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Mergers & AcquisitionsLotte buys S.Korea’s top secondhand e-commerce platform
South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, t...
Mar 23, 2021 (Gmt+09:00)
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BatteriesHyundai to build ultra-fast EV charging infrastructure under E-pit brand
Hyundai Motor Group has unveiled a plan to build high-speed electric car charging infrastructure across the country as the South...
Mar 23, 2021 (Gmt+09:00)
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AutomobilesMando wins $1.2 bn suspension parts order from Volkswagen
South Korean auto parts maker Mando Corp. will supply 1.4 trillion won ($1.2 billion) worth of suspension system components to V...
Mar 23, 2021 (Gmt+09:00)
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Debt financingNaver issues $500 million in first foreign debt amid strong demand
South Korea’s top online portal Naver Corp. has successfully issued its first foreign currency bonds worth $500 million am...
Mar 23, 2021 (Gmt+09:00)
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Korean gamesTencent increases appetite for Korean gaming startups
Chinese technology giant Tencent Holdings has been gobbling up South Korean gaming startups that have yet to launch their first ...
Mar 23, 2021 (Gmt+09:00)
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Bio businessLotte advances into bio business, to acquire stake in Enzychem
South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake ...
Mar 23, 2021 (Gmt+09:00)