partner companies
Scope
Date
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Entertainment
HYBE CEO steps down to focus on music production
BTS agency HYBE’s founder Bang Si-hyuk will resign from his position as CEO to focus on music production. HYBE said that Bang will remain as c...
Jul 02, 2021 (Gmt+09:00)
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COVID-19
COVID-19 blues? Pandemic makes SD Biosensor Korea’s top-grossing bio firm
Multinational biopharmaceutical companies have dominated the world’s diagnostics market for years. However, the coronavirus pandemic, which st...
Jul 01, 2021 (Gmt+09:00)
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Batteries
SK Innovation to split battery unit, eyes Nasdaq debut as it goes greener
South Korea’s SK Innovation Co. said on Thursday it is considering a spin-off of its battery business and listing the separated entity on the ...
Jul 01, 2021 (Gmt+09:00)
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Korean games
Why Google is getting heat from game companies on recent commission cuts
Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...
Jun 29, 2021 (Gmt+09:00)
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Insurance
Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...
Jun 28, 2021 (Gmt+09:00)
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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)
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Tech, Media & Telecom
Synopsys buys S.Korean fab data tech company
Synopsys Inc., a US software developer, has signed an agreement to acquire full ownership of BISTel, South Korea's top-ranked smart manufacturing so...
Jun 24, 2021 (Gmt+09:00)
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Fintech
Toss en route to being Korea’s first fintech decacorn; valuation tops $7 bn
South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valued at over $10 billi...
Jun 23, 2021 (Gmt+09:00)
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Chemical Industry
Kolon expands hydrocarbon resins production, becomes global No.2 maker
South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...
Jun 21, 2021 (Gmt+09:00)
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Pharmaceuticals
SK Group mulls investing $100 mn in Vietnam's Pharmacity
SK Group is in the final stages of negotiations to invest $100 million in Vietnam's largest pharmacy chain, Pharmacity, as part of the South Korean ...
Jun 21, 2021 (Gmt+09:00)
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ESG
Korea’s coal power companies squeezed for financing amid ESG fever
South Korea’s coal power companies are facing tighter scrutiny for debt financing as they are increasingly shunned by financial investors amid...
Jun 18, 2021 (Gmt+09:00)
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ESG
GS Caltex marks Korea’s first company to buy carbon-neutral crude oil
GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...
Jun 17, 2021 (Gmt+09:00)
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COVID-19
CureVac may pick Korea as Asian base for COVID vaccine production
German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...
Jun 16, 2021 (Gmt+09:00)
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Markets
Kakao becomes 3rd most valuable company in Korea
Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...
Jun 15, 2021 (Gmt+09:00)
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IPOs
Hyundai Oilbank revives IPO push, expands blue hydrogen business
South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...
Jun 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SBW emerges as sole bidder for Eastar Jet acquisition
Korea’s fashion company Ssangbangwool Inc. (SBW) was the only participant in the Eastar Jet Co. sellout bidding held at the Seoul Bankruptcy C...
Jun 14, 2021 (Gmt+09:00)
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Automobiles
Tennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire
Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of Hankook Tire & T...
Jun 14, 2021 (Gmt+09:00)
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Banking & Finance
Hana Financial partners with Line to launch digital bank in Indonesia
Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...
Jun 13, 2021 (Gmt+09:00)
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Branding
LG unveils fresh-faced logo designs to firm up brand storytelling
South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...
Jun 11, 2021 (Gmt+09:00)
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Korean startups
Delivery service provider Barogo wraps up $72 mn Series C round
Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...
Jun 10, 2021 (Gmt+09:00)
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Retail
UK lifestyle brand Barbour enters legal battle with 10-year partner in Korea
The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...
Jun 10, 2021 (Gmt+09:00)
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IPOs
AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager
South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...
Jun 09, 2021 (Gmt+09:00)
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IPOs
Record-setting IPO boom may spell scanty profits
South Korean stock markets are on course to set a new record in the IPO volume with new issues estimated to exceed 30 trillion won ($27 billion) for...
Jun 09, 2021 (Gmt+09:00)
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Artificial intelligence
NPS gains timberland, Europe tech exposure in Q1
The National Pension Service has gained exposure to timberland and the European mid-market tech sector in the first quarter of this year, adding two...
Jun 07, 2021 (Gmt+09:00)
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The Deep Dive
Misandry controversy rattles Korean retailers; CEO of No.1 fashion app steps down
Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...
Jun 04, 2021 (Gmt+09:00)
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Enterprise value
Kakao just behind rival Naver in market cap, may overtake soon
South Korean mobile platform giant Kakao Corp.’s enterprise value is rising backed by its strong business performance, threatening to overtake...
Jun 03, 2021 (Gmt+09:00)
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Carbon neutrality
Korea’s OCI to return to highest profit in decade on rising polysilicon prices
OCI Co., a South Korean chemical and green energy company, has been in the red for years, weighed by weak prices of its mainstay product polysilicon...
May 30, 2021 (Gmt+09:00)
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Artificial intelligence
NPS, KIC commit $600 mn to N.America logistics fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...
May 28, 2021 (Gmt+09:00)
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Korean food
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...
May 27, 2021 (Gmt+09:00)
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Entertainment
HYBE’s $400 mn rights offering for Ithaca merger to open June 1-2
HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...
May 26, 2021 (Gmt+09:00)
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Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore