performance-based logistics
Scope
Date
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Logistics
CPPIB, ESR to double first Korean logistics JV to $1 bn
The Canada Pension Plan Investment Board (CPPIB) and Hong Kong-based logistics property developer ESR will expand their $500 million Korean logistic...
Apr 23, 2021 (Gmt+09:00)
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Upcoming IPOs
Referral-based job portal Wantedlab applies for H2 IPO
Wantedlab Inc., South Korea's first referral-based recruiting platform, is aiming to list on the country's junior Kosdaq market in the second half o...
Apr 19, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts mass production of high-performance SSDs
South Korea’s SK Hynix Inc. has begun the mass production of its latest high-performance solid-state drives (SSDs) amid intensifying competiti...
Apr 15, 2021 (Gmt+09:00)
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Korean startups
Fresh food logistics startup Team Fresh secures 30 bn won in Series C
South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...
Apr 05, 2021 (Gmt+09:00)
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Economy
BOK to offer news-based weekly economic index
South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank of Korea said on Apr....
Apr 01, 2021 (Gmt+09:00)
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Fund manager survey
Outlook for Korean battery shares evenly split amid weak performance
South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain opaque as fund mana...
Mar 29, 2021 (Gmt+09:00)
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Logistics
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese l...
Mar 03, 2021 (Gmt+09:00)
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Artificial intelligence
JR AMC tipped to buy Amazon logistics center in Ohio
South Korea’s JR AMC Co. has been named the preferred buyer of Amazon’s last-mile logistics center in central Ohio, for which the Seoul-...
Feb 02, 2021 (Gmt+09:00)
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Earnings
POSCO likely to see strong 2021 following weak yearly performance
POSCO, the world’s fifth-largest steelmaker, is set to return to a strong performance this year following a lackluster 2020 hit by the fallout...
Jan 28, 2021 (Gmt+09:00)
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Logistics
Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City
South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...
Jan 14, 2021 (Gmt+09:00)
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Korean startups
Silicon Valley-based PnP sets sights on Korean smart city ventures
Plug and Play (PnP), a Silicon Valley-based startup accelerator, will team up with the city of Seoul to invest in South Korean venture firms with sm...
Jan 13, 2021 (Gmt+09:00)
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CES 2021
Amorepacific unveils AI-based cosmetics technology at CES 2021
South Korea-based Amorepacific Corp. has received the Innovation Award for its high-tech beauty technologies at the world's largest tech event, Cons...
Jan 12, 2021 (Gmt+09:00)
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Pension funds
CPPIB owns one-quarter of Korea’s listed logistics REIT
The Canada Pension Plan Investment Board (CPPIB) has emerged as the top shareholder in South Korea’s only listed logistics real estate inves...
Jan 06, 2021 (Gmt+09:00)
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Korean chipmakers
Korea’s chip exports to top $100 bn in 2021, second-best performance ever
South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...
Jan 05, 2021 (Gmt+09:00)
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Alternative investments
IGIS Asset, Hana buy $390 mn US Amazon logistics portfolio
South Korea’s IGIS Asset Management Co. and Hana Financial Investment Co. have jointly acquired three pre-completed logistics centers in the U...
Dec 21, 2020 (Gmt+09:00)
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Alternative investments
Korean investors buy Dutch logistics center using drones and smartphones
South Korea’s Kiwoom Securities Co. has acquired a new logistics center in the Netherlands for 180 billion won ($165 million) this year, relyi...
Dec 13, 2020 (Gmt+09:00)
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Private equity
MBK looks to exit China’s Apex Logistics for $1 bn
MBK Partners has begun the process to sell Apex Logistics, China’s leading air freight company, for about 10 times the amount of its investmen...
Dec 04, 2020 (Gmt+09:00)
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Alternative investments
NPS acquires $2 bn US logistics portfolio with Stockbridge
The National Pension Service has teamed up with the US-based Stockbridge Capital Group to acquire a $2 billion portfolio of logistics facilities in ...
Dec 04, 2020 (Gmt+09:00)
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Alternative investments
Vestas Investment launches $272 mn Europe logistics fund
South Korea’s boutique asset manager Vestas Investment Management Co. has pooled 300 billion won ($272 million) from four pension and retireme...
Nov 27, 2020 (Gmt+09:00)
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Artificial intelligence
Hana to reap over 10% IRR on $200 mn Poland logistics deals
South Korea’s Hana Alternative Asset Management Co. has decided to exit from two Amazon-leased logistics centers in Poland for around 240 bill...
Nov 26, 2020 (Gmt+09:00)
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Earnings
Kospi-listed companies perform well, even without Samsung
Kospi-listed companies’ operating profits have turned bullish in the third quarter compared to the year-earlier period, swinging back from the n...
Nov 18, 2020 (Gmt+09:00)
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Leadership & Management
LG Group ex-chair eyes spin-off of trading, logistics units
LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...
Nov 16, 2020 (Gmt+09:00)
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Biomaterials
LG Chem, Neste join forces to make bio-based synthetic resins
LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...
Nov 05, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Samyang joins bid to acquire US-based chemical maker Emerald Kalama
Samyang Holdings Corporation, a South Korean manufacturer of food and chemical products, has joined the bid to acquire US-based Emerald Kalama Chemica...
Nov 01, 2020 (Gmt+09:00)
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Business tie-ups
Naver, CJ ink $531 mn deal on entertainment content, logistics
South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...
Oct 27, 2020 (Gmt+09:00)
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Korean Teachers' Credit Union
Korean teachers' fund pockets sweet returns from US cloud-based platform
The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...
Oct 12, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eyeing to sell Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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Alternative investment
Korea Investment acquires California-based office building worth $86 mn
Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...
Oct 05, 2020 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet