Open Innovation Platform
Scope
Date
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Batteries
SKC to showcase innovative chip, battery materials at CES 2023
SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...
Dec 25, 2022 (Gmt+09:00)
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Food & Beverage
E-Mart enters Singapore with two corner shops selling K-food
South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...
Dec 23, 2022 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio, Amgen sign ADC platform deal for up to $1.2 bn
South Korean pharmaceutical firm LegoChem Biosciences Inc. said on Dec. 23 it has transferred the antibody-drug conjugates (ADC) technology platform...
Dec 23, 2022 (Gmt+09:00)
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Energy
Hyundai Heavy Industries Group develops dual LNG-hydrogen engine
Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...
Dec 23, 2022 (Gmt+09:00)
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Content platforms
Video streaming platform Wavve acquires K-content provider KOCOWA
South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...
Dec 22, 2022 (Gmt+09:00)
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Retail
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
Dec 22, 2022 (Gmt+09:00)
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Metaverse
CU to introduce shopping platform on metaverse
Convenience store chain CU said on Thursday that it would introduce a meta-commerce service where online business activities take place on the met...
Dec 22, 2022 (Gmt+09:00)
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Retail
Lotte Mart opens 50th Indonesian store in Serpong
Lotte Mart said on Thursday that it would open its 50th store in Serpong, Indonesia. The store is 4,628 square meters, with more than 80% of the tot...
Dec 22, 2022 (Gmt+09:00)
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Rights offerings
SK Innovation to inject $1.6 bn into SK On's rights offering
South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...
Dec 22, 2022 (Gmt+09:00)
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Electric vehicles
LG Uplus enters Korea’s EV charging service market with VoltUp app
LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...
Dec 22, 2022 (Gmt+09:00)
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Logistics
KTNET shows off logistics platform for tracking cargo, documents
The Korea Trade Network (KTNET) held a grand opening event for its uTH 2.0, a digital trade logistics platform, in partnership with the Korea Intern...
Dec 22, 2022 (Gmt+09:00)
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Korean startups
Stayfolio receives $7.7 mn in Series A investment
South Korea's property-rental platform Stayfolio announced on Wednesday that it has won 10 billion won ($7.7 million) worth of additional investment...
Dec 21, 2022 (Gmt+09:00)
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Korean food
Mom's Touch opens 2nd restaurant in Bangkok
South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...
Dec 21, 2022 (Gmt+09:00)
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Bio & Pharma
ToolGen, ANLBIO to jointly develop progeria treatments
South Korea's two biotech startups ToolGen Incorporated and ANLBIO on Tuesday signed a joint research and development agreement for developing proge...
Dec 21, 2022 (Gmt+09:00)
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Korean stock market
Ndream, Wisenut start trading on K-OTC
Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...
Dec 21, 2022 (Gmt+09:00)
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Real estate
More S.Koreans buy, sell homes online without realtors
South Korea’s top online flea market Danggeun Market and other platforms are growing more popular for property deals as home sellers look for ...
Dec 20, 2022 (Gmt+09:00)
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Advertising & Marketing
Korean LG CNS to expand digital marketing biz with DX tech
South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...
Dec 20, 2022 (Gmt+09:00)
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ESG
LG Electronics to open ESG zone at CES 2023 in January
South Korean conglomerates, including LG Electronics Inc., will introduce their environmental, social, and governance (ESG) visions and strategies a...
Dec 20, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korea's CMG Pharmaceutical opens animal medicine unit
CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...
Dec 20, 2022 (Gmt+09:00)
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Artificial intelligence
Syntekabio launches new drug development platform STB Cloud in US
Syntekabio,Inc., a South Korean artificial intelligence (AI) drug development company, said on Monday it has launched its cloud-based AI drug develo...
Dec 19, 2022 (Gmt+09:00)
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Korean startups
KED's startup news platform Geeks launches revamped website
Geeks, The Korea Economic Daily’s startup news platform launched in May, launched an upgraded website in Korean on Monday. The new conten...
Dec 19, 2022 (Gmt+09:00)
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Machinery
S.Korea's LS Mtron opens center to reinforce global logistics
LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...
Dec 19, 2022 (Gmt+09:00)
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Foreign exchange
Korean NPS opens up forex hedging limit to maximum of 10%
South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...
Dec 18, 2022 (Gmt+09:00)
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Korean stock market
KRX opens German office to promote EU certification of Korean indices
The Korea Exchange said that it opened its third overseas office in Frankfurt, Germany, and would promote the EU Benchmarks Regulation (BMR) certifi...
Dec 16, 2022 (Gmt+09:00)
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Companies
S.Korea's e-commerce platform Plugo secures $9 million in investment
South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...
Dec 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean PE firm Hahn & Co to sell used-car platform K Car
South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...
Dec 16, 2022 (Gmt+09:00)
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Banking & Finance
Hana Bank signs agreement for 24-hour forex trading
Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...
Dec 16, 2022 (Gmt+09:00)
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Retail
Gabriela Hearst, Veronica Beard, Toteme to launch in Korea
US designer brands Gabriela Hearst and Veronica Beard, as well as Swedish premium Toteme are set to open exclusive stores in South Korea to allure f...
Dec 15, 2022 (Gmt+09:00)
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Electronics
LG Innotek to unveil parts for EVs, self-driving cars at CES 2023
South Korea’s LG Innotek Co. said on Dec. 15 it will showcase its new products for electric and autonomous vehicle parts at the Consumer Elect...
Dec 15, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to debut university-specific metaverse platforms early next year
South Korea's mobile telecom operator LG Uplus said on Thursday that it would introduce a specialized metaverse platform for which all universities ...
Dec 15, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer