Good Food For Good (GFFG)
Scope
Date
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Korean food
CJ's Bibigo bolsters sports marketing with PGA tours sponsorship
Scottie Scheffler, a top-ranked American professional golfer, gave a shoutout to food served by CJ CheilJedang Corp. during The CJ Cup golf tourname...
Apr 30, 2024 (Gmt+09:00)
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Retail
Used goods platform Gugus shines in slowing luxury market
Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted double-digit growth in revenue and transactions in the first q...
Apr 23, 2024 (Gmt+09:00)
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Economy
In Korean food prices, everything’s up: Now it’s dried seaweed's turn
First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...
Apr 18, 2024 (Gmt+09:00)
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Energy
HD Hyundai Oilbank kicks off biodiesel mass production
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...
Apr 18, 2024 (Gmt+09:00)
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Private equity
Affinity eyes full control of food container maker Lock & Lock
Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock & Lock, is slated to buy most of the compa...
Apr 18, 2024 (Gmt+09:00)
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Korean startups
Korean unicorns’ failed global expedition causes growth concern
Woowa Brothers Corp. and Viva Republica Inc., South Korea’s most valuable unicorns, have pulled the plug on some of their overseas businesses ...
Apr 16, 2024 (Gmt+09:00)
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Retail
Korea leads global online shopping trend for used luxury goods
South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...
Apr 09, 2024 (Gmt+09:00)
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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 su...
Apr 08, 2024 (Gmt+09:00)
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Food & Beverage
Nongshim Kellogg overtakes Dongsuh as Korea’s top cereal maker
Just a few years back, cereals meant cornflakes eaten with milk during busy mornings in South Korea.Nowadays, however, cereals mean granola made of ...
Apr 04, 2024 (Gmt+09:00)
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Economy
Korea’s rate cut hope wanes with inflation above 3% in March
South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...
Apr 02, 2024 (Gmt+09:00)
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Korean startups
Money pours in for technology to reshape Korean restaurants
Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...
Apr 01, 2024 (Gmt+09:00)
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Artificial intelligence
Naver, named 3rd most innovative company in the Asia-Pacific
South Korea’s online giant Naver Corp. ranked as the third most innovative company in the Asia-Pacific by a top US business magazine for the p...
Mar 21, 2024 (Gmt+09:00)
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Robotics
CJ Freshway, Hanwha Robotics to team up for food robots
South Korea's CJ Freshway Corp. and Hanwha Robotics will jointly develop food robots. The two companies signed a memorandum of understanding ...
Mar 15, 2024 (Gmt+09:00)
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Retail
Premium children's brands buck falling birth rate in Korea
Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...
Mar 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
South Korea’s Daesang retracts bid to acquire China’s Chengfu Food
South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heil...
Mar 08, 2024 (Gmt+09:00)
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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 ...
Mar 08, 2024 (Gmt+09:00)
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Electronics
LG opens ‘Life’s Good’ experience space in Singapore
LG Electronics Inc. announced on Monday that it opened its "Life's Good" brand experience space in Singapore. Located in the upscale Millenia Walk m...
Feb 19, 2024 (Gmt+09:00)
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Korean food
BBQ opens delivery store in Vietnam
BBQ, a popular South Korean fried chicken brand announced on Friday that it opened its first delivery and takeout store in Vietnam.The store is at V...
Feb 16, 2024 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang overseas food sales surpasses domestic market
South Korea's CJ CheilJedang Corp. announced on Tuesday that its overseas food sales surpassed the domestic market in the fourth quarter performan...
Feb 14, 2024 (Gmt+09:00)
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Korean food
After frozen Kimbap craze, here comes Korean street food
It all began in August, when hundreds of tons of frozen South Korean kimbap, or seaweed-wrapped rice rolls, sold out within a month of their arrival...
Feb 01, 2024 (Gmt+09:00)
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Earnings
Samyang’s power: Hot Chicken Flavor Ramen by daughter-in-law
Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...
Feb 01, 2024 (Gmt+09:00)
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Retail
Korean convenience stores push exports of own brand products
South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...
Jan 30, 2024 (Gmt+09:00)
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Korean food
Lotte Mart debuts Korean street food store in Indonesia
South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...
Jan 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai N Vision 74 wins 2023 Good Design Award
Hyundai Motor Group announced on Thursday that its nine products across Hyundai Motor Co., Kia Corp., and premium brand Genesis have received top ...
Jan 18, 2024 (Gmt+09:00)
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Food & Beverage
Daesang launches alternative sweetener brand Sweevero
South Korean food company Daesang Corp. announced on Tuesday that it is launching the integrated brand "Sweevero" for alternative sweeteners like al...
Jan 16, 2024 (Gmt+09:00)
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Korean food
Bibigo, K-food a success case in Harvard Business School study
Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading bra...
Jan 15, 2024 (Gmt+09:00)
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Food & Beverage
Daesang launches kimchi paste, spread for US, Europe
South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...
Jan 10, 2024 (Gmt+09:00)
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Korean food
Korean fried chicken: World's favorite K-food
In 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourth consecutive year a...
Jan 05, 2024 (Gmt+09:00)
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Korean food
CJ CheilJedang to boost K-Street Food exports
Korean food giant CJ CheilJedang Corp. is seeing major success with its "K-Street Food" line, a selection of iconic Korean street snacks with global...
Jan 02, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Food tech market emerges as IT firms' new battleground
The food technology market is set to become the new battleground for tech giants and startups as they race to develop the world's most customized an...
Dec 27, 2023 (Gmt+09:00)