Global Expansion
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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South Korea’s low fertility rate is ‘no joke’—and that’s pushing a Korean pizza startup to go global fast
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DB Insurance outshines domestic rivals in global business
Financial Supervisory Service Governor Lee Bok-hyun (fifth from left) poses with CEOs of South Korean insurance companies after a meeting…
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Lotte chief bets on K-food boom for global expansion
Premium Ghana Chocolate by Lotte Wellfood (Courtesy of Lotte Wellfood) A bubble gum maker-turned-multinational retail-to-chemical business empire Lotte Group is…
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Asan Nanum Foundation to hold startup competition in November
(Courtesy of Asan Nanum Foundation) The Asan Nanum Foundation announced on Wednesday that it will hold a demo day for…
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Mirae Asset named as Best Securities House in S.Korea by Euromoney
Headquarters of Mirae Asset Group in Seoul Mirae Asset Securities announced on Thursday that it has been named “Best Securities…
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LVMH, OpenAI, LG deepen ties with startups in S.Korea
MarqVision co-founder and CBO DK Lee (center from right) speaks on the stage (Courtesy of MarqVision) South Korean startups and…
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One Store vows to crack Apple, Google-led app market with localization
One Store CEO Jeon Dong-jin introduces Taiwan-targetted One Store app market on Aug. 28, 2024 (Courtesy of One Store) One…
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Hanjin to provide logistics services for S.Korean SMEs in Vietnam
South Korea’s Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise…
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Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group founder and Global Strategy Officer Park Hyeon Joo (File photo by Hyuk Choi) Mirae Asset Group, the…
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Google to target global webtoon sector with Korean creators
(Captured from Dashtoon website) BENGALURU – Google teamed up with South Korean creators to target the global webtoon industry, spurring…
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Korean shipbuilder Samsung Heavy resumes its Asia push
Samsung Heavy Industries’ Geoje Shipyard (Courtesy of Samsung) Samsung Heavy Industries Co., a leading South Korean shipbuilder, is set to…
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NCSOFT taps ex-Pearl Abyss US head to lead N.America unit
Jin Jeonghee was appointed as the new head of NC America NCSOFT Corp., South Korea’s major gaming company, said on…
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PUBG’s Krafton taps ex-Apple, Samsung execs for global business
(File photo by Krafton) South Korean gaming giant Krafton Inc., renowned for its mega-hit PlayerUnknown’s Battlegrounds (PUBG), hired former executives…
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NCSOFT invests in Swedish game startup Moon Rover Games
NCSOFT released its new fighting game Battle Crush in July 2024 (Courtesy of NCSOFT) NCSOFT Corp., a South Korean game…
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Colosseum poised for next leap with global push
Colosseum FDs inside a fulfillment center (Courtesy of Colosseum) Colosseum Corporation Inc., a fulfillment startup based in South Korea, has…
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AI to drive Mirae Asset’s next-phase growth: chairman
Park Hyeon-joo, founder and chairman of Mirae Asset Financial Group Mirae Asset Group is a pioneer in South Korea’s mutual…
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Jollibee to acquire Korea’s Compose Coffee in $340 mn deal
Compose Coffee ad featuring BTS member V (File photo, courtesy of Compose Coffee) Jollibee Foods Corp., the Philippines’ largest fast-food…
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AI plagiarism detection startup muhayu eyes IPO in 2026
South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public offering…
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Korea’s top resort operator Sono buys T’way stake for $76 mn
(File photo, courtesy of T’way Air) South Korea’s top resort operator Sono International Co. bought a stake in T’way Air…
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Ediya Coffee expands to Malaysia following Guam
Ediya Coffee Chairman Moon Chang-ki (third from the left) poses at the master franchise agreement signing ceremony South Korea’s homegrown…
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Kookmin to revive Indonesian banking arm with digitalization
Kookmin Bank builts a community library in Indonesia in December 2023 (Courtesy of Kookmin Bank) KB Bukopin, the Indonesian banking…
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Samsung to deepen foray in US HVAC market with Lennox
Samsung Electronics booth at the 2024 AHR Expo in Chicago, US (Courtesy of Samsung Electronics) Samsung Electronics Co. will set…
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Hotel Lotte resumes global push with management deals
Lotte World Tower in which Signiel Seoul is located (Courtesy of Hotel Lotte) Hotel Lotte Co., South Korea’s leading hospitality,…
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Korean banks broaden horizons to Mexico, Poland, Africa
Kookmin Bank’s branch in Cambodia South Korean banks are broadening their horizons into Mexico, Poland and Africa beyond Asia in…
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Tata, Korea’s Woori to expand car finance services in Asia
Woori Financial Group Chairman and CEO Yim Jong-Yong (left), Tata Motors President and head of commercial vehicle business unit Girish…
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Korea’s Koh Young to launch brain surgery robot in US in 2025
The Kymero, Koh Young’ neurosurgical robot (Courtesy of Koh Young) Koh Young Technology Inc., a South Korean developer of 3D…
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Hasty overseas expansions hurt Korean entertainment sector
Ariana Grande (left) and Justin Bieber, pop stars of Ithaca acquired by HYBE (File photo, courtesy of Reuters via Yonhap…
