online retail
Scope
Date
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IPOs
Krafton IPO draws lukewarm demand from retail investors
Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....
Aug 03, 2021 (Gmt+09:00)
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M&As
China's top travel agency to join bid for Korea's online retail platform
China’s leading online travel agency (OTA) Trip.com will be joining the race to acquire South Korea’s online retail platform Interpark C...
Aug 03, 2021 (Gmt+09:00)
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IPOs
HK inno.N’s IPO attracts $25 bn from retail investors
HK inno.N Corp. (inno.N), a pharmaceuticals unit of Kolmar Korea, drew a massive $25 billion from retail investors for its listing thanks to its s...
Jul 30, 2021 (Gmt+09:00)
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IPOs
Tencent, Korea Value poised to see sixfold return from KakaoBank
Chinese technology giant Tencent Holdings, Korea Value Asset Management Co. and South Korea's top lender Kookmin Bank are among a group of sharehold...
Jul 27, 2021 (Gmt+09:00)
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IPOs
KakaoBank, Krafton, other heavyweights set to sizzle in hot IPO season
South Korea’s initial public offering market is sizzling with KakaoBank Corp. and other big names set to go public in coming weeks amid expect...
Jul 25, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Apparel retailer F&F joins in $1.7 bn TaylorMade deal
F&F Co., the South Korean retailer of the outdoor clothing brands Discovery Expedition and MLB, has been selected as the strategic buyer of Tayl...
Jul 20, 2021 (Gmt+09:00)
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M&As
Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo
A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food ...
Jul 15, 2021 (Gmt+09:00)
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Banking & Finance
Moody's urges Korean banks to beef up online platforms
South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank, the country's lead...
Jul 12, 2021 (Gmt+09:00)
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E-commerce
Korea's first-generation retail platform Interpark up for sale
South Korea-based Interpark Corp., one of the country’s first-generation online retail platforms, is up for sale. According to the invest...
Jul 12, 2021 (Gmt+09:00)
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Venture capital
Indonesia's HappyFresh draws half of new funding from Korea
Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...
Jul 09, 2021 (Gmt+09:00)
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IPOs
Online players head S.Korea's biggest month for IPOs
South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...
Jul 01, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Sale of Citibank Korea gains traction; preferred buyer may emerge in July
The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...
Jun 29, 2021 (Gmt+09:00)
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The Deep Dive
The butterfly effect: How the W Concept takeover stirred up Korea's fashion industry
“Just give us three weeks. We’ll offer a price by then.”This conversation took place in early March. A senior executive from retai...
Jun 22, 2021 (Gmt+09:00)
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Korean stock market
Once resistant, Korean retail investors lend more stocks for short selling
South Korean retail investors, who had largely opposed the regulator’s lifting of the short-selling ban on large-cap stocks from May, are now ...
Jun 21, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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E-commerce
Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...
Jun 07, 2021 (Gmt+09:00)
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Business & Politics
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Jun 04, 2021 (Gmt+09:00)
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The Deep Dive
Misandry controversy rattles Korean retailers; CEO of No.1 fashion app steps down
Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...
Jun 04, 2021 (Gmt+09:00)
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Korean startups
Fintech platform Toss seeks $180 mn in fresh funding
South Korean fintech startup Toss is seeking to raise 200 billion won ($177 million) in fresh funding, which would almost treble its valuation to 8 ...
May 21, 2021 (Gmt+09:00)
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Asset management
Woori Financial takes over Franklin Templeton’s retail fund business
Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...
May 14, 2021 (Gmt+09:00)
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ASK 2021
GoldenTree sees distressed opportunities in media, telecom, retail
Media, telecom, retail and energy industries offer attractive distressed investment opportunities because they are undergoing structural changes cau...
May 10, 2021 (Gmt+09:00)
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E-commerce
Delivery app Yogiyo draws bids from retailers, PEFs
South Korea’s second-largest food delivery app Yogiyo has drawn about 10 preliminary bidders, including retailer Shinsegae and private equity ...
May 05, 2021 (Gmt+09:00)
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Asset management
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Apr 27, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Citibank Korea's retail arm sale may fuel M&A market
Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...
Apr 16, 2021 (Gmt+09:00)
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Private equity
IMM PE's art of the exit: Cable maker, online mall
Seoul-based IMM Private Equity has come into the spotlight with a series of lucrative exits in South Korea, including the 265 billion won ($237 mill...
Apr 08, 2021 (Gmt+09:00)
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Retail
SK Group acquires 16.3% of Vietnam’s top retailer for $410 million
South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...
Apr 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Shinsegae buys Korean online fashion mall from IMM PE
Shinsegae Group has acquired South Korea's leading online fashion platform from IMM Private Equity, in a transaction estimated at between 250 billio...
Apr 01, 2021 (Gmt+09:00)
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Asset management
BlackRock sheds $620 mn Korean retail fund business
BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...
Mar 31, 2021 (Gmt+09:00)
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Korean startups
Online fashion platform Musinsa raises $115 mn from VC firms
South Korea’s top online fashion retailer Musinsa has raised another 130 billion won ($115 million) from Sequoia Capital and IMM Investment, g...
Mar 16, 2021 (Gmt+09:00)
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Korean stock market
Retail trading surge continues in S.Korea with 40 mn active accounts
The daily schedule of this 26-year-old South Korean university student, identified by his surname Ahn, is not too different from that of a typical...
Mar 11, 2021 (Gmt+09:00)
Latest News
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- 2 Coupang bids for Korean luxury market dominance with Farfetch
- 3 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 4 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 5 Korea to allow non-profits to buy bad consumer loans