Innocean to cooperate domestic EV charging company for marketing

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...

SK Telecom enters next-generation broadcasting platform market in US

South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...

Aespa, other SM artists to join BTS' K-pop fan platform

SM Entertainment Co.'s artists such as aespa and NCT are set to join HYBE Co.'s fan engagement service., boosting the competitiveness of the platfor...

S.Korea plans to make digital platform gov't based on large-scale AI

South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...

S.Korea’s Musinsa sees sales grow 54% in 2022 to $537 mn

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

Luxury fashion platform Balaan faces thinning coffers amid mounting loss

Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...

Naver launches image-generating platform Lasco AI

Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market, challenging its ar...

S.Korea's airlines boosting staff amid recovering demand for overseas travel

South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...

Hanjin to open pop-up store for S.Korean fashion brand in LA

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it will hold a pop-up event to promote domestic e...

Chanel watches make world's 1st online debut in Korea

Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...

Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice

The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online co...

S.Korean Openedges’ chip IP licensed by Toyota affiliate Aisin

Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Wednesday that it has entered into a vehic...

KG Mobility focuses on electric vehicle platform, self-driving tech

South Korea's KG Mobility (formerly Ssangyong Motor Co.) says it will actively target not only Europe and the US but also niche markets in emerging ...

Hyundai Autoever, Avikus jointly develop self-sailing ship solution

South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...

Kurly seeks fresh funding at half its peak valuation

Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...

KT launches cloud-based engineering platform

KT Corp., South Korea's largest telecommunications company, announced the launch of its cloud-based high-performance engineering platform service on...

S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export

Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...

Rolex resale prices tumble as the wealthy young tighten belts

The most sought-after luxury items such as Rolex watches and Chanel bags are selling at a much lower premium, or even below their original prices in...

Biosimilar giant Celltrion to transform into drug developer

South Korean biosimilar giant Celltrion Group aims to transform into a drug developer by generating 40% of sales from new medicines by 2030 as it is...

CJ OliveNetworks launches API marketplace platform API Plex

CJ OliveNetworks, an ICT subsidiary of South Korea's CJ Group, said on Tuesday that it has launched an application programming interface (API) marke...

Kakao will launch Korean-specific vertical AI in year's first half

Kakao Corp., South Korea’s platform giant operating the country’s No. 1 chat app KakaoTalk, by the first half of the year will launch an...

Kobiolabs, Kakao Healthcare to explore microbiome-based precision medicine solutions

Kobiolabs Co., South Korea's new drug development company for microbiomes, announced on Tuesday that it has signed a memorandum of understanding for...

Hanjin launches global C2C purchase platform Hoot Town

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

S.Korea's Amorepacific opens new space in metaverse

Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...

Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's

Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...

S.Korean fashion platform Ably attracts $39 mn before Series C round

South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...

Kakao Mobility buys UK ride-hailing startup Splyt for global biz

South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...