LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS Electric Co. to expa...

S.Korea's online K Bank withdraws plan for Kospi listing

S.Korea's online K Bank withdraws plan for Kospi listing

South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate value due to the slugg...

SK C&C joins hands with Microsoft for digital healthcare solutions

SK C&C joins hands with Microsoft for digital healthcare solutions

SK C&C, an IT services unit of SK Group, said on Thursday that it had signed an agreement with Microsoft Korea to advance into the global market...

Korea's InCerebro to leverage AI to identify drug candidates

Korea's InCerebro to leverage AI to identify drug candidates

South Korean AI-based drug developer InCerebro aims to identify potential drug candidates using molecular modeling technology, according to its CEO ...

Kids platform Norit wins D.Camp January pitch competition

Kids platform Norit wins D.Camp January pitch competition

South Korean kids learning platform Norit won the monthly pitch competition hosted by D.Camp, a Seoul-based startup accelerator, on Jan. 26.Norit ma...

BC Card signs strategic partnership deal with Mongolian Central Bank

BC Card signs strategic partnership deal with Mongolian Central Bank

South Korea's credit card issuer BC Card said on Monday that it has signed a strategic partnership deal with the Bank of Mongolia.With this collabor...

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures, which runs an online manufacturing platform "Capa," said on Friday that it has raised a Series B funding of 5 billion won ($4.1 mil...

Woori Bank's Vietnam subsidiary reports record-high performance

Woori Bank's Vietnam subsidiary reports record-high performance

Woori Bank Vietnam, South Korean lender Woori Bank's local subsidiary in Vietnam, had heydays last year, tiding over the aftermath of the COVID-19 o...

Hancom Carelink invests in bio big data venture 3bigs

Hancom Carelink invests in bio big data venture 3bigs

South Korea's Hancom Carelink, a digital health care company under Hancom Group, on Wednesday said it bought an unspecified stake in the bio big dat...

Modetour signs agreement with mobility platform Danida

Modetour signs agreement with mobility platform Danida

South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...

Medical platform operator Integration raises $8 mn in Series B funding

Medical platform operator Integration raises $8 mn in Series B funding

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

Kookmin Bank launches foreign currency trading platform KB Star FX

Kookmin Bank launches foreign currency trading platform KB Star FX

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...

Korean grocery delivery platform Oasis set for February IPO

Korean grocery delivery platform Oasis set for February IPO

South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...

Samsung SDS calls attacks on cloud biggest threat to cyber security

Samsung SDS calls attacks on cloud biggest threat to cyber security

Cloud protection is the top cyber security concern for companies this year, a study says.Samsung SDS Co. on Thursday said this in its report "Top Fi...

Naver secures largest stake in Spain's online marketplace Wallapop

Naver secures largest stake in Spain's online marketplace Wallapop

Naver Corp. has made a massive additional investment in Wallapop, Spain's online market for used items and Europe's equivalent to Korea's Danggeun M...

Gmarket launches overseas hotel search service

Gmarket launches overseas hotel search service

Gmarket on Thursday say it will launch a customized search service for hotels abroad.Users can input hotel-related keywords into the Gmarket app's s...

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong, Onchorus to undertake research on mRNA anticancer drugs

Daewoong Pharmaceutical said on Thursday that it has signed a joint R&D and commercialization agreement with America's biopharmaceutical venture...

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...

Blackpink's 'Ddu-du Ddu-du' music video surpasses 2 billion views

Blackpink's 'Ddu-du Ddu-du' music video surpasses 2 billion views

K-pop girl group Blackpink's “Ddu-du Ddu-du” music video has surpassed 2 billion views on YouTube on Wednesday, its record label YG Ente...

SK Networks completes acquisition of local EV charging platform operator

SK Networks completes acquisition of local EV charging platform operator

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

Sejong kicks off private 5G business for exclusive use for industrial safety

Sejong kicks off private 5G business for exclusive use for industrial safety

Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...

Ideahub to launch new platform for individual investors of patents in Q1

Ideahub to launch new platform for individual investors of patents in Q1

In the next three months, South Korea's Ideahub is poised to launch a platform on which individual investors can also invest in patents.If all goes ...

Naver, Kakao to hold off M&As to pursue profits

Naver, Kakao to hold off M&As to pursue profits

Naver Corp. and Kakao Corp., South Korea’s two leading online platforms, will put on hold acquisition-oriented growth strategies and instead p...

LG Electronics speeds up development of intelligent AI solutions

LG Electronics speeds up development of intelligent AI solutions

LG Electronics Inc. on Sunday said it will build an ambient computing platform as selected by LG AI Research, a company think tank specializing in a...

Shinhan Bank to completely scrap mobile, online balance transfer fees

Shinhan Bank to completely scrap mobile, online balance transfer fees

Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...

S.Korea's Alteogen signs $145 million tech export deal with Swiss company

S.Korea's Alteogen signs $145 million tech export deal with Swiss company

South Korea's bio company Alteogen Inc. on Friday said it signed its fourth technology export contract since its 2018 development of the human recom...

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin completes plastic recycling factory in Seoul suburb

SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...

Hanwha Techwin showcases smart parking solution

Hanwha Techwin showcases smart parking solution

Hanwha Techwin, a South Korean company specializing in video surveillance solutions, said on Thursday that it held a showcase event at its 63 Conven...

Nursing caregiver matching startup Bosalpim succeeds in pre-series A funding

Nursing caregiver matching startup Bosalpim succeeds in pre-series A funding

South Korea's senior citizen care service startup Bosalpim said on Wednesday that it has raised an undisclosed amount of pre-series A funding from K...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation