bigbox retail giant
Scope
Date
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Aerospace & Defense
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
Oct 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Shares in Woori Financial draw KT, builder and PEFs
South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...
Oct 08, 2021 (Gmt+09:00)
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Corporate investment
Samsung's cash reserves dwindle on increased R&D, other investments
Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...
Oct 04, 2021 (Gmt+09:00)
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Batteries
POSCO breaks ground on $101 million battery recycling plant
South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...
Oct 01, 2021 (Gmt+09:00)
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IPOs
K-pop fan engagement platform DearU begins process for Nov IPO
How much will you pay to chat with your favorite K-pop groups such as TWICE every day? A South Korean startup generated 20 billion won ($16.9 millio...
Sep 30, 2021 (Gmt+09:00)
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Markets
Market boom drives more S.Koreans to become angel investors
Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...
Sep 24, 2021 (Gmt+09:00)
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Samsung to make Tesla’s HW 4.0 self-driving auto chip
SILICON VALLEY – Samsung Electronics Co., the world’s leading chipmaker, will manufacture Tesla Inc.’s next-generation hardware 4 ...
Sep 23, 2021 (Gmt+09:00)
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Electronics
LG Electronics turns home appliance plant into smart factory
South Korea’s LG Electronics Inc. said on Thursday it is turning its main home appliance plant into a smart factory, which improves productivi...
Sep 16, 2021 (Gmt+09:00)
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Food & Beverage
Dongwon aims to rise from canned tuna maker to F&B giant
For many South Koreans, particularly among the older generation, Dongwon is the name of the company that makes canned tunas, for which the food make...
Sep 16, 2021 (Gmt+09:00)
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Entertainment
Kakao to strengthen overseas operations amid growing criticism
Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...
Sep 16, 2021 (Gmt+09:00)
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Retail
Millennials now S.Korea’s largest buyer of luxury goods
The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...
Sep 14, 2021 (Gmt+09:00)
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Apple Likely Has More App Store Deals to Make
As Apple Inc. works to negotiate its way out of its App Store troubles, one thing is becoming increasingly clear: the technology titan mig...
Sep 08, 2021 (Gmt+09:00)
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Aerospace & Defense
Software giant Hancom joins space race with satellite launch
South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...
Sep 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Interpark draws cool response from Korean online giants
South Korea’s online retail platform Interpark Corp. has failed to drum up interest from the country's largest online platforms, including Nav...
Aug 31, 2021 (Gmt+09:00)
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Electronics
LG Electronics scores big in first-half US OLED TV market share
LG Electronics Inc., one of the world’s largest TV makers, saw its market share grow rapidly in North America with its market share rising abo...
Aug 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Citibank Korea’s retail banking exit faces stumbling block
The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...
Aug 24, 2021 (Gmt+09:00)
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Leadership & Management
Kakao Group’s past, present and future as conglomerate
Kakao Corp., which a decade ago was merely a mobile messenger operator, has now grown into one of the largest business groups in South Korea. The in...
Aug 17, 2021 (Gmt+09:00)
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Retail
Shinsegae’s omnichannel strategy drives up share prices of key affiliates
South Korean retail conglomerate Shinsegae Group’s key affiliates are enjoying upward revaluation of share prices. Not only the market is faci...
Aug 17, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero sells Yogiyo to GS Retail, Affinity-led group
Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...
Aug 15, 2021 (Gmt+09:00)
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Earnings
‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings
Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...
Aug 13, 2021 (Gmt+09:00)
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Carbon neutrality
S.Korea to launch first carbon credit ETFs in September
South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor dema...
Aug 13, 2021 (Gmt+09:00)
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IPOs
Krafton IPO draws lukewarm demand from retail investors
Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....
Aug 03, 2021 (Gmt+09:00)
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M&As
China's top travel agency to join bid for Korea's online retail platform
China’s leading online travel agency (OTA) Trip.com will be joining the race to acquire South Korea’s online retail platform Interpark C...
Aug 03, 2021 (Gmt+09:00)
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IPOs
HK inno.N’s IPO attracts $25 bn from retail investors
HK inno.N Corp. (inno.N), a pharmaceuticals unit of Kolmar Korea, drew a massive $25 billion from retail investors for its listing thanks to its s...
Jul 30, 2021 (Gmt+09:00)
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Earnings
Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps
Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the industry’s first &n...
Jul 29, 2021 (Gmt+09:00)
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The Deep Dive
Korea redefines dining experience with meal kits and delivery food
A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal replacements (HMRs) an...
Jul 29, 2021 (Gmt+09:00)
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Batteries
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...
Jul 28, 2021 (Gmt+09:00)
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IPOs
Tencent, Korea Value poised to see sixfold return from KakaoBank
Chinese technology giant Tencent Holdings, Korea Value Asset Management Co. and South Korea's top lender Kookmin Bank are among a group of sharehold...
Jul 27, 2021 (Gmt+09:00)
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Markets
Shares of parts makers outshine chips, display giants
Shares of South Korean semiconductor and display parts makers have stolen the spotlight from their key customers like Samsung Electronics Co. and SK...
Jul 27, 2021 (Gmt+09:00)
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Metaverse
Metaverse giants Roblox and Naver compete to attract Korea's Gen Z
South Korea’s metaverse gaming market is about to heat up with the country's leading 3D avatar platform Zepeto rolling out a game development ...
Jul 26, 2021 (Gmt+09:00)