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E-commerceKorean e-commerce platforms struggle to draw new capital
South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial...
Aug 05, 2024 (Gmt+09:00)
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Korean startupsMLOps startup Vessl AI eyes 50% sales from US in 2025
Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a c...
Aug 05, 2024 (Gmt+09:00)
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Shipping & ShipbuildingKorean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals
South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additio...
Aug 05, 2024 (Gmt+09:00)
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Korean stock marketSouth Korean stock market crashes; more falls seen ahead
The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic ne...
Aug 05, 2024 (Gmt+09:00)
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InfrastructureMacquarie buys its 1st Korean data center for $538 mn
Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS A...
Aug 05, 2024 (Gmt+09:00)
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Cloud computingMetanet Tplatform acquires location-based service provider
South Korea's cloud management service provider (MSP) Metanet Tplatform Co. has acquired domestic location-based service provide...
Aug 05, 2024 (Gmt+09:00)
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Beauty & CosmeticsShinsegae buys low-cost cosmetics brand Amuse from Naver Snow
South Korea's Shinsegae International Inc. announced on Friday that it will acquire 100% of Amuse Corp., a cosmetics brand, for ...
Aug 05, 2024 (Gmt+09:00)
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Korean stock marketKorean tech stocks suffer falls despite strong Q2 results
Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their sha...
Aug 05, 2024 (Gmt+09:00)
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RetailGS25 to challenge Daiso in low-cost cosmetics market
South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic ...
Aug 05, 2024 (Gmt+09:00)
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Korean chipmakersWill Samsung benefit from Nvidia’s new AI chip delays?
Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in ship...
Aug 05, 2024 (Gmt+09:00)
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Korean foodSouth Korea enjoys record-high kimchi exports in first half
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data...
Aug 05, 2024 (Gmt+09:00)
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Electric vehiclesLS Cable breaks ground for bus ducts plant in Mexico
South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-sca...
Aug 05, 2024 (Gmt+09:00)