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Future mobilityGoogle to buy $50 mn new shares in Kakao Mobility
Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in t...
Apr 01, 2021 (Gmt+09:00)
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Mergers & AcquisitionsShinsegae buys Korean online fashion mall from IMM PE
Shinsegae Group has acquired South Korea's leading online fashion platform from IMM Private Equity, in a transaction estimated a...
Apr 01, 2021 (Gmt+09:00)
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Paradigm shiftHydrogen, aerospace, materials: key words for Korean business leaders
South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipb...
Apr 01, 2021 (Gmt+09:00)
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Korean startupsRECON Labs to drive AR commerce by cutting content creation costs by up to 99%
Does the adoption of augmented reality (AR) technology in e-commerce platforms drive sales? The answer is yes, as the purchase c...
Apr 01, 2021 (Gmt+09:00)
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ESGBOK to stop investing in low ESG scorers
South Korea’s central bank will exclude companies with low ESG ratings from its portfolio of foreign currency assets. The ...
Apr 01, 2021 (Gmt+09:00)
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Mergers & AcquisitionsKorean Air eyes $350 mn in cost savings from Asiana merger
Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, ...
Apr 01, 2021 (Gmt+09:00)
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EconomyBOK to offer news-based weekly economic index
South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank o...
Apr 01, 2021 (Gmt+09:00)
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BatteriesITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy ...
Apr 01, 2021 (Gmt+09:00)
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Future mobilityHyundai Mobis expands mobility business, reveals concept cars
South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a fu...
Apr 01, 2021 (Gmt+09:00)