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Artificial intelligenceNvidia co-leads Series A round for AI startup Twelve Labs
Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intell...
Jun 05, 2024 (Gmt+09:00)
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EconomyS.Korea beats Japan in GNI per capita for 1st time in 2023
South Korea outstripped Japan in terms of per capita gross national income (GNI) for the first time in 2023, central bank data s...
Jun 05, 2024 (Gmt+09:00)
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RetailShinsegae, 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 ...
Jun 05, 2024 (Gmt+09:00)
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Private equityKorea's KDB widens gap in VC fundraising in H1; NPS to fund in July
The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms ...
Jun 05, 2024 (Gmt+09:00)
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E-commerceYouTube, Coupang offer Shopping affiliate program in Korea
YouTube has started offering its Shopping affiliate program in South Korea in partnership with the country’s No. 1 e-comme...
Jun 05, 2024 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy wins certification for ammonia fuel VLAC
South Korea's Samsung Heavy Industries announced on Wednesday that it obtained Approval in Principle (AIP) from Lloyd's Register...
Jun 05, 2024 (Gmt+09:00)
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MachineryDoosan Bobcat ramps up Chennai plant in India
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wed...
Jun 05, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor launches 2025 model year of Grandeur
Hyundai Motor Co. announced on Wednesday that it launched its flagship sedan Grandeur's model year the 2025 Grandeur. The G...
Jun 05, 2024 (Gmt+09:00)
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BatteriesLG Energy, ADI tie up for fast-charging EV battery technologies
LG Energy Solution Ltd., the world’s No. 3 electric vehicle battery maker, joined hands with US chipmaker Analog Devices I...
Jun 05, 2024 (Gmt+09:00)
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Electric vehiclesLG-Kakao EV charger JV LG Uplus VoltUp sets sail
LG Uplus Corp., South Korea’s third-largest mobile carrier, and the country’s largest taxi-hailing platform Kakao Mo...
Jun 05, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG CNS unveils PerfecTwin ERP Edition in US
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Wednesday that it unveiled its testing ...
Jun 05, 2024 (Gmt+09:00)
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Mergers & AcquisitionsMonalisa, Ssangyong C&B sold to Indonesia's APP
South Korea's hygiene products company Monalisa and Ssangyong C&B, known for its toilet paper brand Codi, will be sold to In...
Jun 05, 2024 (Gmt+09:00)
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Korean startupsDog meetup app MMDC aspires to be AI pet nanny
Some call it social media for dogs, others say it's a dating app for their four-legged friends. No matter what you call it, the ...
Jun 05, 2024 (Gmt+09:00)
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SteelSouth Korean steelmakers run plants only at night as demand plummets
South Korea’s major steelmakers are running their plants only at night to cut costs as demand for rebars, or reinforced ba...
Jun 05, 2024 (Gmt+09:00)
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Corporate bondsKorea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have fl...
Jun 05, 2024 (Gmt+09:00)
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RoboticsCJ Logistics, Libiao Robotics partner to co-work for robotic system
South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partner...
Jun 05, 2024 (Gmt+09:00)
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Future mobilityKorea’s Kakao Mobility unveils global ride-hailing app to court Uber
Kakao Mobility Corp., South Korea’s top ride-hailing service provider, on Tuesday introduced the release of its global app...
Jun 05, 2024 (Gmt+09:00)