lotte e
Scope
Date
~
-
Korean startups
Real Packing envisions borderless e-commerce ecosystem via videos
South Korea-based startup Real Packing is on a mission to build a trust-based society via its fact-checking video system.Launched in 2016, Real Pack...
Sep 01, 2021 (Gmt+09:00)
-
M&As
Lotte teams up with IMM PE to acquire furniture maker Hanssem
Lotte Group is seeking to acquire a stake in Hanssem Co., South Korea’s largest furniture and home furnishing company, with an investment of u...
Sep 01, 2021 (Gmt+09:00)
language -
E-commerce
Amazon teams up with SK’s 11Street to offer Global Store for Koreans
SK Telecom Co.’s e-commerce platform 11Street Co. has teamed up with Amazon, the world’s largest online shopping mall, to offer the US c...
Aug 26, 2021 (Gmt+09:00)
language -
Energy
SK E&S gears up for more US renewable energy investment'
SK E&S Co, South Korea’s top city gas supplier, is preparing for additional investment in the US renewable energy sector. The move is to e...
Aug 19, 2021 (Gmt+09:00)
language -
Electric vehicles
Hyundai Motor previews Genesis GV60, its first electric luxury CUV
Hyundai Motor Co. on Thursday unveiled the design of the GV60, the luxury Genesis brand’s first electric vehicle that sits on the E-GMP, the...
Aug 19, 2021 (Gmt+09:00)
language -
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)
-
IPOs
Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO
SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with its valuation estimat...
Aug 13, 2021 (Gmt+09:00)
-
Capital raising
SK E&S' $2 bn preferred share deal shortlisted to four candidates
SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...
Aug 13, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
S.Korean telcos accelerate diversification amid strong Q2
South Korea’s two largest telecom companies, SK Telecom Co. and KT Corp., have both delivered strong second-quarter results driven by rapid gr...
Aug 11, 2021 (Gmt+09:00)
-
Future mobility
Lotte Rental invests over $20 mn in autonomous driving startup ahead of IPO
South Korea's largest car rental and auto leasing company Lotte Rental Co. is set to invest 25 billion won ($21.8 million) in a domestic autonomous ...
Aug 09, 2021 (Gmt+09:00)
-
M&As
Naver to acquire 20% of Cafe24 to strengthen e-commerce presence
Naver Corp., South Korea’s top online portal, is set to acquire 20% of Cafe24, a Seoul-based global e-commerce solutions provider, to expand i...
Aug 09, 2021 (Gmt+09:00)
language -
Capital raising
KKR, IMM PE in bid for SK E&S' $2 bn preferred shares
KKR & Co., IMM Private Equity and Glenwood Private Equity are among the preliminary bidders for 2 trillion won ($1.9 billion) worth of new prefe...
Aug 04, 2021 (Gmt+09:00)
-
Petrochemicals
Lotte to resume $4.4 bn Indonesia petrochemical project next year
Lotte Group plans to resume a $4.4 billion petrochemical project in Indonesia next year as it aims to expand the business in Southeast Asia where de...
Aug 01, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Investors revalue E-Mart after owning two-thirds of Starbucks Korea
Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...
Jul 29, 2021 (Gmt+09:00)
language -
E-commerce platform TMON delays IPO plans
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will postpone its plans for initial p...
Jul 23, 2021 (Gmt+09:00)
-
Electric vehicles
Hankook Tire to equip Volkswagen ID.4 with EV tires
South Korea’s top tire manufacturer Hankook Tire & Technology has again widened its client pool of electric vehicles (EVs). The company sa...
Jul 22, 2021 (Gmt+09:00)
-
E-commerce
Shinsegae-Naver alliance to sell local-themed meal kits as first collaboration
Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-term business agreement...
Jul 20, 2021 (Gmt+09:00)
-
Korean startups
Ex-TMON CEO launches e-commerce startup; raises over $17 mn in seed round
South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and rare amount consider...
Jul 19, 2021 (Gmt+09:00)
-
Hydrogen economy
Lotte Chemical goes green with $3.8 bn investment in hydrogen business
South Korea’s Lotte Chemical Corp. is investing 4.4 trillion won ($3.8 billion) in hydrogen projects by 2030 to foster the business as a new g...
Jul 13, 2021 (Gmt+09:00)
-
IPOs
Lotte Rental IPO to produce hefty return for NPS
The initial public offering of South Korea's Lotte Rental Co., set for next month, will likely produce high double-digit to low triple-digit returns...
Jul 12, 2021 (Gmt+09:00)
-
Real estate
Shinsegae Group goes asset-light in e-commerce push
South Korea's Shinsegae Group is looking to sell the headquarters building of its supermarket chain E-Mart Inc. for about 1 trillion won ($883 milli...
Jul 06, 2021 (Gmt+09:00)
-
Petrochemicals
Lotte Chemical to double LPG use as petchem makers diversify feedstock
South Korean Lotte Chemical Corp. plans to double liquefied petroleum gas (LPG) use for ethylene production by next year as the domestic industry ru...
Jul 06, 2021 (Gmt+09:00)
-
Construction
Jungheung cuts Daewoo E&C acquisition price by $180 mn
KDB Investment, in an announcement on July 5, has confirmed Jungheung Construction Co. as the preferred bidder for the acquisition of Daewoo Enginee...
Jul 05, 2021 (Gmt+09:00)
-
Energy
POSCO International, Pertamina seek joint oil, gas development off Indonesia
POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...
Jul 05, 2021 (Gmt+09:00)
language -
Construction
Mid-sized Jungheung to buy Daewoo E&C as part of global expansion plan
South Korea’s construction firm Jungheung Construction Co., in a move to strengthen its global foothold, is buying its much larger-sized rival...
Jun 30, 2021 (Gmt+09:00)
language -
Tobacco
KT&G expands global foothold with 4,700 e-cigarette IP rights
The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...
Jun 25, 2021 (Gmt+09:00)
-
Pre-IPOs
Korea’s leading e-book startups eye IPO in 2022
South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...
Jun 25, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Shinsegae now Korea’s No.2 e-commerce player with eBay Korea buyout
Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...
Jun 24, 2021 (Gmt+09:00)
language -
Retail
LX Group’s Pantos to enter e-commerce market with fulfillment service
Pantos Co., the logistics unit of South Korea’s newly established LX Group, is entering the global e-commerce market by launching a worldwide ...
Jun 22, 2021 (Gmt+09:00)
language -
Electric vehicles
Seoul to host EV-only Formula E World Championship in 2022
South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...
Jun 18, 2021 (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