Trip.com

E-commerce Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

E-commerce JD.com opens Korean logistics centers, preluding C-commerce invasion

JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...

Automobiles Hankook Tire, Lamborghini strengthen ties as chairmen set to meet

Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Technology Co., i...

Corporate restructuring Shinsegae affiliate SSG.COM secures Olympus as new financial investor

Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...

Automobiles Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards

Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...

E-commerce Loss-making Gmarket joins Shinsegae’s job cut spree

Gmarket Inc. will cut jobs for the first time since it was acquired by South Korea’s retail giant Shinsegae Group in 2021, joining the group&r...

Food & Beverage South Korea's hy to export Helicobacter Project Will to China

South Korea's hy, formerly known as Korea Yakult and a leader in dairy products, said on Monday that it started exporting its fermented milk product...

Artificial intelligence KT unveils photos of Canadian fall destinations using GenAI

KT Corp. unveiled on Monday the Canadian edition of Genie TV's AI Travel View, which was created using generative artificial intelligence technology...

Travel & Leisure Rising overseas trips to raise Korea’s travel account deficit

Demand for overseas travel among South Koreans during the upcoming holiday grew, while the number of inbound tourists from China is expected to shri...

Corporate restructuring Affinity-backed SSG.COM offers 1st voluntary redundancies

Money-losing SSG.COM, once the most popular online shopping mall in South Korea, is asking some of its employees to volunteer to leave the company f...

Leadership & Management LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

Retail Shinsegae, CJ to tie up for product delivery, food launch

Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmark...

Retail Shinsegae guarantees PE firms’ SSG.COM exit amid delayed IPO

Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy shares in SSG.COM f...

Business & Politics S.Korea, UAE sign economic partnership, reaffirm $30 bn investment

South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...

Earnings Yanolja gains momentum with cloud, overseas trip businesses

SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...

The KED View Shinsegae’s day of reckoning looms for online ambitions

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

Retail Shinsegae faces off with Affinity, BRV over SSG.COM

Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 millio...

Banking & Finance Korea's BC Card launches Trip.Pass for foreign visitors

South Korea's BC Card announced on Tuesday that it launched a "Trip.Pass Card" and "Trip.Pass QR Payment Service" for foreign tourists with the dome...

Corporate governance KT&G’s No. 1 shareholder IBK vetoes naming Bang as CEO

South Korea’s KT&G Corp., the world’s leading tobacco maker, is facing challenges in its chief executive appointment as the firm&rsq...

Travel & Leisure Korean travel agencies enjoy surging overseas trip demand

South Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to improve further this...

Leadership & Management Samsung’s Jay Y. Lee heads to Europe for partner meetup, Busan Expo

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to Europe as he seeks to tighten cooperation with Samsung’s key bu...

Korean food Samyang draws record-high sales on Singles' Day in China

South Korea's Samyang Foods Co. announced on Thursday its sales during China's largest shopping festival, Singles' Day (Nov. 11), reached a new re...

Electronics LG to open Kitchen Trip in 100 accommodations in S.Korea

LG Electronics Inc. said on Monday it will start the LG Kitchen Trip, the event of its home appliances for customer experience in 100 tourist spor...

Travel & Leisure Overseas trips top pre-pandemic levels during Chuseok holiday

The number of South Koreans who spent this year’s six-day holiday of Chuseok abroad exceeded pre-pandemic levels, indicating a recovery in the...

Cryptocurrencies Com2uS XPLA listed on S.Korea's crypto exchange Gopax

South Korea's Com2uS Holdings Corp. announced on Monday that the cryptocurrency called XPLA used in the Com2uS Group's blockchain mainnet of the s...

Business & Politics North Korea’s Kim Jong Un Expected to Meet Putin in Russia

WASHINGTON—North Korean leader Kim Jong Un is expected to travel to Russia soon to meet with President Vladimir Putin, U.S. officials said Mon...

Travel & Leisure Hanatour launches real-time travel info-sharing chat app

South Korea's leading travel agency Hanatour Service Inc. has launched the location-based travel-specialized open chat service app called "Hana Open...

E-commerce SSG.Com announces global first launch of Piaget's new watch

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

Travel & Leisure Seoul is fourth most searched global city for summer travel: survey

The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...

Banking & Finance Shinhan Financial chief in Europe to meet with BNP Paribas, investors

Jin Ok-dong, chairman of Shinhan Financial Group Co., is off to Europe for investor relations sessions with its shareholders, including BNP Paribas ...