Convenience

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...

Bio & Pharma ViGenCell obtains approval for HLA-B5801 genetic diagnostic kit for adverse reactions to gout treatment

ViGenCell, a company specializing in immunotherapy, announced on Friday that it has obtained approval from the Ministry of Food and Drug Safety (MFD...

Retail CU, GS25 in fierce race for top spot in Korea’s convenience store market

Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF R...

Retail BGF Retail, Deeping Source to co-work on smart convenience stores

BGF Retail Co., the operator of South Korea’s leading convenience store chain CU, said on Thursday that it signed a memorandum of understand...

Electronics Samsung's AI home appliances hit 1.5 mn units sold

Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as of July this...

Retail GS25 to challenge Daiso in low-cost cosmetics market

South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...

Retail Struggling Korean retail stores lick Dubai chocolate, Dippin' Dots

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

Central bank BOK, Indonesia to cooperate on cross-border payments

The Bank of Korea (BoK) announced on Monday that it signed a memorandum of understanding (MOU) with Bank Indonesia (BI) for the bilateral cooperatio...

Retail CU to accept Japan's Ponta Points for payments

South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Sunday that it signed a memorandum of unders...

Retail E-Mart24 opens first store in Cambodia

South Korea's convenience store chain E-Mart24 Inc. announced on Sunday that it opened its first store in Boeung Keng Kang, a bustling district of P...

Food & Beverage Lotte Chilsung Krush beer enters Mongolian market

South Korea's Lotte Chilsung Beverage announced on Friday that its beer brand Krush entered the Mongolian market. The company sponsored Davaida...

Retail GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Retail E-Land Retail to enter convenience store market

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Retail BGF to vigorously expand convenience stores in Kazakhstan

BGF Retail Co., South Korea’s biggest convenience store chain operator, will expand aggressively in Kazakhstan, creating the potential to cran...

Automobiles Kia releases 2024 model year of K9

Kia Corp., South Korea’s No. 2 automaker, released its flagship sedan K9’s model year The 2024 K9 on Tuesday. Kia has enhanced the ext...

Electronics Samsung Bespoke AI Combo sells 1,000 units in three days

Samsung Electronics Co. 's the Bespoke AI Washer & Dryer Combo surpassed 1,000 units sold in three days, Feb. 24 to 26.  The Bespoke AI C...

Artificial intelligence Samsung to unveil its first Galaxy Ring at MWC 2024

BARCELONA - Samsung Electronics Co. is set to unveil its new health biometric tracker Galaxy Ring at the Mobile World Congress (MWC) in Barcelona. T...

Automobiles Hyundai Motor unveils 2024 Kona

Hyundai Motor Co. announced on Tuesday that it unveiled the 2024 model of its best-selling electric vehicle (EV) compact sports utility vehicle (SUV...

Retail E-Mart24 to open 1st convenience store in Cambodia in June

E-Mart24 Inc., a leading South Korean convenience store chain, announced on Friday plans to enter the Cambodian market, aiming to open its first sto...

Retail Korean convenience stores push exports of own brand products

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

Automobiles Hyundai launches 2024 Xcient Pro heavy truck model

South Korean auto giant Hyundai Motor Co. announced on Tuesday the launch of its updated heavy truck model, the '2024 Xcient Pro.' This new model i...

Automobiles Hyundai unveils redesigned SUV Tucson

Hyundai Motor Co. on Wednesday unveiled The new Tucson, the partially redesigned model of its flagship mid-sized sports utility vehicle (SUV). Tuc...

Retail S. Korea’s CU surpasses 500 global stores

South Korean convenience store chain CU announced on Thursday that it surpassed 500 global stores, achieving an annual footfall of 100 million overs...

Bio & Pharma Doctornow signs business agreement with Spain’s Mediktor

South Korea's medical care startup Doctornow Inc. announced on Wednesday it signed a strategic business agreement with global artificial intelligenc...

Retail S.Korea's Emart24 to sell prefabricated house

South Korea’s convenience store chain Emart24 partnered with YMK Construction to launch an innovative range of prefabricated houses, a first i...

Food & Beverage CJ launches new vegan dumplings in UK, Australia, Singapore

South Korean food giant CJ CheilJedang Corp. has rolled out new vegan dumplings with tray packages in the UK, Australia, and Singapore. They are des...

Travel & Leisure S.Korea sees rise in young, independent Chinese tourists

South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...

Automobiles Hyundai Kona Hybrid beats Toyota in German test

Hyundai Motor Co. announced on Friday that its crossover SUV, the Kona Hybrid, received higher scores than the Toyota Corolla Cross Hybrid in a vehi...

Retail E-Mart to open 1st S.Korean convenience store in Cambodia

E-Mart Inc. is set to launch the first South Korean convenience store in Cambodia as the struggling hypermarket giant aims to seek growth opportunit...

Retail S.Korea’s convenience stores sell bottled water without plastic labels

Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...