son of CJ Group Chairman Lee Jae-hyun
Scope
Date
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Retail
Gmarket, CJ Logistics to launch guaranteed delivery date service
Gmarket Inc., an e-commerce arm of South Korea’s Shinsegae Group, said on Monday it will roll out a service to deliver products on the custome...
Sep 23, 2024 (Gmt+09:00)
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Food & Beverage
BBQ Chicken to enter Indonesian market
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...
Sep 23, 2024 (Gmt+09:00)
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K-pop
Aespa to release its new album ‘Whiplash’ in October
K-pop girl group aespa is aiming to follow up its hit song “Supernova” with a string of hits with its new album “Whiplash."Managem...
Sep 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor Group becomes KT's largest shareholder
Hyundai Motor Group has officially become the largest shareholder of South Korea's major telecommunications company KT Corp., following a public int...
Sep 20, 2024 (Gmt+09:00)
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Markets
LX Pantos founder’s son sells shares to LX International for $37 mn
The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...
Sep 16, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Home Shopping, Asahi to cooperate on health functional food biz
South Korea's Lotte Home Shopping signed an exclusive agreement with Japan's Asahi Group Foods to supply and sell health functional food ingredients...
Sep 12, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion earmarks billions of dollars to build CDMO plant: chairman
Celltrion Inc., South Korea’s largest biosimilar maker, will spend several billion dollars to build a factory to crack the contract developmen...
Sep 11, 2024 (Gmt+09:00)
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Logistics
CJ Logistics joins hands with Affinity for third-party logistics
CJ Logistics announced on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Affinity Equity Partners.Affinity is a glo...
Sep 11, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion chairman announces venture into CDMO market
South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the com...
Sep 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems, WB Group to collaborate on SAR satellites
South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...
Sep 09, 2024 (Gmt+09:00)
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Corporate strategy
Lotte to foster Pepero as global brand by 2035: Chairman Shin
Lotte Group has selected Pepero — a thin chocolate-covered stick cookie — as the first brand that it will foster into one of the world&r...
Sep 08, 2024 (Gmt+09:00)
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ESG
LG Group publishes 2023 ESG Report
LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...
Sep 05, 2024 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young, Musinsa rivalry heats up in Brooklyn of Seoul
South Korea’s top beauty chain CJ Olive Young Corp. is turning up the heat against Musinsa to contain the rise of the country’s No. 1 on...
Sep 05, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha signs MOU with WB Group for $2 bn Polish submarine project bid
Hanwha Ocean Co. said on Wednesday it has signed an initial agreement on business cooperation with Polish defense firm WB Group to raise its chances...
Sep 04, 2024 (Gmt+09:00)
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Retail
E-Mart, CJ CheilJedang to beef up strategic partnership
CJ CheilJedang Corp., South Korea’s largest food company, said on Wednesday it will increase the number of food products exclusively launched ...
Sep 04, 2024 (Gmt+09:00)
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Business & Politics
Hyundai Motor Group to nurture young talent in Indonesia
Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...
Sep 04, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung SDS AI service FabriX to launch on Microsoft Azure platform
Samsung SDS Co., the information technology service unit of Samsung Group, said on Tuesday it plans to launch its AI service FabriX on Microsoft Cor...
Sep 03, 2024 (Gmt+09:00)
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Electric vehicles
Toyota chairman to visit Seoul, discuss hydrogen cars with Hyundai’s Chung
Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...
Sep 02, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai establishes foundation for shipyard accident victims
South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...
Sep 02, 2024 (Gmt+09:00)
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Korean food
CJ CheilJedang launches protein snack O-right Tempeh Chips in Thailand
CJ CheilJedang Corp. accelerates its business expansion in Thailand with a new protein snack.CJ CheilJedang announced on Monday that it has launched...
Sep 02, 2024 (Gmt+09:00)
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K-pop
NewJeans surpasses 5 billion cumulative Spotify streams
K-pop girl group NewJeans has surpassed five billion combined streams on Spotify, the world's largest music platform, its agency, Adore, announced o...
Sep 02, 2024 (Gmt+09:00)
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Bio & Pharma
SK Group’s 3rd-generation daughter comes to the fore
Chey Yoon-chung, the eldest daughter of SK Group Chairman Chey Tae-won, unexpectedly made her debut during an SK Biopharmaceuticals Co. video confer...
Aug 30, 2024 (Gmt+09:00)
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Companies
Hyundai Mobis showcases 42 new techs utilizing AI, VR
South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...
Aug 29, 2024 (Gmt+09:00)
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Corporate restructuring
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
Aug 25, 2024 (Gmt+09:00)
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Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
Aug 23, 2024 (Gmt+09:00)
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Pension funds
NPS to veto SK Innovation’s merger with LNG affiliate
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, said on Thursday it is set to ve...
Aug 23, 2024 (Gmt+09:00)
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E-commerce
CJ ENM’s CJ Onstyle bets big on live commerce
CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., will embark on mobile li...
Aug 23, 2024 (Gmt+09:00)
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Corporate strategy
AI-driven shifts will unlock opportunities: SK Chairman
Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...
Aug 22, 2024 (Gmt+09:00)
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Blockchain
SY Lee: A Korean startup creator who fetched $80 mn for Story Protocol
Seung Yoon Lee, a South Korean startup creator, was in his early 20s when he co-founded Radish Fiction Inc., a US-based mobile fiction platform, in ...
Aug 22, 2024 (Gmt+09:00)
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Electric vehicles
EV firefighting startup Lee Mobility gets seed round
South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...
Aug 21, 2024 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess