E-737 Peace Eye AEW
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IPOs
Top travel platform Yanolja eyes Q2 IPO review, listing by year-end
South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarte...
Mar 01, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience eyes $900 mn annual sales from vaccine business
South Korea’s SK Bioscience Co. is looking to post 1 trillion won ($900 million) in annual revenue from its vaccine business as the biopharmac...
Feb 23, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech
South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...
Feb 23, 2021 (Gmt+09:00)
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IPOs
Kakao's edtech startup eyes 2022 listing
South Korea-based edtech startup Yanadoo is the latest affiliate of Kakao Corp., the country's largest messaging app operator, to prepare for an ini...
Feb 22, 2021 (Gmt+09:00)
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Private equity
E-commerce platform TMON raises $276 mn in pre-IPO share sale
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its pre-IPO share sale ...
Feb 19, 2021 (Gmt+09:00)
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Celltrion eyes COVID-19 vaccine development
South Korea-based Celltrion Inc. has alluded to the possibility of developing a COVID-19 vaccine on the grounds that securing a vaccine is essential...
Feb 19, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s Optrontec eyes growth in optical lens sales as EVs take off
Optrontec Inc., a small South Korean manufacturer and provider of optical filters, lenses and three-dimensional sensing technology, has been ramping...
Feb 16, 2021 (Gmt+09:00)
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IPOs
Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO
A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...
Feb 15, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders to hike newbuilding prices; Daewoo eyes $1 bn deal
South Korea’s major shipbuilding companies are set to benefit from rising newbuilding prices, brightening the outlook for an improvement in th...
Feb 05, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK E&S to sell 49% stake in city gas businesses; valued over $900 mn
South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...
Feb 03, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK E&S to sell 49% stake in city gas businesses; valued over $895 mn
South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...
Feb 02, 2021 (Gmt+09:00)
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Investment Fund
SK, China’s Geely eye investment fund for hydrogen, eco-friendly business
South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...
Jan 27, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
SM Line eyes H2 IPO on Korean bourse, aims to expand US trade
South Korea’s SM Group, formerly known as Samla Midas Group, is pushing for an initial public offering of its merchant liner, SM Line Corp., o...
Jan 25, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Vingroup eyes LG’s smartphone business: Reports
Vietnam’s largest conglomerate Vingroup is interested in acquiring part of LG Electronics Inc.’s smartphone operation to bolster its hig...
Jan 22, 2021 (Gmt+09:00)
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Korean startups
S.Korea's online fashion platform eyes global expansion
Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean co...
Jan 21, 2021 (Gmt+09:00)
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Batteries
LG Energy Solution to begin IPO process, eyes H2 listing on local bourse
LG Chem Ltd.’s battery unit, LG Energy Solution, is set to become this year’s initial public offering blockbuster with its plan to list ...
Jan 10, 2021 (Gmt+09:00)
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IPOs
Coupang eyes Nasdaq listing in Q2
South Korea’s leading e-commerce giant Coupang Corp. is preparing for a trading debut on the Nasdaq in the second quarter, by which the compan...
Jan 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
E-commerce giant eBay kicks off $4.6 bn sale of eBay Korea
E-commerce giant eBay Inc. has officially kicked off the sale process of eBay Korea Co., valued up to 5 trillion won ($4.6 billion), with its sa...
Jan 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Samsung Elec draws attention with $92 bn in idle cash
Samsung Electronics Co., sitting on a cash pile of 100 trillion won ($92 billion), has been absent in global M&A markets over the past few years...
Dec 31, 2020 (Gmt+09:00)
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Year-end review
Korea’s retail investors go West, eye golden ticket for big money
For South Korean stock investors, 2020 may go down in history as the year of The Great Quest for big money, and at the end of their journey they fou...
Dec 31, 2020 (Gmt+09:00)
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Overseas orders
Daewoo E&C wins $3.1 bn in orders from Iraq, Mozambique
Daewoo Engineering & Construction Co. has racked up two orders totaling $3.1 billion from Iraq and Mozambique to build a port and an LNG train, ...
Dec 24, 2020 (Gmt+09:00)
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Interview
D.CAMP eyes tech startups for global expansion
D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in glo...
Dec 23, 2020 (Gmt+09:00)
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Korean stock market
Kosdaq at 20-yr high, eyes opportune moment to emerge from bush league
Twenty years ago today, South Korea’s tech-heavy Kosdaq was reeling from the bursting of the IT bubble, with the junior market’s benchma...
Dec 18, 2020 (Gmt+09:00)
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Cloud computing
Korea’s cloud management firm Bespin Global considers Nasdaq listing
Bespin Global, a South Korean cloud technology consulting and management company, is considering listing its shares on the US tech-heavy Nasdaq mark...
Dec 17, 2020 (Gmt+09:00)
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Batteries
POSCO Chem eyes No.1 spot in battery materials sector
South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...
Dec 15, 2020 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics buys land in Austin, eyes foundry expansion
Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...
Dec 09, 2020 (Gmt+09:00)
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Interview
Korea’s KIP eyes Europe, China VC fund launches in 2021
Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...
Dec 07, 2020 (Gmt+09:00)
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Korean games
S.Korean games, entertainment eye China return after 3-year ban
South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...
Dec 04, 2020 (Gmt+09:00)
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Batteries
POSCO aims for top spot in EV battery materials market
Electric car batteries are often dubbed as "another semiconductor" in South Korea, a reference to the importance of semiconductor chips, key drive...
Dec 03, 2020 (Gmt+09:00)
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Latest News
- 1 Alipay’s rise puts Korea on alert to private data breaches
- 2 GS E&C plans to sell entire stake in GS Elevator to Chinese firm
- 3 Hanwha Aerospace to spin off non-core units for defense sector
- 4 SK Telecom releases Liberation Day remastering video
- 5 LG seeks to supply tandem OLED to Bentley, Cadillac