core platform
Scope
Date
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Korean games
Krafton's Overdare conducts alpha test in SE Asia
South Korea's gaming giant Krafton Inc. announced on Wednesday that it will conduct an overseas alpha test for Overdare, a mobile user-generated con...
May 22, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank, Cambodian Central Bank to build payment system
South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...
May 17, 2024 (Gmt+09:00)
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Regulations
South Korea to ban Chinese online products without KC certification
South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...
May 17, 2024 (Gmt+09:00)
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Logistics
Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV
LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...
May 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025
The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...
May 16, 2024 (Gmt+09:00)
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Metaverse
LG Uplus unveils Yonsei Univ. Metaverse Campus
South Korea's LG Uplus Corp. announced on Tuesday that its university metaverse platform Uverse unveiled a dedicated metaverse campus called Meta Yo...
May 14, 2024 (Gmt+09:00)
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Retail
Shilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
May 09, 2024 (Gmt+09:00)
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Economy
Korea’s headline inflation dips below 3% in April but erratic
South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...
May 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
STIC Investments to sell Korea’s top mobile coupon platform
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that oper...
Apr 30, 2024 (Gmt+09:00)
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E-commerce
MBK to delist Korean e-commerce Connectwave after tender offer
MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...
Apr 29, 2024 (Gmt+09:00)
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Retail
Used goods platform Gugus shines in slowing luxury market
Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted double-digit growth in revenue and transactions in the first q...
Apr 23, 2024 (Gmt+09:00)
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E-commerce
Alibaba eyes 1st investment in Korean e-commerce platform
China's Alibaba Group Holding Ltd. is likely to make its first investment in a South Korean online shopping platform as it aims to gain a competitiv...
Apr 22, 2024 (Gmt+09:00)
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Robotics
Kakao Mobility to offer robot delivery service with LG
Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, will offer indoor robot delivery service with self-driving robots ...
Apr 22, 2024 (Gmt+09:00)
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REITs
Koramco, Fi-public to collaborate on mobile REIT investment
South Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile p...
Apr 19, 2024 (Gmt+09:00)
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Electronics
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
Apr 15, 2024 (Gmt+09:00)
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Regulations
Carcinogens found in kids' goods sold on Chinese apps; Temu under probe
South Korea is looking into Chinese online shopping platforms as some products, including some for children, were found to contain cancer-causing su...
Apr 08, 2024 (Gmt+09:00)
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E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
Apr 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom to launch metaverse platform in SE Asia
South Korea’s SK Telecom Co. announced on Thursday that it has signed a contract with CelcomDigi Berhad, the leading telecom company in Malays...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
Apr 04, 2024 (Gmt+09:00)
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Corporate restructuring
Hanwha's holding firm to hive off non-core businesses
Hanwha Corp., the holding company of South Korea’s chemicals-to-defense conglomerate, will hive off its wind power and offshore plant building...
Apr 04, 2024 (Gmt+09:00)
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Corporate restructuring
Hanwha Aerospace to spin off non-core units to focus on defense business
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace b...
Apr 03, 2024 (Gmt+09:00)
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Retail
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Apr 01, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s HD KSOE, Infineon team up for ship electrification
South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...
Mar 29, 2024 (Gmt+09:00)
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Retail
E-Mart offers voluntary retirement after 2023 loss
E-Mart Inc., South Korea’s largest supermarket chain, has launched a company-wide early retirement program for the first time in its 31-year h...
Mar 25, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai vows to cut costs, seek shift toward SDVs as EV uptake slows
South Korea’s top automaker Hyundai Motor Co. has vowed to sharpen its electric vehicle price competitiveness through tech advancement and eff...
Mar 21, 2024 (Gmt+09:00)
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Artificial intelligence
Naver, named 3rd most innovative company in the Asia-Pacific
South Korea’s online giant Naver Corp. ranked as the third most innovative company in the Asia-Pacific by a top US business magazine for the p...
Mar 21, 2024 (Gmt+09:00)
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Korean games
Solo Leveling: Arise, Netmarble's webtoon-based game to spur turnaround
South Korean game developer Netmarble Corp. said on Tuesday it is set to launch “Solo Leveling: Arise” — a new title based on a po...
Mar 19, 2024 (Gmt+09:00)
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Travel & Leisure
Interpark Triple launches travel platform Triple Korea
South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...
Mar 19, 2024 (Gmt+09:00)
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Banking & Finance
Korea's BC Card launches Trip.Pass for foreign visitors
South Korea's BC Card announced on Tuesday that it launched a "Trip.Pass Card" and "Trip.Pass QR Payment Service" for foreign tourists with the dome...
Mar 19, 2024 (Gmt+09:00)
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Electric vehicles
Kia’s volume model EV3 to spearhead its electrification push: CEO
Kia Corp., South Korea’s second-largest automaker, said on Friday its upcoming volume electric model EV3 will spearhead the company’s el...
Mar 15, 2024 (Gmt+09:00)