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Scope
Date
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Future mobility
Hyundai Motor pilots EV mobility service for pets
Hyundai Motor Group will pilot an urban mobility service for pets in Seoul, using a specially designed Ray EV model by Kia Corp. The group said on A...
Apr 26, 2021 (Gmt+09:00)
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Venture capital
GS Galtex to partner with Kakao for mobility services
South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...
Mar 31, 2021 (Gmt+09:00)
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Future mobility
Kakao forays into pet taxi service; buys Pet Me Up
South Korea-based Kakao Mobility Corp., a subsidiary of mobile giant Kakao Corp., has acquired the country's leading pet taxi service, Pet Me Up, in...
Mar 09, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Two thirds of Koreans use OTT services; YouTube favored
Two out of every three Koreans used over-the-top (OTT) media last year, with YouTube the favored platform from which to watch videos and other strea...
Feb 02, 2021 (Gmt+09:00)
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Leadership & Management
Serial entrepreneur builds gateway for cloud services
“You see all of these buildings? All of the companies in these buildings will become our clients."These were the words of Lee Han-joo, chief e...
Jan 27, 2021 (Gmt+09:00)
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Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...
Jan 21, 2021 (Gmt+09:00)
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Future mobility
Autonomous driving startup 42dot plans Level 4 self-driving in Seoul
42dot, a South Korea-based autonomous driving startup, plans to launch a Level 4 self-driving service in some areas of Seoul next year.The company s...
Dec 21, 2020 (Gmt+09:00)
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Airlines
Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt
Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...
Dec 17, 2020 (Gmt+09:00)
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Future mobility
Hyundai Motor JV to launch robotaxi services in US by 2023
Hyundai Motor Group's autonomous driving joint venture Motional and US-based ride-hailing company Lyft have joined forces to offer robotaxi servic...
Dec 17, 2020 (Gmt+09:00)
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IPOs
BTS may be allowed to delay military service to age 30
South Korea is likely to allow the seven members of boy band BTS to postpone their mandatory national military service by two years until the age of 3...
Oct 13, 2020 (Gmt+09:00)
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Tech, Media & Telecom
Foreign cloud service providers led by Amazon, MS play big in Korea
Global cloud service providers such as Amazon Web Services (AWS) are taking a greater share of South Korea’s serverless computing market, where ...
Sep 25, 2020 (Gmt+09:00)
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Bond issue
Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services
Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...
Sep 10, 2020 (Gmt+09:00)
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Airlines
Korean Air, Hahn & Company closer to finalizing $845 mn in-flight meal service deal
Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...
Aug 19, 2020 (Gmt+09:00)
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IPOs
[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix
Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...
Jul 23, 2020 (Gmt+09:00)
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Korean startups
App Doctor offers on-demand, hourly app service
For start-ups, applications are often a nuisance. Not only is it tough to develop one, but it's also a hassle to maintain and fix any issues. You're l...
Nov 29, 2019 (Gmt+09:00)
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Korean military fund invests in UK motorway service chain
The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...
Jun 12, 2019 (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