parking operator platform
Scope
Date
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Mergers & Acquisitions
MBK Partners puts Korea’s largest golf course operator on market
North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...
May 23, 2023 (Gmt+09:00)
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Korean startups
Music copyright trading platform Musicow attracts $46 mn from STIC
Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...
May 23, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's two ride hailing apps to merge in H1, become top operator
South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...
May 22, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's top 3 telecom companies boost pet-related services
South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...
May 18, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS’ AI-based marketing platform greatly boosts results
The trial application of South Korea's information and communications technology company LG CNS of artificial intelligence (AI) to marketing and adv...
May 16, 2023 (Gmt+09:00)
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Electronics
Cuchen links rice cookers to Samsung Electronics’ IoT
South Korea’s kitchen appliance maker Cuchen on Monday said it will link two rice cookers possessing Internet of Things (IoT) technology to Sa...
May 16, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja acquires Israeli tourism tech company Go Global Travel
South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...
May 15, 2023 (Gmt+09:00)
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Artificial intelligence
Samsung, Naver to jointly develop generative AI to rival ChatGPT
South Korea’s two tech giants – Samsung Electronics Co. and Naver Corp. – have agreed to jointly develop a generative artificial i...
May 14, 2023 (Gmt+09:00)
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Entertainment
CJ ENM’s OTT platform TVing: White elephant or new cash cow?
CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...
May 12, 2023 (Gmt+09:00)
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Future mobility
Kia, Kakao Mobility to jointly develop PBV for ride-hailing
Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...
May 12, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1
Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...
May 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
POSCO Int'l to directly operate LNG-dedicated carrier
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., ...
May 10, 2023 (Gmt+09:00)
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Earnings
SK Telecom to further develop AI, its growth driver in Q1
SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...
May 10, 2023 (Gmt+09:00)
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Carbon neutrality
LS Electric targets Southeast Asian microgrid market
South Korea's LS Electric Co. will join hands with Thailand's second-largest company Siam Cement Group (SCG) to target the Southeast Asian market fo...
May 10, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Robotics
S.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...
May 09, 2023 (Gmt+09:00)
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Metaverse
SK Telecom launches Seoul, LA tours in metaverse
SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metaverse platform Ifland...
May 09, 2023 (Gmt+09:00)
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Steel
Hyundai Steel launches online mall Hcore Store
South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...
May 09, 2023 (Gmt+09:00)
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Robotics
Hyundai, IGIS sign deal to develop robot-friendly buildings
Hyundai Motor Group said on Tuesday that it has signed a business agreement with IGIS Asset Management Co., the largest real estate investment firm ...
May 09, 2023 (Gmt+09:00)
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Construction
GS E&C apologizes for collapse of apartment parking lot
GS Engineering & Construction Co. made an official apology on Tuesday for the collapse of a structure in an underground parking lot of a new apa...
May 09, 2023 (Gmt+09:00)
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Airlines
Korean Air to launch in-flight wi-fi service for int'l routes
Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting from June 1.Korean Ai...
May 09, 2023 (Gmt+09:00)
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Korean games
WeMade discusses first console game with Microsoft
South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...
May 08, 2023 (Gmt+09:00)
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Infrastructure
Hyundai Rotem, Hana Bank to promote private railway project
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...
May 08, 2023 (Gmt+09:00)
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Energy
NuScale to build Korea’s first SMR in Uljin, home to native Korean reactors
NuScale Power Corp. is expected to build its first small modular reactor (SMR) plant in South Korea in Uljin, already home to Korean native nuclear ...
May 04, 2023 (Gmt+09:00)
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Artificial intelligence
Wrtn to offer free access GPT-4 conversation services
South Korean generative AI startup Wrtn Technologies announced on Thursday that it will offer unlimited free access to its conversation feature...
May 04, 2023 (Gmt+09:00)
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Travel & Leisure
Korea’s Hanatour sees 1st profit in over 3 yrs on high-end service
Hanatour Service Inc., South Korea’s top travel agency, enjoyed its first quarterly profit in more than three years as it focused on high-end ...
May 03, 2023 (Gmt+09:00)
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Artificial intelligence
Spooked by data leak, Samsung bans use of ChatGPT, other AI tools
Alarmed by a recent accidental data leak, Samsung Electronics Co. has banned one of its biggest business divisions from using ChatGPT and other gene...
May 02, 2023 (Gmt+09:00)
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Earnings
HYBE logs record-high Q1 profit despite BTS break
South Korea’s HYBE Co. behind global sensation BTS on Tuesday reported a 41.5% surge in first-quarter profit, driven by BTS members’ out...
May 02, 2023 (Gmt+09:00)
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Retail
Chinese shoppers slash online purchases of Korean goods
Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...
May 02, 2023 (Gmt+09:00)