Minjok, commonly known as Baemin, has joined the 1 trillion w...

KTB Network Co., a South Korean venture capital firm, has pocketed a double-digit return, or 62.5 billion won ($55 million) from the sale of its sta...