renewable electricity 100%
Scope
Date
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COVID-19
Korea’s pharma consortium to develop mRNA vaccines by 2022
South Korea will develop its own messenger ribonucleic acid (mRNA) vaccines by next year with plans to annually manufacture 100 million doses from 2...
Jun 30, 2021 (Gmt+09:00)
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Markets
Bain report renews debate on alternative trading system in Korea
With South Korea’s stock markets maintaining bullish momentum this year, debate about setting up an alternative trading system (ATS) in the co...
Jun 28, 2021 (Gmt+09:00)
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Korean startups
AI startup Voyager X raises over $25 mn in Series A funding round
South Korea-based artificial intelligence startup Voyager X Inc. has successfully raised around 30 billion won ($26.4 million) in a Series A funding...
Jun 23, 2021 (Gmt+09:00)
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Hydrogen economy
Hyosung, Linde kick off building world’s largest liquid hydrogen plant
Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...
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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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)
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Private equity
Harrison Street taps Korean LPs for $1.5 bn life science property fund
The Korean Teachers' Credit Union has committed $100 million to Harrison Street Real Estate Capital's new flagship fund that is aiming to raise $1.5...
Jun 17, 2021 (Gmt+09:00)
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Energy
GS Energy to create renewable JV with Spain’s Iberdrola
South Korea’s leading oil and gas company GS Energy Corp., a wholly-owned subsidiary of GS Holdings, and Spain’s largest utility company...
Jun 16, 2021 (Gmt+09:00)
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Electric vehicles
Kia, Uber form electric mobility partnership in Europe
South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to supply electric vehicles in Europe fo...
Jun 16, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai to provide hydrogen fuel cell system for world’s first electric car race
South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for electric vehicles, Hy...
Jun 11, 2021 (Gmt+09:00)
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Private equity
Korean PEFs buy Spyder's S.Korean license for over $50 mn
A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...
Jun 11, 2021 (Gmt+09:00)
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ESG investing
Korean insurers finance Carlyle's $2 bn deal with ESG debt
South Korean life insurers have made an environmental, social and governance (ESG)-themed investment in The Carlyle Group's €2 billion ($2.4 bi...
Jun 08, 2021 (Gmt+09:00)
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Korean LPs commit over $200 mn to UK real estate fund
A UK-focused real estate debt fund, managed by New York-based BentallGreenOak, has received a combined £170 million ($241 million) in commitme...
May 31, 2021 (Gmt+09:00)
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Korean startups
AI-based startup Riiid raises $175 mn from SoftBank
Artificial intelligence-based learning platform Riiid Inc. has raised $175 million from SoftBank Vision Fund 2, the South Korean company said on May...
May 25, 2021 (Gmt+09:00)
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Real estate
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
May 07, 2021 (Gmt+09:00)
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Korean startups
Riiid makes list of world's 100 most promising AI firms
South Korea-based startup Riiid Inc. has been named to the annual AI 100 list issued by global market research firm CB Insights. The AI 100 is a lis...
Apr 08, 2021 (Gmt+09:00)
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Electric vehicles
Kia debuts all-electric EV6; runs faster, longer than Tesla, IONIQ 5
Kia Corp. on Tuesday debuted the EV6, its first dedicated electric vehicle built on Hyundai Motor Group’s new EV platform, amid intensifying com...
Mar 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
IMM PE exits S.Korea's No.2 electric wire manufacturer
Seoul-based IMM Private Equity has fully exited its 300 billion won ($265 million) investment in the country's No. 2 electric wire manufacturer by s...
Mar 29, 2021 (Gmt+09:00)
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Retail
Shinsegae mulls 100% stake in Starbucks Korea
South Korea’s retail giant Shinsegae is reviewing ways to double its stake in Starbucks Korea from 50% to 100%, according to an industry sourc...
Mar 21, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai Motor debuts all-electric IONIQ5 as EV battle rages on
Hyundai Motor Co. on Tuesday debuted a new, all-electric IONIQ5, the first model under its standalone electric vehicle sub-brand, amid intensifying ...
Feb 23, 2021 (Gmt+09:00)
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Energy
LG, SK, Hanwha accelerate shift to renewable energy with push for RE100
Following in the footsteps of SK Group, which last year declared that it will switch to renewable energy for plant operations, a number of South Kor...
Feb 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
IMM PE to shortlist buyers for Taihan Electric Wire
South Korea-based IMM Private Equity is set to announce shortlisted candidates for the sale of Taihan Electric Wire Co. next week. The deal has dr...
Feb 07, 2021 (Gmt+09:00)
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Korean chipmakers
Korea’s chip exports to top $100 bn in 2021, second-best performance ever
South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...
Jan 05, 2021 (Gmt+09:00)
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Hydrogen economy
Hanwha Solutions acquires US hydrogen tank maker Cimarron, to invest $100 mn
Hanwha Solutions Corp. has acquired a 100% stake in Cimarron Composites LLC, a US hydrogen storage tank manufacturer, as the South Korean energy sol...
Dec 28, 2020 (Gmt+09:00)
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Mergers & Acquisitions
CJ in renewed push to sell animal feed maker for over $1.8 bn
CJ Cheiljedang Corp., South Korea’s top food company, has again put up for sale its animal feed assets, after talks to sell the fully owned un...
Dec 17, 2020 (Gmt+09:00)
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Energy
LG Chem to power Wuxi plant with renewable energy bought from China
South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...
Dec 14, 2020 (Gmt+09:00)
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Venture Capital
KB Investment, RM Global to form $100 mn bio VC fund
KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...
Dec 09, 2020 (Gmt+09:00)
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Venture Capital
KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms
South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...
Dec 09, 2020 (Gmt+09:00)
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RFPs
POBA seeks new global REIT manager for $100 mn mandate
South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...
Dec 07, 2020 (Gmt+09:00)
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Electric vehicles
Hyundai Motor unveils all-new electric vehicle platform E-GMP
Hyundai Motor Co. has unveiled a new platform, which will underpin its electric vehicles in coming years as South Korea’s largest automotive g...
Dec 02, 2020 (Gmt+09:00)