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 ...
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 ...
Chowis’ ‘Selfie full facial AI Skin Solution’ mySkin F.A.I.N. gets in CES 2023 Innovation Award list
The use of AI and Big Data is widening across sectors, and the beauty and skincare market is one of ...
INTIN introduces new digital healthcare products to improve quality of life
Aging and environmental pollution continue to affect people’s fertility and eventually reduce the quality of life. Compounding the situation is ...
Shinsegae Takes On Alternative Meat Trend with ‘Better Meat’
Shinsegae Group, one of South Korea’s top retail conglomerates, embarked on the rapidly growing alternative meat market. In particular, its ...
KakaoBank’s IPO Draws Record-Breaking Bids Amid Valuation Talks
KakaoBank, Kakao Corp.’s Internet-only retail lender, is set to acquire 2.55 trillion won ($2.2 billion) after pricing its initial public ...
Naver Beefs Up Online-Offline Commerce with Shinsegae Collaboration
Naver Corp., the operator of South Korea’s top search engine, plans to build up its online and offline shopping businesses ...
New Yanolja Unit Offers Digital Travel Tech With Vietnam’s VNTravel
Yanolja Cloud, a South Korean travel technology provider, formed a strategic collaboration with VNTravel, the leading travel company in Vietnam. ...
