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MBK’s Lotte Card sale gains momentum amid Homeplus fallout
Lotte mobile card interface (Courtesy of Lotte Card) North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte…
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Korea’s top cinema chains seek merger to counter box office slump
Lotte Cinema and Megabox are South Korea’s second- and third-largest multiplex chains, respectively (Courtesy of Yonhap) South Korea’s two leading…
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Bat-beating, lottery scams: 97 gang members arrested in mass Incheon bust
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I have not been to Lotte folks museum for nearly 20 years; I swear this is the same guy
Currently residing in US; I was recently on the vacation to Korea and thought it would be fun to visit…
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India: The most tantalizing frontier for K-food’s global ambitions
K-pop girl group NewJeans is the global brand ambassador of Pepero, Lotte Wellfood’s iconic chocolate-covered pretzel stick South Korea’s processed…
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Orion behind original Choco Pie to invest $580 million in new plants
Orion Choco Pie (Courtesy of Orion) Orion Corp., a South Korean confectionery and snack manufacturer, will pour in 830 billion…
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IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1
A panoramic view of the Songdo 11th District, South Korea’s biotechnology industry hub (Courtesy of IFEZ) The Incheon Free Economic…
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MBK sees better exit landscape in 2025, bets on governance reform
Michael ByungJu Kim (second from right), founder and chairman of MBK Partners MBK Partners sees a recovery in the exit…
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UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
(Courtesy of Getty Images) UBS Group AG, the frontrunner in South Korea’s M&A market last year, retained the top position…
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Affinity Equity set to close $1.1 bn purchase of Lotte Rental
Affinity Equity aims to transform Lotte Rental and SK Rent-a-Car into mobility service providers Affinity Equity Partners said on Friday…
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Meritz leaps to No. 2 financial holding firm in S.Korea
Meritz Financial Group headquarters building in Seoul Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea,…
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Aespa’s Stage Presence really hasn’t improved as much as people say
To preface this, I want to say that I do stan aespa and have recently went to their concert in…
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Lotte Chemical nears offloading Pakistani unit as part of restructuring
Lotte Chemical Pakistan Ltd.’s plant and employees (Courtesy of LCPL) Lotte Group, South Korea’s sixth-largest conglomerate, is speeding up its…
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Lotte World to open new MapleStory-themed area at park
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Which Korean courier to do you prefer?
I have my preference, but which [major] courier do you prefer? Just out of sheer curiosity. What makes a company…
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SM donates a portion of aespa’s LA concert to wildfire relief efforts!
Not much to say here really but it’s just so great to see SM being very proactive in these efforts!…
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Korean law firms’ 2024 revenue soars on M&As, management disputes
(Courtesy of Getty Images) South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown…
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Coupang, Naver in neck and neck race to lead S.Korea’s e-commerce market
Coupang Inc. and Naver Corp., the top two players in the South Korean e-commerce market, are expected to further tighten…