Samsung affiliate Harman acquires ZF’s ADAS unit for 1.5 billion euros
Samsung Electronics Co. is stepping up its drive into automotive electronics technology, agreeing to acquire the advanced driver assistance systems ...
Musinsa, Shinsegae V shine in K-fashion platform war; Ably, Zigzag struggle
Musinsa, South Korea’s fashion unicorn backed by KKR Co., and Shinsegae V, the online luxury item marketplace of retail giant Shinsegae Intern...
Samsung E&A, Veolia, Quantum Capital vie for Malaysia’s top waste management firm Cenviro valued at $1 bn
South Korea’s Samsung E&A Co., formerly Samsung Engineering Co., is seeking to acquire a controlling stake in Malaysia’s largest was...
Korean department stores recast themselves as global content platforms
South Korea’s largest department stores are quietly dismantling the old formula for going global. Rather than staking out pricey real estate o...
GS Group joins IMM-led group to invest in digital platform Kakao Healthcare
South Korea's energy-to-retail conglomerate GS Group is set to invest between 10 billion-20 billion won ($6.8 million-$13.6 million) in Kakao Health...
AliExpress-led Chinese e-commerce stumbles in South Korea
The surge of Chinese e-commerce in South Korea is losing steam, with AliExpress, the biggest of the group, posting a 20% year-over-year drop in sa...
Beyond shopping: Central Department Store’s Korean fashion play
In Bangkok’s bustling Gangnam-equivalent of Chidlom, where cafe culture meets couture, Thailand’s largest department store chain, Centra...
Samsung E&A wins $475 mn contract to build low-carbon ammonia plant in US
Samsung E&A Co. has secured a contract worth $475 million (680 billion won) to build a low-carbon ammonia production plant in the US, marking it...
Seoul court acquits Kakao founder of stock manipulation charges
Kakao Corp. founder Kim Beom-su was acquitted on Tuesday of stock manipulation charges related to the company’s high-profile 2023 acquisition ...
K-beauty boom spurs venture rush into niche Korean startups
Venture capital is pouring into fledgling cosmetics labels as big Korean beauty brands already command lofty valuations.Fruitful, the company behind...
Naver set to bring Dunamu under wing in stablecoin drive
Naver Corp., South Korea’s platform powerhouse, is seeking to fold Dunamu Inc., operator of the world’s fourth-largest crypto exchange U...
Emerging K-beauty giant APR eyes biotech sector with anti-aging therapies
APR Co., one of South Korea's fastest-growing beauty companies, has unveiled plans to expand into the biotechnology sector as it seeks to position i...
Kpop Demon Hunters makes new Netflix history, surpassing 300 mn views
The runaway success of KPop Demon Hunters shows no signs of slowing. It has become the first title in Netflix’s history to surpass 300 million...
Kakao, Toss rev up for AI super app showdown
Kakao Corp. is ramping up efforts to transform KakaoTalk, the dominant messenger app used by over 90% of South Korea’s 50 million people, into...
Disney to buy into Webtoon in new comics platform tie-up
The Walt Disney Co. will acquire a 2% equity stake in Webtoon Entertainment Inc., a digital comic and novel platform operator owned by South Korea&r...
Korean Wave goes secondhand: resale market heats up
The global fascination with K-pop and Korean culture is now spreading into online resale platforms as international fans increasingly seek a wider a...
Hyundai E&C lands $3 bn seawater treatment plant deal in Iraq
Hyundai Engineering & Construction Co. (Hyundai E&C), the construction company under South Korea’s Hyundai Motor Group, has bagged a $...
CJ ENM to enter India's OTT market via Amazon’s free streaming platform
CJ ENM Co., South Korea’s entertainment powerhouse, is set to release its hit drama series on Amazon MX Player, an ad-based free over-the-top ...
Tesla fuels 55% surge in Korea’s online car sales, lifting e-commerce
South Korea’s online car sales surged more than 50% year over year in July, driven by the arrival of new electric car models from foreign bran...
GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn
GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA fo...
Luxury platform Balaan taps family office AAK as conditional buyer
Balaan Co., South Korea’s leading luxury goods platform under court protection, has selected Seoul-based family office Asia Advisors Korea (AA...
Mastern Investment puts 13 E-Mart outlets up for sale in package deal
Mastern Investment Management Co., a Seoul-based real estate investment firm, is putting 13 E-Mart Inc. outlets it acquired from the South Korean re...
EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn
Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...
Korea’s retail giant E-Land mulls sale of some F&B brands
South Korea’s retail giant E-Land Group is considering restructuring its food and beverage (F&B) business by selling struggling dining and...
Dollar store Daiso bucks retail slump, surpasses E-Mart, Lotte in valuation
Daiso, the largest discount store chain in South Korea, has turned the broader slump in offline retail into a growth opportunity, emerging as a game...
Korea’s homegrown OTT Watcha under court receivership as startup failures mount
South Korea’s homegrown streaming platform Watcha Inc. has entered court receivership after a Seoul court approved a creditor-led filing for c...
Keistone Partners acquires e-commerce logistics firm GoodsFlow from SK Energy
Keistone Partners has acquired GoodsFlow Co., an e-commerce logistics service provider, from oil refiner SK Energy Co. in a deal valued at around 50...
Weverse BTS Community tops 30 mn subscribers, platform's largest
The BTS Community on Weverse, the online fan engagement platform where the boy band first announced plans to return as a full-member group next spri...
Jennie, J-Hope, Jin sweep Spotify’s global K-pop rankings for mid-2025
K-pop icons Jennie of Blackpink and BTS members Jin and J-Hope have taken over Spotify’s mid-year 2025 Global Impact List, claiming the majori...
South Korea’s Lee completes cabinet lineup with IT executive, lawmaker
South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...
