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Fashion ODM Pond Group buys K-beauty retailer Most
Adidas Bukchon Heritage Store in Seoul. Pond is an ODM of Adidas Pond Group, a South Korean original design manufacturing…
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CHA Healthcare incorporates Singapore’s SMG as subsidiary
South Korea’s CHA Healthcare Co., CHA Biotech’s overseas medical business affiliate incorporated Singapore’s SMG as a subsidiary. CHA Healthcare announced…
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IMBiologics transfers autoimmune disease drug tech to Huadong Pharma
South Korea’s antibody-based biotech company IMBiologics announced on Friday that it signed a contract to transfer the technology of its…
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Acquisition loan rates dip to pre-pandemic levels in S.Korea
(Courtesy of Getty Images) Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level,…
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7-Eleven ratchets up sports marketing to take on GS25, CU
A long line forms outside 7-Eleven’s pop-up store within Lotte World Tower 7-Eleven, the third-largest convenience store chain in South…
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Hyundai to develop EREV powertrain for electric pickup, Santa Fe, GV70
Hyundai Motor’s Santa Cruz pickup South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a…
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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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Half of imported EVs in Korea run on Chinese batteries as EV fires rise
Police are investigating the cause of a fire involving a Mercedes-Benz EV in Incheon, Korea Of 58 electric vehicle models…
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Kakao to launch conversational AI platform for B2C commerce
Kakao’s headquarters in Seoul (Courtesy of Yonhap) South Korean mobile platform giant Kakao Corp. said on Thursday that it will…
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NCSOFT teams up with Vietnamese unicorn VGN for SE Asia
Lineage2M (Fiule photo captured from NCSOFT website) South Korea’s gaming behemoth NCSOFT Corp. set up a joint venture with Vietnamese…
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Seoul Semiconductor overtakes Japan’s Nichia as top backlight LED maker
Seoul Semiconductor showcases its future technologies at the Society for Information Display’s Display Week 2023 in Los Angeles South Korea’s…
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South Korean stocks rebound but on rollercoaster ride
Kospi and Kosdaq rebounded on Aug. 6, 2024 from the previous day (Courtesy of Yonhap) South Korean stocks on Tuesday…
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South Korea enjoys record-high kimchi exports in first half
Bibigo kimchi by CJ CheilJedang (Courtesy of CJ) South Korea’s kimchi exports surged to an all-time high for a six-month…
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Korean cosmetics, Amazon Prime Day’s top beauty products
(Captured from the Cosrx store at Amazon.com) South Korean cosmetics were top picks among beauty products of Amazon Prime members…
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LG Display to sell its last LCD plant to CSOT for around $1.5 bn
LG Display’s LCD plant in Guangzhou, China (Courtesy of LG Display) South Korea’s LG Display Co. plans to sell its…
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IONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car…
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South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo
A nuclear power plant operated by Korea’s KHNP South Korea has embarked on a 44.5 billion won ($32.3 million) project…
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Korea extends rescue funds as Qoo10 CEO apologizes for payment delays
Headquarters of WeMakePrice and TMON in Seoul (Courtesy of Yonhap) South Korea on Monday came up with a plan to…
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F&F to expand Discovery brand across Asia
F&F Co., a South Korean clothing company, said on Monday it signed an exclusive deal with Warner Bros. Discovery (WBD)…
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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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Baemin founder sets out for new trophy platform
Stayfolio Kim Bong-jin, a former chairman and chief executive officer of Woowa Brothers Corp., the operator of South Korea’s No.…
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China, LG H&H’s pain in the neck amid global K-beauty boom
Chinese internet influencers at LG H&H’s launch event for new product of The Whoo in Shanghai in August 2023 (File…
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LG CNS, Aeon to collaborate on EdTech in Japan
South Korea’s LG CNS announced on Thursday it signed a memorandum of understanding (MOU) with Aeon, an education company operating…
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Huonslab eyes speedy anticancer drug delivery with new patent
Huons Global’s headquarters in Pangyo, Gyeonggi Province in Korea (Courtesy of Huons) South Korean biotech Huons Global Co. said on…
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Hyundai eyes Japan’s commercial EV market with e-bus deal with Iwasaki
Cho Won-sang (right), head of Hyundai Mobility Japan, and Iwasaki Group CEO Yoshitaro Iwasaki sign an LOI on the Elec…
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Kakao Mobility launches overseas car rental service
South Korean mobility platform Kakao Mobility said on Monday that it launched an overseas car rental service accessible through its…
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KB Kookmin Bank adds Indonesian to banking platform
South Korea’s KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking…
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Korea’s foreign currency savings snap 5-mth losing streak
Piles of dollar notes Foreign currency deposits in South Korea increased in June, snapping their losing streak in the past…
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Pulmuone’s Tofu Bar sold 70 mn units in Japan
Asahiko, the Japanese subsidiary of South Korea’s Pulmuone, announced on Friday that its protein snack Tofu Bar has sold more…
