location-based service
Scope
Date
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Banking & Finance
Korea mulls allowing banks to adopt Toss' super-app strategy
South Korea's top financial regulator is considering allowing banks to provide basically all financial services in single apps, emulating fintech pl...
Oct 29, 2021 (Gmt+09:00)
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ASK 2021
Goldman picks three key factors for alternative investment
A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...
Oct 27, 2021 (Gmt+09:00)
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Private equity
Sweden's EQT staffs up in Asia with focus on Korea
EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...
Oct 25, 2021 (Gmt+09:00)
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Entertainment
Netflix reports jump in users, calls Squid Game its most popular show ever
Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...
Oct 20, 2021 (Gmt+09:00)
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Entertainment
DearU: A K-pop fan engagement platform success story
No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...
Oct 18, 2021 (Gmt+09:00)
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Korean startups
Luxury reseller EndAnd offers one-of-a-kind authentication service
One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resa...
Oct 13, 2021 (Gmt+09:00)
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Pre-IPOs
ADT Caps seeks about $300 mn in pre-IPO funding
ADT Caps Co., South Korea's No. 2 security services provider, is seeking to raise up to 400 billion won ($336 million) from private equity firms ahe...
Oct 07, 2021 (Gmt+09:00)
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Hydrogen economy
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Oct 06, 2021 (Gmt+09:00)
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Healthcare
InBody to expand into household, blood pressure monitoring markets
South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...
Oct 06, 2021 (Gmt+09:00)
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Food & Beverage
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Oct 05, 2021 (Gmt+09:00)
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Mobile networks
Samsung Elec unveils solution for stable 5G voice calls
Samsung Electronics Co., the world’s top smartphone maker, has developed a software solution for more stable 5G voice calls in a move to incre...
Oct 01, 2021 (Gmt+09:00)
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Pension funds
Police fund to appoint equities specialist as CIO
South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...
Oct 01, 2021 (Gmt+09:00)
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Future mobility
Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector
It wouldn’t be an exaggeration to say that South Korea’s mobility sector has undergone a period of rebirth in 2015 when the country&rsqu...
Oct 01, 2021 (Gmt+09:00)
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Hydrogen economy
POSCO to lead global forum on next-generation steelmaking technology
POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...
Sep 29, 2021 (Gmt+09:00)
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Entertainment
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
Sep 29, 2021 (Gmt+09:00)
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Music & Entertainment
Squid Game: Bloody battle for survival reflects reality – director
Netflix original South Korean drama “Squid Game” is making history again for K-content, topping the platform’s global chart as the...
Sep 29, 2021 (Gmt+09:00)
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Mergers & Acquisitions
DL Chem seals $2.5 bn purchase of US chemical maker Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...
Sep 28, 2021 (Gmt+09:00)
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Korean chipmakers
US pressures Samsung, chipmakers to disclose key internal data
The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...
Sep 26, 2021 (Gmt+09:00)
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Korean stock market
Seoul may curb margin loans to rein in household debt
South Korea is considering curbing margin loans offered by brokerage companies to stock investors, as part of the government efforts to rein in soar...
Sep 23, 2021 (Gmt+09:00)
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Korean chipmakers
Taylor city in Texas likely to host Samsung’s new US chip plant
The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...
Sep 23, 2021 (Gmt+09:00)
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IPOs
Kakao delays mobility unit IPO as parent comes under fire
Kakao Mobility Corp., South Korea’s largest taxi-hailing company, has indefinitely postponed its planned initial share sale, as its parent, Ka...
Sep 17, 2021 (Gmt+09:00)
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Cloud providers
Naver Cloud looks to join AWS, Microsoft as Asia's top cloud service provider
South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...
Sep 16, 2021 (Gmt+09:00)
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Robotics
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
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Future mobility
SK's car-sharing service SoCar Malaysia sees valuation top $210 mn
Car-sharing platform SoCar Mobility Malaysia has raised around 65 billion won ($55.6 million) from South Korean private equity firm EastBridge Partn...
Sep 16, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Netmarble acquires Canadian game studio for $165 mn
South Korea's Netmarble Corp. has acquired Canada's mobile game developer Ludia Inc. for $165 million, the latest in a series of its cross-border ac...
Sep 09, 2021 (Gmt+09:00)
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Korean startups
Laundrygo raises over $40 mn from SoftBank Ventures, Altos Ventures
South Korea’s first contactless laundry service startup Laundrygo has raised 50 billion won ($43 million) in a follow-on investment from inves...
Sep 08, 2021 (Gmt+09:00)
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E-commerce
Amazon Global Store shakes up S.Korea’s e-commerce scene
Amazon Global Store posted a stellar first-week performance in South Korea. The service, launched at the end of August on SK Telecom Co.’s onl...
Sep 08, 2021 (Gmt+09:00)
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Carbon neutrality
S.Korea to allow brokerages to trade carbon credits
Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end a...
Sep 08, 2021 (Gmt+09:00)
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Private equity
Permira targets growth firms in high valuation markets
London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...
Sep 03, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi
South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their first autonomous robot...
Aug 31, 2021 (Gmt+09:00)
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