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Scope
Date
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Artificial intelligence
SK Telecom taps AI expert as new technology chief
SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...
Jan 04, 2022 (Gmt+09:00)
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Petrochemicals
DL Chem raises $1.8 bn for US leveraged buyout
DL Chemical Co. became the first South Korean company to acquire a US-listed company in a leveraged buyout. The Korean petrochemical company said on...
Dec 21, 2021 (Gmt+09:00)
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E-commerce
Coupang embraces affordable fashion industry
Korea’s e-commerce giant Coupang is looking to tap into the country’s mid-range fashion market. The company is now reversing the ...
Dec 21, 2021 (Gmt+09:00)
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Forbes taps MBK and Nexon founders as Asia's philanthropy heroes
Michael ByungJu Kim, the founder of South Korean investment firm MBK Partners, and Kim Jung-ju, founder of Nexon, the largest online gaming compan...
Dec 14, 2021 (Gmt+09:00)
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Executive reshuffles
KakaoPay chief tapped as co-CEO in Kakao management shakeup
Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...
Nov 26, 2021 (Gmt+09:00)
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Samsung, Korea Post create $336 mn overseas alternative investment fund
South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...
Nov 23, 2021 (Gmt+09:00)
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Entertainment
CJ ENM buys Hollywood studio Endeavor Content for $775 mn
CJ ENM Co., South Korea's entertainment powerhouse, has agreed to buy an 80% stake in the content unit of Endeavor Group Holdings for $775.3 million...
Nov 19, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Millennial tapped to head online giant Naver
Naver Corp. has chosen Choi Soo-yeon, 40, to lead the top online platform in South Korea, in the 22-year-old company's most dramatic top management ...
Nov 17, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Toss acquires Tada, taps into mobility market
South Korea-based mobile financial platform Toss, which has been expanding its operations across the financial sector, is set to foray into the mobi...
Oct 08, 2021 (Gmt+09:00)
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M&As
Korean beauty brand Too Cool For School is up for sale
Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...
Sep 07, 2021 (Gmt+09:00)
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Korean startups
NPIXEL emerges as fastest Korean game company to become unicorn
South Korea-based game developer NPIXEL Co. has become the country’s fastest game company to join the unicorn club after raising 100 billion w...
Sep 01, 2021 (Gmt+09:00)
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Korean games
Game firms seeking strong IP extend ties with content makers
South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...
Aug 31, 2021 (Gmt+09:00)
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Com2uS acquires metaverse platform to grow as digital content provider
South Korea-based Com2uS Corp., the creator of the popular game Summoners War, is ramping up its efforts to transition into a global content platfor...
Aug 25, 2021 (Gmt+09:00)
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Korean startups
Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft
South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...
Aug 05, 2021 (Gmt+09:00)
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Private equity
Harrison Street taps Korean LPs for $1.5 bn life science property fund
The Korean Teachers' Credit Union has committed $100 million to Harrison Street Real Estate Capital's new flagship fund that is aiming to raise $1.5...
Jun 17, 2021 (Gmt+09:00)
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Pre-IPOs
Masayoshi Son-led SoftBank to invest $2 bn in Yanolja
Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest travel platform Yan...
May 26, 2021 (Gmt+09:00)
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Corporate restructuring
Doosan taps PEFs to sell copper clad board division
Doosan Co., the holding company of South Korea's Doosan Group, is in contact with several private equity firms to sell its in-house electronic mater...
Apr 13, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms rush to tap bond market ahead of rate hikes
New corporate bond issuance in South Korea is on course to hit 9.2 trillion won ($8.3 billion) in February of this year, the highest amount issued f...
Feb 24, 2021 (Gmt+09:00)
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Interview
Hanwha Life to further tap into interest rate derivatives
Hanwha Life Insurance Co., South Korea’s No. 2 life insurer, will make active use of derivatives and structured products to hedge against inte...
Dec 22, 2020 (Gmt+09:00)
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Pre-IPOs
Naver Webtoon taps foreign investors ahead of US listing
Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...
Dec 16, 2020 (Gmt+09:00)
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Pre-IPOs
HOLD Naver Webtoon taps foreign investors ahead of US listing
Global webtoon (digital comics) platform Naver Webtoon is paving the way to a listing in the US market, reaching out to foreign investors for pre-...
Dec 16, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Heavy tapped for Doosan Infracore purchase
A few months after announcing plans to sell a 36.07% controlling stake, Doosan Infracore Co. has found its new home in the world's largest shipbuild...
Dec 10, 2020 (Gmt+09:00)
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IPOs
Top Korean travel startup Yanolja taps 2021 IPO managers
South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...
Nov 20, 2020 (Gmt+09:00)
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M&A
Hanwha taps into ESS business by acquiring 100% stake in US-based Geli
Hanwha Q CELLS has acquired a 100% stake in the energy software company Growing Energy Labs, Inc (Geli) in a move to step up its energy business in th...
Aug 08, 2020 (Gmt+09:00)
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Venture capital
Singapore’s Vickers Venture tapping Korean institutions for $500 mn fund
Vickers Venture Partners, a Singapore-based venture capital firm, is tapping South Korean institutional investors in the second round of fundraising t...
May 19, 2020 (Gmt+09:00)
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HNA sells US property to Samsung, tapping Korean buyers for US asset: report
HNA Group has sold a Minneapolis office tower to Samsung SRA Asset Management Co. Ltd. for $320 million and is now tapping South Korean institutional ...
Jun 12, 2018 (Gmt+09:00)
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Goldman taps retirement funds to resell $178 mn loan to Korea e-commerce firm
Goldman Sachs’ Special Situations Group (SSG), which invests in and lends to distressed companies, is in talks with South Korean retirement savings fu...
Sep 01, 2017 (Gmt+09:00)
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Samsung Life taps Europe, Chinese investors to sell London building
Samsung Life Insurance Co. Ltd. is sounding out potential buyers in Europe and China for the London headquarters building of Commerzbank AG, 30 Gresha...
Apr 12, 2017 (Gmt+09:00)
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NPS fund division's 2nd in command offers to quit; tapped as NH Investment’s PE head
The National Pension Service’s (NPS) investment strategy head, Young-Sig Yang, has recently tendered a resignation and was appointed as the private eq...
Dec 14, 2016 (Gmt+09:00)
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Korean insurers tapped for Google NY building-backed $130 mn mezzanine loans
South Korea’s IGIS Asset Management Co. Ltd. is tapping domestic insurance companies to sell mezzanine loans of about 150 billion won ($130 million) s...
Nov 17, 2016 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia