Hotel Shilla and Naver’s Strategic Partnership to Elevate the Travel Retail Experience
Shilla Duty Free has formalized a strategic partnership with Naver, South Korea's prominent internet portal, to propel its digital transformation. ...
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GS Retail led consortium acquires food delivery app Yogiyo
GS Retail Co LTD has partnered with two private equity firms to buy Yogiyo, the number two online food delivery ...
Lotte, Shinsegae Bid to Acquire eBay, Korea’s 3rd-Largest Retail Platform
The two South Korean retail companies, Lotte Group, and Shinsegae Group submitted their binding bids to acquire eBay Korea. Investment banking sources said ...
Yogiyo’s Acquisition Bidding Attracts Major Korean PEFs and Retailers
Yogiyo, South Korea’s second-biggest online food delivery platform, has attracted around ten preliminary bidders, many of which are domestic retail ...
COMEUP 2020 Day 3: The Future of Retail: A Tale of Blending Realities
The Ministry of SMEs and Startups successfully launched this year’s biggest startup festival in South Korea, the COMEUP 2020, from November 19-21. The ...
Retail Giants, Lotte, E-Mart, Face Falling Profits
Two of South Korea’s largest retailers, Lotte and E-Mart are struggling to raise their failing profits amidst changing business environment ...
Wiseapp: Koreans spent the most at Starbucks in the beverage retail business
Koreans spent a lot, estimated at about 1.44 trillion won (about US$1.26 billion) with credit and check cards last year ...
South Korea’s Semiconductor Giants Lead Amidst Tech Sector Shifts: A Look Back at 2023
The semiconductor industry holds paramount importance for South Korea for its technological prowess and economic vitality in the world. With ...
KT Corporation Shuts Down NFT Platform MINCL Amid Shifting Business Landscape
South Korea's telecom giant KT Corporation, with assets exceeding $32 billion, is set to close its NFT platform, MINCL, effective ...
User Naver Begins Recruiting AI startups for Its “Project Flower” as a Part of “AI Ride HyperClovaX” Campaign
Naver (CEO Choi Soo-yeon) announced it will hold an ‘AI RIDE HyperclovaX’ contest to recruit startups to participate in “Project ...
Government-Backed Initiative: KT Unveils Budget-Friendly Galaxy Jump 3 Smartphone
KT has officially disclosed its exclusive partnership with Samsung Electronics to release the 'Galaxy Jump 3,' a mid-to-low-priced smartphone priced ...
COMEUP 2023: South Korea’s Premier Global Startup Festival to Host Record International Participation
The South Korea Ministry of SMEs and Startups, in partnership with the Korea Startup Forum, is thrilled to unveil the ...
Naver Corp. Introduces AI-Driven Hotel Recommendations with “For You” Beta Service
South Korea's prominent web portal company, Naver Corp., has ventured into artificial intelligence (AI)-driven hotel recommendations by launching a beta ...
Krafton and Naver Introduce Overdare: A New Metaverse Realm
Krafton Inc., the prominent South Korean game developer, is set to launch a collaborative metaverse platform in partnership with Naver ...
Samsung Electronics Enters Food Tech with ‘Samsung Food’ AI Nutrition Platform
Samsung Electronics, the Korean technology powerhouse, is set to introduce "Samsung Food," a platform designed to curate tailored dietary plans ...
Korean IT company CJ OliveNetworks fosters young creative talent through the ‘Local Pioneer School’ program
CJ OliveNetworks, a Seoul-based digital service company that provides system integration, cloud solutions, digital marketing, and IT infrastructure services, is ...
South Korean Trade Ministry unveils a public-private forum for efficient green energy supply
South Korea's Ministry of Trade, Industry and Energy has unveiled a public-private forum for domestic companies. The forum will enable ...
K-Startup Grand Challenge 2023: Deadline for applications approaching for global startups to join South Korea’s most prominent acceleration program
The K-Startup Grand Challenge (KSGC), an all-paid 15-week residency for deep tech startups, is accepting applications until May 18, 2023, ...
Semiconductor, automobile and other factory output goes up by 5.1 percent in Korea
South Korea's factory output observed a 5.1 percent rise in March. Statistics Korea, the official statistics generator of South Korea, ...
SK Telecom and Mirae Asset Securities to develop security token ecosystem in South Korea
SK Telecom and Mirae Asset Securities have announced their partnership that will pursue the expansion of the security token ecosystem ...
