Japanese variety store
Scope
Date
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Private equity
MBK to further slim down Homeplus before exit
MBK Partners has put one of the large store buildings of South Korea's supermarket chain Homeplus up for sale as part of an ongoing effort to improv...
May 10, 2022 (Gmt+09:00)
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Metaverse
SK Telecom to launch metaverse platform in Europe
South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...
May 09, 2022 (Gmt+09:00)
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Retail
GS Retail shares tumble as new services widen losses
Shares in South Korea's GS Retail Co. suffered their worst percentage fall in nearly five years on May 6, after the convenience store operator's fir...
May 08, 2022 (Gmt+09:00)
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Retail
Lotte Duty Free to open downtown store in Sydney
South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...
May 04, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis taps two Japanese auto experts to boost sales
South Korea’s Hyundai Mobis Co. has tapped two Japanese auto experts to accelerate its business in Japan, the company announced on April 27. T...
Apr 28, 2022 (Gmt+09:00)
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Korean food
CJ steps up US exports with new instant rice bowls
South Korea's food and beverage giant CJ CheilJedang Corp. on April 21 began shipment of its new Hetbahn instant rice products for US consumers from...
Apr 21, 2022 (Gmt+09:00)
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Food & Beverage
Korean firewater lures more young Japanese
South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...
Apr 20, 2022 (Gmt+09:00)
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Upcoming IPOs
One Store refiles IPO application, changing peer group list
One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...
Apr 18, 2022 (Gmt+09:00)
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Food & Beverage
Pokémon stickers are back for nostalgic Koreans
SEOUL—Jeong Bo-ram’s new fascination has him chasing mass-produced pastries, delivery trucks—and his childhood memories.His targets ...
Apr 18, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LS Group may raise stake in LS-Nikko Copper to 90%
South Korea's LS Group is considering buying an additional stake in LS-Nikko Copper Inc. to boost its stake in the world’s second-largest elec...
Apr 14, 2022 (Gmt+09:00)
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Korean games
Nexon's new game beats Lineage to top app stores list
Nexon Co.'s Dungeon & Fighter Mobile has elbowed out NCSoft Corp.'s Lineage W to rank as the most popular Korean mobile game in the week since i...
Apr 04, 2022 (Gmt+09:00)
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IPOs
Two SK Group arms unveil lower-than-expected IPO guidance
SK Shieldus Co. and One Store Co., two units of South Korea's SK Square Co., submitted their initial public offering applications on Thursday to rai...
Apr 01, 2022 (Gmt+09:00)
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Economy
South Korean exporters fret over tumbling yen
South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...
Mar 29, 2022 (Gmt+09:00)
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Banking & Finance
S.Koreans boost Japanese yen savings to record high
The sliding yen has prompted South Korean importers and households to go bargain-hunting for the Japanese currency, which they believe is near its t...
Mar 29, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Dept. Store to buy Zinus for $735 mn
South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...
Mar 22, 2022 (Gmt+09:00)
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Automobiles
Hyundai to make IONIQ 5 in Indonesia, EV hub for ASEAN market
Hyundai Motor Co. has started mass producing its iconic all-electric crossover IONIQ 5 at its newly built plant in Indonesia, a country that the top...
Mar 16, 2022 (Gmt+09:00)
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Carbon neutrality
SK E&S to start business of carbon storage in depleted gas fields
South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group s...
Mar 10, 2022 (Gmt+09:00)
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Korean startups
AI startup InterMinds builds Smart Stores with conglomerates
Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...
Mar 08, 2022 (Gmt+09:00)
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M&As
LS-Nikko Copper to sell $670 million JV stake to Korean PEFs
LS-Nikko Copper Co., the world’s second-largest electrolytic copper maker, is set to sell an 800 billion won ($670 million) stake in a joint v...
Feb 20, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix to benefit from Western Digital production disruption
South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...
Feb 11, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte acquires Ministop Korea for $260 mn from Aeon
South Korea's Lotte Group has agreed to acquire a 100% stake in Ministop Korea for 313.4 billion won ($263 million), the country's fifth-largest con...
Jan 23, 2022 (Gmt+09:00)
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Automobiles
Korean tire makers to raise prices on higher costs
South Korea’s three leading tire makers joined the global industry’s plans to raise product prices to maintain profitability amid higher...
Jan 18, 2022 (Gmt+09:00)
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M&As
Lotte Group beats Shinsegae to acquire Ministop Korea
Lotte Group beat its retail rival Shinsegae Group in a competition to buy South Korea’s fifth-largest convenience store chain Ministop Korea. ...
Jan 17, 2022 (Gmt+09:00)
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Retail
End of No-Japanese boycott? Uniqlo Korea turns to black
Japanese companies operating in South Korea are making a comeback after being hit hard by a campaign that began in mid-2019 to boycott Japanese prod...
Dec 05, 2021 (Gmt+09:00)
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IPOs
Korea homegrown app begins process for H1 2022 listing
One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...
Nov 26, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Chemical seeks to acquire Japanese specialty chemical firms
Lotte Chemical Corp. is seeking to acquire major stakes in a few specialty chemical companies in Japan as the South Korean company aims to expand it...
Nov 22, 2021 (Gmt+09:00)
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Korean food
Pulmuone to expand alternative meat business in the US
South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...
Nov 09, 2021 (Gmt+09:00)
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Korean games
NCSoft reclaims throne with new mobile game Lineage W
Lineage W, developed by South Korea’s NCSoft Corp., has swiftly reclaimed the top spot in the country's mobile gaming market just three days s...
Nov 07, 2021 (Gmt+09:00)
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Retail
Jeju as Korea's new shopping mecca: Shinsegae's task ahead
Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...
Nov 04, 2021 (Gmt+09:00)