E-commerce
E-commerce
MBK to delist Korean e-commerce Connectwave after tender offer
Apr 29, 2024 (Gmt+09:00)
-
E-commerce
Alibaba eyes 1st investment in Korean e-commerce platform
China's Alibaba Group Holding Ltd. is likely to make its first investment in a South Korean online shopping platform as it aims to gain a competitive...
Apr 22, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Coupang to raise membership fees, 1st hike in over 2 years
Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as it...
Apr 12, 2024 (Gmt+09:00)
1 Min read -
Regulations
Carcinogens found in kids' goods sold on Chinese apps; Temu under probe
South Korea is looking into Chinese online shopping platforms as some products, including some for children, were found to contain cancer-causing sub...
Apr 08, 2024 (Gmt+09:00)
4 Min read -
E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturers...
Apr 08, 2024 (Gmt+09:00)
1 Min read -
E-commerce
AliExpress, Temu threaten Coupang’s lead in S.Korea
Coupang Inc. is the only South Korea-native e-commerce platform with more monthly active users than China's e-commerce giants AliExpress and Temu in ...
Apr 05, 2024 (Gmt+09:00)
3 Min read -
E-commerce
Blight of failing e-commerce startups in South Korea
Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mill...
Apr 03, 2024 (Gmt+09:00)
4 Min read -
E-commerce
Qoo10 buys Korean department store AK’s e-commerce unit
Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Plaza’s online sh...
Mar 27, 2024 (Gmt+09:00)
2 Min read -
E-commerce
CJ Onstyle boosts live commerce unit
South Korea's CJ OnStyle announced on Wednesday that it broadened its mobile live commerce division by introducing programming, marketing, and new c...
Mar 27, 2024 (Gmt+09:00)
1 Min read -
Regulations
South Korea gets tough with Chinese platforms AliExpress, Temu, Shein
South Korea plans to introduce a get-tough e-commerce policy on Chinese platforms such as AliExpress, Temu and Shein amid increasing complaints about...
Mar 13, 2024 (Gmt+09:00)
3 Min read -
E-commerce
AliExpress sells top K-food maker’s products in S.Korea
AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top f...
Mar 08, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Korea probes AliExpress as Chinese e-commerce threat grows
South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chines...
Mar 07, 2024 (Gmt+09:00)
4 Min read -
E-commerce
AliExpress’ zero-commission offer jolts Coupang, Naver
AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales f...
Jan 31, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Coupang to resume Rocket Delivery for LG H&H; ends 5-year feud
Coupang Inc., South Korea’s leading online retailer, said on Friday it will resume the same or next-day delivery service, dubbed “Rocket ...
Jan 12, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Kurly’s earnings rebound may put IPO back on track
Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track after...
Jan 05, 2024 (Gmt+09:00)
2 Min read -
Retail
Korea’s Gmarket poised to post 1st profit since Shinsegae’s takeover
Gmarket, a major e-commerce website based in South Korea, likely turned to profit in the fourth quarter of last year, which would mark the first time...
Jan 02, 2024 (Gmt+09:00)
2 Min read -
Retail
Shinsegae Gangnam stands out among department stores with $2.3 bn sales
Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale district...
Dec 21, 2023 (Gmt+09:00)
2 Min read -
E-commerce
SK gives up e-commerce platform management
SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their sta...
Nov 29, 2023 (Gmt+09:00)
2 Min read -
E-commerce
SK Square pauses talks with Qoo10 over 11Street deal
SK Square Co., an investment arm of South Korea’s No. 2 conglomerate SK Group, has suspended negotiations with Singapore-headquartered e-commer...
Nov 17, 2023 (Gmt+09:00)
2 Min read -
E-commerce
Alibaba continues eyeing S.Korean e-commerce M&A
Chinese tech giant Alibaba Group is seeking to purchase a major online retail platform in South Korea, one of the world’s largest e-commerce ma...
Nov 15, 2023 (Gmt+09:00)
1 Min read -
Earnings
Naver posts record Q3 sales, profit on e-commerce
South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales grow...
Nov 03, 2023 (Gmt+09:00)
3 Min read -
E-commerce
SK Square in talks with Qoo10 for joint management of 11Street
SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore-...
Oct 27, 2023 (Gmt+09:00)
3 Min read -
E-commerce
China’s Temu challenges homegrown e-commerce platforms in Korea
Temu, a popular Chinese discount e-commerce platform that landed in South Korea just a few months ago, has apparently cracked homegrown players&rsquo...
Oct 19, 2023 (Gmt+09:00)
3 Min read -
E-commerce
Live commerce app Grip aims to expand into Japan, US in 2024
Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the ...
Sep 20, 2023 (Gmt+09:00)
2 Min read -
E-commerce
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury br...
Aug 08, 2023 (Gmt+09:00)
1 Min read -
E-commerce
Coupang taps former Trump aide for political relations
South Korean e-commerce giant Coupang Inc. hired a top aide of former US President Donald Trump to expand its political network in Washington and sec...
Jul 04, 2023 (Gmt+09:00)
1 Min read -
E-commerce
Mounting deficits, time bomb for Korean e-commerce biz
Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that s...
May 30, 2023 (Gmt+09:00)
3 Min read -
E-commerce
Luxury fashion platform Balaan faces thinning coffers amid mounting loss
Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on-...
Apr 14, 2023 (Gmt+09:00)
3 Min read -
E-commerce
Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice
The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online com...
Apr 07, 2023 (Gmt+09:00)
1 Min read -
E-commerce
Kurly seeks fresh funding at half its peak valuation
Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about h...
Apr 03, 2023 (Gmt+09:00)
3 Min read
Hidden Champions
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
Future Unicorns
-
RIDI
Published: Sep 28, 2021
Last updated: Mar 29, 2022
-
iCore
Published: Oct 07, 2022
Last updated: Apr 17, 2023
-
Sandbox Network
Published: Mar 22, 2021
Last updated: Jul 23, 2021
-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
SuperBin
Published: Nov 30, 2021
Last updated: May 06, 2022
Latest News