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Mergers & Acquisitions Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility

United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobil...

Tech, Media & Telecom Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...

Retail When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven

“If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If...

Tech, Media & Telecom Samsung fends off Apple to reclaim global smartphone crown in Q1

Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the ...

Retail Baemin, Yogiyo see record transaction drops in Feb amid Coupang's rise

South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...

Beauty & Cosmetics K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

Games Chinese games expand foothold in South Korea

Chinese games are making deep inroads into South Korea, increasing their presence in the mobile gaming market amid a lack of restrictions on foreign...

Beauty & Cosmetics Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

Retail Coupang Eats starts food delivery service in Japan

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

Webtoons Piccoma tops consumer spending ranking in Japan

Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...

Korean startups Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025

A new year has arrived, and with it come the New Year’s resolutions. However, if you are one of those who feel you've already failed to keep y...

Retail China's Miniso re-enters S.Korea

Miniso, a household goods store known as "the Chinese version of Daiso", has re-entered South Korea after three years.According to the retail indust...

Electronics Samsung unveils AI-powered Galaxy Book5 Pro to take on Apple’s MacBook

Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5 Pro, packed with various AI functions, to compete with archrival Apple Inc.’...

Korean startups Language learning app Speakeasy joins ranks of unicorn startups

Speakeasy Labs Inc., a South Korea-focused language learning app operator, has joined the ranks of unicorn startups after raising $78 million at a v...

Retail E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025

South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...

Food & Beverage CJ CheilJedang sells ambient fried rice in N.America

South Korea's CJ CheilJedang Corp. said on Thursday it will export and sell its ambient rice product, Bibigo Korean BBQ Fried Rice, to the North Ame...

Food & Beverage CJ CheilJedang's Sobaba Chicken enters US, Japan

South Korea's CJ CheilJedang Corp. said on Wednesday its frozen fried chicken Sobaba Chicken entered Costco stores in the US and Japan.Sobaba Chicke...

Korean startups Everyone deserves a good night’s sleep: Munice CEO

Insomnia is a common clinical phenomenon in modern societies profoundly affecting many people’s health and well-being, and South Korean startu...

Corporate restructuring Lotte puts department store in Centum City, Busan on market

Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent gro...

Electronics Apple supplier LG Innotek to invest $268.4 mn in Vietnam in 2025

South Korea’s LG Innotek Co., a major contractor for Apple Inc., said on Thursday it plans to spend 375.9 billion won ($268.4 million) next ye...

Korean games Cookie Run: Tower of Adventures named Google Play's Best Game

"Cookie Run: Tower of Adventures", the globally popular mobile game of South Korean game developer DevSisters Corp., was selected the Best for Googl...

Beauty & Cosmetics Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport

South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...

Beauty & Cosmetics L’Oréal opens SkinCeuticals second global store in S.Korea

L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...

Bio & Pharma Macrogen's GenTok to feature on Samsung Health app

South Korea's biotech company Macrogen, Inc. signed a supply agreement to integrate its genome analysis platform, GenTok, into the Samsung Health ap...

Retail S.Korea’s food delivery apps relish fresh boom in demand

South Korea’s online food delivery market is poised to hit record-high transactions in 2024 as lower fees triggered by Coupang Eats’ fre...

Tech, Media & Telecom S-1 releases CCTV monitoring service

South Korea's security service provider S-1 Corp. said on Monday it launched CCTV Monitoring Service, a system designed to notify customers of any r...

E-commerce Naver to lead hyper-personalized shopping trends with super app

Naver Corp., South Korea's largest internet portal, will launch an AI-driven shopping app in the first half of 2025 to boost its lackluster e-commer...

Retail Lotte Mart to launch grocery shopping app

South Korea's Lotte Mart and Lotte Super will introduce a grocery-focused app, Lotte Mart Zeta, in the first half of next year to expand its digital...

Electronics Samsung Galaxy solidifies dominance in Indian smartphone market

South Korean tech giant Samsung Electronics Co. solidified its dominance in the Indian smartphone market, capturing its largest revenue share in the...

Executive reshuffles Shinsegae Group splits E-Mart, department store with executive reshuffles

South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...