Kia US car sales
Scope
Date
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Foreign currency bonds
Hanwha Solutions eyes $300 mn green dim sum bond issue
Hanwha Solutions Corp., a South Korean petrochemical and renewable energy company, plans to raise 2 billion yuan ($300 million) in a green bond issu...
Apr 12, 2021 (Gmt+09:00)
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E-commerce
Sale of Korea’s No.2 delivery app Yogiyo kicks off with May 4 prelim bid
The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to poten...
Apr 07, 2021 (Gmt+09:00)
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Electronics
Cuckoo home appliances post record sales in US, Vietnam
South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...
Apr 05, 2021 (Gmt+09:00)
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Digital contents
Kakao in talks to buy US fiction app in heated IP rivalry
South Korea's mobile giant Kakao Corp. is in negotiations to buy the management rights of US-based mobile fiction startup Radish Fiction for around ...
Apr 04, 2021 (Gmt+09:00)
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Premium brand
Hyundai Motor to launch Genesis in China, posts record US sales
Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...
Apr 02, 2021 (Gmt+09:00)
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Batteries
ITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...
Apr 01, 2021 (Gmt+09:00)
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Future mobility
Hyundai Mobis expands mobility business, reveals concept cars
South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...
Apr 01, 2021 (Gmt+09:00)
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Revenue club
Korea’s top delivery app operator Woowa joins 1 trillion won sales club
Woowa Brothers Corp., the operator of South Korea’s top food delivery app Baedal Minjok, commonly known as Baemin, has joined the 1 trillion w...
Mar 31, 2021 (Gmt+09:00)
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Venture capital
KTB Network wins jackpot from Korean delivery app sale
KTB Network Co., a South Korean venture capital firm, has pocketed a double-digit return, or 62.5 billion won ($55 million) from the sale of its sta...
Mar 30, 2021 (Gmt+09:00)
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Electric vehicles
Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5
Kia Corp. on Tuesday debuted the EV6, its first dedicated electric vehicle built on Hyundai Motor Group’s new EV platform, amid intensifying com...
Mar 30, 2021 (Gmt+09:00)
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IPOs
Kurly hires Goldman, JPMorgan, Morgan Stanley for US listing
Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three global investment banks ...
Mar 26, 2021 (Gmt+09:00)
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IPOs
Travel platform Yanolja eyes US IPO in dual listing
South Korea’s largest travel platform Yanolja has begun the internal process to list in both the US and South Korea, by which the company expe...
Mar 22, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to put Korean auto parts maker up for sale
South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...
Mar 19, 2021 (Gmt+09:00)
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IPOs
Coupang's US listing: How to split $95.6 mn underwriting fees?
Goldman Sachs, JPMorgan, Allen & Company and six other underwriters of Coupang Corp.'s US stock market listing last week are set to receive a co...
Mar 18, 2021 (Gmt+09:00)
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Korean startups
S.Korean e-book operator eyes unicorn status via successful foray into US
E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea...
Mar 17, 2021 (Gmt+09:00)
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Automobiles
Hyosung to equip airbags on Amazon’s self-driving cars
Hyosung Advanced Materials will equip Amazon’s fully autonomous vehicles with its next generation one piece woven (OPW) airbags. The company s...
Mar 17, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo
Germany-based online food delivery service Delivery Hero SE has kicked off the sale process of South Korea's second-largest food delivery app, Yogiy...
Mar 16, 2021 (Gmt+09:00)
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IPOs
Market Kurly faces bumpy road to 2021 US listing
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...
Mar 16, 2021 (Gmt+09:00)
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Electric vehicles
Kia fully unveils EV6 with new design philosophy
Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...
Mar 15, 2021 (Gmt+09:00)
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Batteries
LG Energy to invest over $4.5 bn to expand US battery facilities
LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, ...
Mar 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix's Intel NAND chip deal wins US regulatory approval
The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under review by...
Mar 12, 2021 (Gmt+09:00)
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IPOs
Coupang rival Market Kurly also eyes US IPO in 2021
Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also cons...
Mar 12, 2021 (Gmt+09:00)
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IPOs
Coupang soars 41% on US trading debut
South Korea's Coupang Corp. made its trading debut in New York on Thursday, with shares rocketing 41% from their $35 opening price to close at $49.2...
Mar 12, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal
Daewoo Engineering & Construction Co. is up for sale as its main creditor hopes to cash out of the South Korean builder on the back of its impro...
Mar 11, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia set to change gear to revive China sales
Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...
Mar 10, 2021 (Gmt+09:00)
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Batteries
LG Energy may build US, Europe plants to supply new batteries to Tesla
LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...
Mar 10, 2021 (Gmt+09:00)
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Business & Politics
Naver, E-Mart in share swap talks ahead of Coupang's US IPO
South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...
Mar 10, 2021 (Gmt+09:00)
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SK in stake sale talks for SPC set up to buy Plug Power
SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to invest $...
Mar 09, 2021 (Gmt+09:00)
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Automobiles
LG Electronics eyes growth potential in US auto parts market
LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...
Mar 09, 2021 (Gmt+09:00)
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Electric vehicles
Kia reveals teaser of first dedicated EV model, EV6
Kia Corp. on Mar. 9 showcased teaser images and video clips of EV6 – its first dedicated electric vehicle (EV) built on Hyundai Motor Group&rs...
Mar 09, 2021 (Gmt+09:00)
language
Latest News
- 1 Net zero, digitalization to boost private infrastructure investment
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- 4 Lotte's Shin Dong-bin stresses pivot to AI-led innovation
- 5 Korea's foreign currency savings snap 5-mth losing streak