Death Becomes Her
Scope
Date
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Mergers & Acquisitions
DL Chem seals $2.5 bn purchase of US chemical maker Kraton
DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...
Sep 28, 2021 (Gmt+09:00)
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Batteries
SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV
SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...
Sep 28, 2021 (Gmt+09:00)
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Markets
Market boom drives more S.Koreans to become angel investors
Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...
Sep 24, 2021 (Gmt+09:00)
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Cryptocurrencies
Korea’s top cryptocurrency exchange operator becomes decacorn
Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...
Sep 23, 2021 (Gmt+09:00)
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Korean games
Cookie Run developer enjoys 1126% year-to-date growth in stock price
Devsisters Corporation, the developer of the globally popular mobile game Cookie Run, has become a “ten bagger” stock with its price ris...
Sep 23, 2021 (Gmt+09:00)
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Asia’s Covid-19 Success Stories Warily Ponder Post-Vaccination Moves
Earlier this month, Singapore reached a Covid-19 milestone: The fully vaccinated portion of the population crossed 80%. But instead of moving ahead wi...
Sep 15, 2021 (Gmt+09:00)
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Private debt
Monroe Capital opens first Asian outpost in Seoul
The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...
Sep 14, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen: Next big thing for stock investors in Korea
In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...
Sep 13, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy becomes third-most subscribed Korean IPO
Hyundai Heavy Industries Co. became the third-most subscribed stock in South Korea after its initial public offering drew 1,130 trillion won ($968 b...
Sep 08, 2021 (Gmt+09:00)
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Food & Beverage
HiteJinro's fruit-flavored soju bedazzles Chinese MZers
South Korea’s leading soju maker HiteJinro Co. has captivated China with its fruit-flavored soju products, gaining much popularity among local...
Sep 08, 2021 (Gmt+09:00)
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Korean startups
NPIXEL emerges as fastest Korean game company to become unicorn
South Korea-based game developer NPIXEL Co. has become the country’s fastest game company to join the unicorn club after raising 100 billion w...
Sep 01, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to ramp up production capacity of foldable devices by 50%
Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...
Aug 30, 2021 (Gmt+09:00)
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Korean startups
Swit Technologies' valuation tops $80 mn in Series A round
Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...
Aug 27, 2021 (Gmt+09:00)
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Logistics
SK gas stations to become CJ Logistics micro-fulfillment centers
South Korea’s leading logistics company CJ Logistics Corp. teamed up with SK Energy to aim the domestic quick commerce market, utilizing gas s...
Aug 27, 2021 (Gmt+09:00)
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Chief Executives
Father of Krafton's PUBG eyes the expansion of games
In September 2020, Krafton Inc.’s blockbuster game PlayerUnknown’s Battlegrounds (PUBG) hit a major roadblock. India prohibited Chinese ...
Aug 24, 2021 (Gmt+09:00)
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Korean startups
AI edtech startup KidsLoop joins unicorn club
Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...
Aug 23, 2021 (Gmt+09:00)
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Artificial intelligence
S.Korean firms start training AI professionals to address talent shortage
South Korea’s major business groups have started to foster their own talents in the field of artificial intelligence (AI) to address the widen...
Aug 19, 2021 (Gmt+09:00)
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Leadership & Management
Kakao Group’s past, present and future as conglomerate
Kakao Corp., which a decade ago was merely a mobile messenger operator, has now grown into one of the largest business groups in South Korea. The in...
Aug 17, 2021 (Gmt+09:00)
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M&As
Naver to acquire 20% of Cafe24 to strengthen e-commerce presence
Naver Corp., South Korea’s top online portal, is set to acquire 20% of Cafe24, a Seoul-based global e-commerce solutions provider, to expand i...
Aug 09, 2021 (Gmt+09:00)
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Electric vehicles
IONIQ 5 becomes 4th-most sold EV in Norway in July
Hyundai Motor Co.’s first all-electric car IONIQ 5 is making a strong debut this year in Norway, the principal battlefield in Europe for globa...
Aug 08, 2021 (Gmt+09:00)
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SK Hynix to set up US NAND firm led by Intel’s senior vice president
SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...
Aug 06, 2021 (Gmt+09:00)
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IPOs
KakaoBank becomes Korea's most valuable lender
KakaoBank Corp. became South Korea’s first listed internet-only bank and the country's most valuable lender upon its trading debut on Aug. 6...
Aug 06, 2021 (Gmt+09:00)
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COVID-19
Korean govt to spend $1.9 billion to become world’s leading vaccine maker
The South Korean government will invest 2.2 trillion won ($1.9 billion) by 2025 to become a top five vaccine producer in the world. President Moon J...
Aug 05, 2021 (Gmt+09:00)
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Pension funds
Ahn becomes NPS' first CIO to enter 2nd extended term
Ahn Hyo-joon has become the first chief investment officer of the National Pension Service (NPS) to enter a second extended term, after leading the ...
Jul 29, 2021 (Gmt+09:00)
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Batteries
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...
Jul 28, 2021 (Gmt+09:00)
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IPOs
Krafton aims to become global content provider with $3.7 bn IPO
South Korean game developer Krafton Inc. dreams of growing into global content provider with an up to $3.7 billion fund to be raised from an initial...
Jul 26, 2021 (Gmt+09:00)
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IPOs
KakaoBank's IPO draws $2 tn in bids despite valuation debate
The initial public offering of South Korea's KakaoBank has drawn the largest-ever amount of bids from institutional investors for a domestic listing...
Jul 22, 2021 (Gmt+09:00)
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Korean chipmakers
LG Innotek’s substrate business becomes a cash cow
Korea’s leading camera module maker LG Innotek Co. is projected to post record earnings this year thanks to its fast-growing integrated circui...
Jul 19, 2021 (Gmt+09:00)
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Corporate Bonds
Korea’s cash-rich firms issue more bonds amid low interest environment
Some of the most cash-abundant firms across different industries in South Korea are issuing large amounts of bonds to raise even more funds amid a l...
Jul 19, 2021 (Gmt+09:00)
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Pre-IPOs
Masayoshi Son's top pick Yanolja eyes 2023 Nasdaq listing
South Korea's largest travel platform Yanolja has raised 2 trillion won ($1.7 billion) from the Masayoshi Son-led SoftBank Vision Fund II, marking t...
Jul 15, 2021 (Gmt+09:00)
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Latest News
- 1 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 2 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 3 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 4 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 5 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs