CJ CheilJedang food

Korean food CJ CheilJedang to open $72 million dumpling plant in Japan

South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...

Mergers & Acquisitions CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion

CJ CheilJedang Corp., South Korea’s largest food and beverage company, said on Wednesday it has scrapped a planned sale of its green bio busin...

Mergers & Acquisitions CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge

CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...

Food & Beverage India: Tantalizing frontier for K-food’s global ambitions beyond China

South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the gr...

Mergers & Acquisitions KFC’s Korean operations up for sale

Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since...

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...

Mergers & Acquisitions MBK Partners poised to acquire CJ Cheiljedang’s $3.5 billion bio business

North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...

Real estate Beauty giant CJ Olive Young to buy Seoul office building for $472 mn

CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...

Mergers & Acquisitions MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business

North Asia-focused private equity firm MBK Partners and two leading Chinese biotechnology firms are vying for management control of CJ Cheiljedang C...

Beauty & Cosmetics Korea’s beauty retailer CJ Olive Young to open first US offline outlet

CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...

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...

Korean food K-food, fashion, beauty to up ante on global push in 2025

South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder...

Food & Beverage S.Korea's office cafeteria firms expand into overseas markets

South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...

Economy S.Korea-Philippines FTA to boost car and food exports

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...

Korean food Daesang launches kimchi brand with three-Michelin-star chef

South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...

Food & Beverage Samyang Foods to establish overseas plant in China

South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...

Food & Beverage Samyang Foods releases export-only ramyun brand in Thailand

South Korea's Samyang Foods Co. said on Wednesday it launched the new export-only ramyun brand Mep in Thailand. Mep is the second brand for the...

Cloud computing CJ OliveNetworks to expand cloud management biz

South Korea's CJ OliveNetworks said on Wednesday it will expand its managed service provider (MSP) in the cloud industry, utilizing Naver Cloud and ...

Mergers & Acquisitions Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

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...

Mergers & Acquisitions CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing

South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...

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 food CJ CheilJedang to invest $584 mn to build food factories in Europe, US

CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...

Logistics Korean logistics companies expand overseas businesses

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

Mergers & Acquisitions CJ CheilJedang puts bio business on market for $4 bn

CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...

Food & Beverage Samyang Foods Buldak Topokki enters Walmart in US

South Korea's Samyang Foods Co. said on Monday its Buldak Topokki entered Walmart stores in the US.Available in Original and Carbo (carbonara) fla...

Logistics CJ Logistics opens cold-chain logistics center in Georgia

South Korea's CJ Logistics said on Thursday that it completed the construction of a large-scale cold-chain logistics center in the US and has begu...

Food & Beverage Lotte Wellfood showcases K-Food at Vietnam Foodexpo

South Korea's Lotte Wellfood Co. said on Thursday it participated in Vietnam Foodexpo 2024 to promote Korean food and boost its market share in the ...

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...