Chinese online platforms
Scope
Date
~
-
Private equity
Korea's STX denies rumors it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...
Sep 15, 2023 (Gmt+09:00)
-
Healthcare
Lotte Healthcare to launch AI-based health management platform
South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...
Sep 15, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
LG Uplus pet care platform's subscribers exceed 300,000
South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...
Sep 14, 2023 (Gmt+09:00)
-
Bio & Pharma
AriBio to sell dementia drug AR1001 in China with partner
South Korea's clinical-stage biotech company AriBio Co. on Wednesday said it signed a memorandum of understanding on strategic cooperation with Chin...
Sep 13, 2023 (Gmt+09:00)
-
Artificial intelligence
Naver, Hotel Shilla to collaborate for AI and cloud
South Korean leading luxury hotel and retail operator Hotel Shilla has entered into a strategic partnership with internet giant Naver Corp. The coll...
Sep 12, 2023 (Gmt+09:00)
-
Steel
POSCO Holdings to strengthen collaboration with SNU
South Korea's POSCO Holdings Inc. signed a memorandum of understanding (MOU) for comprehensive industry-academia collaboration with Seoul National U...
Sep 11, 2023 (Gmt+09:00)
-
Artificial intelligence
KT, SingPost to team up for AI-based digital logistics
South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...
Sep 11, 2023 (Gmt+09:00)
-
Artificial intelligence
Kakao Mobility to build mobility-customized GenAI platform
South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...
Sep 08, 2023 (Gmt+09:00)
-
Travel & Leisure
Over 130 Chinese travel industry officials visit S.Korea
Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...
Sep 06, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Kakao Mobility to collaborate with Indonesia on digital economy
South Korea's Kakao Mobility announced on Tuesday that it is discussing ways to collaborate on building the digital ecosystem with major platform co...
Sep 05, 2023 (Gmt+09:00)
-
Business & Politics
S.Korea woos Chinese visitors via temporary e-visa fee exemption
South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...
Sep 05, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
SK Ecoplant to supply fuel cells to Singapore data center
South Korea's SK Ecoplant will supply solid oxide fuel cells (SOFC) for the power supply system of a data center to be built in Singapore by GDS, Ch...
Sep 04, 2023 (Gmt+09:00)
-
Electronics
LG Elec to fend off challengers with tech supremacy: H&A Head Ryu
LG Electronics Inc., the South Korean home appliance giant that is also the world’s No. 1 home electronics seller, is sure it can hold its mar...
Sep 03, 2023 (Gmt+09:00)
-
ESG
LG Group manages ESG information like financial data
LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...
Sep 01, 2023 (Gmt+09:00)
-
Travel & Leisure
Duty-free shops in Jeju welcome return of Chinese cruise tourism
For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...
Sep 01, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
SK eyes $1 bn gains from Chinese copper foil firm exit
SK Inc. has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in...
Aug 31, 2023 (Gmt+09:00)
-
Travel & Leisure
Foreign visitors to S.Korea in July surpass 1 mn post-COVID-19
The number of foreign tourists visiting South Korea has exceeded 1 million in a month for the first time since the outbreak of COVID-19. According t...
Aug 30, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
Fosun to cash out of K-beauty firm Nature&Nature for $38 mn
Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...
Aug 30, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Webcash launches WeBill 365 in Cambodia
South Korea's Webcash Co. has launched its specialized billing solution "WeBill 365" in Cambodia."WeBill 365 maximizes convenience and efficiency fo...
Aug 30, 2023 (Gmt+09:00)
-
Aerospace & Defense
LIG Nex1 participates in drone road show in Riyadh
South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...
Aug 30, 2023 (Gmt+09:00)
-
Bio & Pharma
Voronoi to strengthen AI-driven open innovation
South Korea’s biotechnology startup Voronoi Inc. announced on Monday that it is intensifying its artificial intelligence (AI)-driven new drug ...
Aug 28, 2023 (Gmt+09:00)
-
Batteries
Korean firms fret over growing adoption of Chinese LFP batteries
South Korea’s three major battery makers – LG Energy Solution Ltd., SK On Co. and Samsung SDI CO. – are increasingly anxious about...
Aug 28, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
LG Uplus’ platform push gains traction with active venture funding
LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expand non-telecom servi...
Aug 28, 2023 (Gmt+09:00)
-
Retail
S.Korea's duty-free sector expects boom from Chinese tourists' return
South Korea's duty-free stores are over the moon thanks to the resumption of Chinese group tours after a hiatus of six years and five months, with m...
Aug 28, 2023 (Gmt+09:00)
-
Retail
Cuckoo Electronics' duty-free sales in July surge by 592%
South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...
Aug 25, 2023 (Gmt+09:00)
-
Electronics
Samsung launches AI-based diet suggestion platform
Samsung Electronics Co. has launched Samsung Food, an integrated food platform that offers a personalized eating experience and connects to the comp...
Aug 25, 2023 (Gmt+09:00)
-
Artificial intelligence
Naver eyes global market with new LLM HyperCLOVA X
Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...
Aug 24, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung’s tie-up with VMware to strengthen SSD competitiveness
LAS VEGAS – Samsung Electronics Co. has partnered with US cloud software provider VMware Inc. to strengthen its competitiveness in the next-ge...
Aug 24, 2023 (Gmt+09:00)
-
Korean stock market
Korean exodus from China funds amid deepening property crisis
South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...
Aug 23, 2023 (Gmt+09:00)
-
Corporate restructuring
LG Chem to sell film factories amid shift to new growth drivers
LG Chem Ltd., South Korea’s chemical major, is seeking to sell its film factories at home amid accelerating business reorganization centered a...
Aug 23, 2023 (Gmt+09:00)