cj olive young k-beauty
Scope
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Media
Naver to gain toehold in OTT market via CJ ENM
South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...
Jun 02, 2021 (Gmt+09:00)
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Economy
Chips, autos set S.Korea’s May export growth at fastest pace in 32 years
South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...
Jun 02, 2021 (Gmt+09:00)
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Entertainment
CJ ENM to spend $4.5 bn to become Asia's Marvel Studios
South Korean media company CJ ENM Co. on Monday announced a plan to spend 5 trillion won ($4.5 billion) to produce original content over the next fi...
Jun 01, 2021 (Gmt+09:00)
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Korean startups
K-pop content platforms team up to take lead in community market
Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...
May 31, 2021 (Gmt+09:00)
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Deals
Naver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platform Munpia Inc. in a ...
May 28, 2021 (Gmt+09:00)
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K-pop
BTS smooths Butter at Billboard Music Awards; scoops up 4 awards
BTS is unstoppable. The K-pop boy band continues to set fresh records -- becoming the first Korean band to scoop up four awards at the 2021 Billboar...
May 25, 2021 (Gmt+09:00)
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Banking & Finance
Internet-only K Bank to raise $1.05 bn in rights offering
South Korea’s first internet-only bank, K Bank, will be raising 1.2 trillion won ($1.05 billion) from existing and new investors for business ...
May 21, 2021 (Gmt+09:00)
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Korean chipmakers
ASML joins K-Semiconductor Belt with $210 mn investment by 2025
The Netherlands-based ASML Holding N.V., the world’s leading supplier of semiconductor equipment, will be joining the South Korean government-...
May 13, 2021 (Gmt+09:00)
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Monthly trade infographics
K-beauty boom makes S.Korea the fourth-largest cosmetics exporter
Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...
May 06, 2021 (Gmt+09:00)
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Food stories from a chef
Letters to a Young Chef
My first paid job as a cook was when I was hired as a line cook at Daniel, a New York Times' four-star restaurant located in New York City’s U...
May 06, 2021 (Gmt+09:00)
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Pension funds
NPS aims to lure young talent with enticing package, programs
The National Pension Service has offered an attractive on-the-job training package, including education programs to aid new hires in getting an MBA ...
Apr 26, 2021 (Gmt+09:00)
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K-pop
Entertainment shares to soar in Q2 following BTS, Blackpink comeback
South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such ...
Apr 16, 2021 (Gmt+09:00)
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Entertainment
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Apr 14, 2021 (Gmt+09:00)
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K-pop
Growing fandom of BTS, other K-pop idols revives album market
In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...
Mar 14, 2021 (Gmt+09:00)
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K-pop
Spotify, Kakao settle licensing dispute; K-pop returns to platform
Spotify Technology S.A., the world's largest music streaming service, has reached a licensing agreement with Kakao Entertainment Corp., to make musi...
Mar 11, 2021 (Gmt+09:00)
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K-pop
Fresh attempts to produce K-pop boy bands abroad raise eyebrows
Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...
Feb 24, 2021 (Gmt+09:00)
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Shareholder value
Young, female, foreign: Hyundai Motor Group’s new BOD
South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...
Feb 21, 2021 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific, Shopee ink partnership for Southeast Asian market
Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...
Feb 16, 2021 (Gmt+09:00)
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K-pop
Big Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...
Feb 04, 2021 (Gmt+09:00)
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Entertainment
K-pop labels' revenue model shift to usher in new valuations
South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...
Feb 03, 2021 (Gmt+09:00)
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Tech, Media & Telecom
YouTube enters K-pop streaming scene; competition heats up
Google Inc., the operator of the world’s largest streaming platform YouTube, has entered the growing local online concert scene, heralding fie...
Feb 01, 2021 (Gmt+09:00)
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Partnerships
Naver, Big Hit, YG join forces to conquer K-pop fan community market
The K-pop fan community scene is set to heat up even further as South Korea platform giant Naver Corp. joins forces with BTS label Big Hit Entertain...
Jan 28, 2021 (Gmt+09:00)
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Advertising & Marketing
Amorepacific, Off-White unveil beauty collaboration for COVID-19 era
South Korea-based cosmetics giant Amorepacific Corp. has unveiled its beauty collaboration with Off-White, an Italian premium fashion brand, as the ...
Jan 26, 2021 (Gmt+09:00)
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Entertainment
K-content shares rise as OTTs bask in success of dramatized webtoons
Korean content providers' shares are emerging as some of the best to buy as competition heats up among global over-the-top (OTT) services such as Ne...
Jan 20, 2021 (Gmt+09:00)
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K-pop
NCSoft’s UNIVERSE fuels competition in K-pop entertainment platforms
South Korean game publisher NCSoft Corp. is fueling competition in the online entertainment platform market with the planned launch of its own app, ...
Jan 19, 2021 (Gmt+09:00)
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F&B Industry
CJ Cheiljedang to set up food production plant in South Dakota
South Korea's food and beverage giant CJ CheilJedang Corp. will establish a food production plant that makes mandu in the 560,000 square meters of l...
Jan 13, 2021 (Gmt+09:00)
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CES 2021
K-startup products sweep CES 2021 innovation awards honors
A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the wor...
Jan 11, 2021 (Gmt+09:00)
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K-pop
BTS sweeps Spotify's most-streamed K-pop list in 2020
South Korean artists were clearly on the rise last year, with the top 10 most-streamed Korean artists pulling in over a combined 10.6 billion stream...
Jan 07, 2021 (Gmt+09:00)
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Pre-IPOs
CJ wraps up $366 mn pre-IPO for top beauty chain
CJ Group has completed its pre-IPO placement for CJ Olive Young, the group’s health and beauty brand, with Glenwood Private Equity securin...
Dec 29, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood PE to acquire minority stake in Korea's largest beauty chain
CJ Group has selected Glenwood Private Equity as the buyer of a minority stake in South Korea’s No. 1 health and beauty store CJ Olive Young...
Dec 23, 2020 (Gmt+09:00)