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BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia
CU’s first Kazakhstan convenience store outlet in Almaty Kazakhstan, a Central Asian country 27 times the size of South Korea,…
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Amorepacific’s Hera enters Thai market
South Korea’s Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August…
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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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Korean e-commerce startup funding sharply drops since 2022
Cardboard boxes of online shopping concept (Courtesy of Getty Images) South Korean e-commerce companies have seen a sharp decline in…
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GS25 to challenge Daiso in low-cost cosmetics market
South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic…
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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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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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S.Korea fines AliExpress $1.4 mn for alleged privacy breach
AliExpress ad in South Korea South Korea’s privacy authority punished AliExpress including a fine of $1.4 million for allegedly not…
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Paldo enters S&R, Puregold in Philippines
South Korea’s food and beverage company Paldo is strengthening its competitiveness in the Philippine market. Paldo announced on Thursday that…
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Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Lotte Group Chairman Shin Dong-bin (left) at the 2024 Lotte Investment Showcase, a gathering of in-house and independent startups Shin…
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More luxury brands seek Korean market on sales surge
Consumers walking on the street in Cheongdam-dong, an affluent neighborhood in southern Seoul South Korea’s luxury goods market, estimated at…
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Lotte Dept. Store introduces AI for internal operations
South Korea’s Lotte Department Store announced on Sunday that it will introduce artificial intelligence (AI) across all internal operations, aiming…
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Lotte Home Shopping’s Bellygom debuts in Taiwan, Japan
South Korea’s Lotte Home Shopping announced on Wednesday that its character Bellygom will enter the Taiwanese and Japanese content market,following…
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Samsung, SK Hynix lead value increase in NPS’ local shares in Q2
Image of Samsung’s high bandwidth memory chip HBM3E 12H DRAM (Courtesy of Samsung) The second-quarter rally of Samsung Electronics Co.…
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Gmarket CEO vows to reclaim top with know-how from Alibaba, Coupang
Gmarket’s offline sales event in Seoul (File photo, courtesy of Gmarket) A new chief executive of South Korea’s Gmarket Inc.…
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NPS-backed new prime office in Seoul struggles with poor demand
Image of Magok One Grove to be constructed by August 2024 (Photo file, courtesy of CBRE Korea) South Korea’s National…
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S.Korea’s travel money card market competition heats up
Departure terminal of Incheon International Airport, South Korea’s main gateway, on May 3, 2024 (File photo by Hyuk Choi) Competition…
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Fried chicken chain bhc opens 5th, 6th store in Thailand
South Korean fried chicken chain bhc Chicken announced on Monday that it opened its fifth and sixth stores in Thailand.…
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Lotte Home Shopping to enter health functional food market
South Korea’s Lotte Home Shopping announced on Monday that it plans to establish a joint venture, The Edition Health, with…
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d’Alba maker Bmonument, Memebox, Easytem line up for Korean IPOs
Bmonument’s d’Alba brand is a fast-growing Korean beauty brand (Screenshot captured from its website) South Korea’s promising beauty and healthcare…
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Korean IT firms prefer engineers with business capabilities
Female software engineer writing code on desktop computer with multiple screens setup in coworking office space (Courtesy of Getty Images…
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KGC enters Malaysian healty functional food market
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., announced on June 13 that it sells…
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Affluent Gen Xers lead e-commerce shopping in South Korea
(Courtesy of Getty Images) Affluent Generation Xers, also pioneers in the digital landscape who navigated the early days of personal…
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Shinhan Card, Canada’s Alberta to co-work for tourism
South Korea’s Shinhan Card Co. announced on Wednesday that it signed a strategic business agreement with the provincial government of…
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HYBE accelerates transition into platform company
(Courtesy of Yonhap) HYBE Co. is accelerating its push to transform into a platform company as it is set to…
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Lotte Home Shopping to unveil Bellygom game
South Korea’s Lotte Home Shopping announced on Monday that it will release a mobile game called Bellygom Match Land, leveraging…
