Rolls-Royce unveils its first all-electric model, Spectre, in Seoul

Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...

SK Energy, SK REIT to establish complex energy platforms

South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...

Korean golf club, apparel markets face decline in post-pandemic era

South Korea’s golf equipment and apparel markets enjoyed a boom during COVID-19. But they are facing a downturn this year amid the growing pop...

S.Korea’s Handsome releases brand book with Assouline

South Korean fashion company Handsome Corp., a division of Hyundai Department Store Group, said on Thursday that it has partnered with Assouline, on...

Hyundai, SK battery JV may receive up to $700 mn in US grants

Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...

Kakao unveils index on user contributions to environment

South Korea's mobile platform company Kakao Corp. on the occasion of World Environment Day on Monday unveiled on its website figures from the Kaka...

Yanolja teams up with SE Asia's largest travel platform

South Korea's tourism platform unicorn Yanolja announced on Monday that it will expand its overseas travel services by linking with Traveloka, a ren...

Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan

South Korean AI-powered edtech firm, Riiid, announced on Thursday it has partnered with ALC, a premier brand in the Japanese language education indu...

Renault Korea creates mobility exhibition hall in metaverse

Renault Korea announced on Friday that it plans to establish and run an automobile-related experiential space called Renault Korea Hub in the metave...

Samsung Electronics opens online pet care store

Samsung Electronics Co. has entered the expanding pet care market with the launch of its Pet Care Store on its official website, according to a stat...

GoodGang Labs attracts $2 mn from Kakao Investment

South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...

Music copyright trading platform Musicow attracts $46 mn from STIC

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

BTS 10th anniversary stamps sell out online in 3 hours

The online pre-sale of K-pop band BTS' 10th anniversary stamp sold out early.According to the Korea Post on Wednesday, the online pre-sale of BTS' 1...

Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

S.Korea's top 3 telecom companies boost pet-related services

South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...

Night at Korean royal palace brims with stars and Gucci fashion

Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...

LG CNS’ AI-based marketing platform greatly boosts results

The trial application of South Korea's information and communications technology company LG CNS of artificial intelligence (AI) to marketing and adv...

Cuchen links rice cookers to Samsung Electronics’ IoT

South Korea’s kitchen appliance maker Cuchen on Monday said it will link two rice cookers possessing Internet of Things (IoT) technology to Sa...

Yanolja acquires Israeli tourism tech company Go Global Travel

South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...

Samsung, Naver to jointly develop generative AI to rival ChatGPT

South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...

CJ ENM’s OTT platform TVing: White elephant or new cash cow?

CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...

Coupang reports third profitable quarter in a row

South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...

SK Telecom launches Seoul, LA tours in metaverse

SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metaverse platform Ifland...

Hyundai Steel launches online mall Hcore Store

South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...

S.Korea’s beauty brand Laneige enters UK, Middle East market

Amorepacific Corp.'s cosmetic brand Laneige announced on Tuesday that it is accelerating its global business expansion by entering the UK and Middle...

Naver Webtoon targets entertainment business in Japan

Naver Webtoon Ltd., the world’s top digital comics provider, is targeting the entertainment sector in Japan as it aims to expand its intellect...

WeMade discusses first console game with Microsoft

South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...

Hyundai Motor drives software unit's Q1 sales higher

Record-setting earnings at South Korea’s Hyundai Motor Group have driven its vehicle software platform’s sales sharply higher and painte...

BTS 10th anniversary stamps to be issued on June 13

South Korea's state-run postal service agency Korea Post announced on Sunday that it will issue commemorative stamps on June 13, featuring the past ...

Wrtn to offer free access GPT-4 conversation services

South Korean generative AI startup Wrtn Technologies announced on Thursday that it will offer unlimited free access to its conversation feature...