Kakao digital wallet
Scope
Date
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K-pop
K-pop stocks surge as China set to loosen cultural ban after 9 years
Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...
Apr 29, 2025 (Gmt+09:00)
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Earnings
Kia maintains double-digit margin in Q1 with record revenue
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting recor...
Apr 25, 2025 (Gmt+09:00)
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Markets
Kakao shares sink on SK Telecom’s stake sell-off news
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
Apr 25, 2025 (Gmt+09:00)
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Corporate strategy
Samsung seeks tech alliance with top US universities for robotics, AI, 6G
In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North Am...
Apr 22, 2025 (Gmt+09:00)
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Entertainment
Kakao Entertainment scraps IPO, seeks new buyer
Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take ...
Apr 08, 2025 (Gmt+09:00)
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Entertainment
Kakao Entertainment sheds loss-making units, revives IPO prospects
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...
Apr 07, 2025 (Gmt+09:00)
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Asset management
Strong momentum in non-US markets, digital real estate: Principal AM CEO
It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sa...
Apr 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
VIG taps KDB financing to buy 40% stake in Kakao Mobility
South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...
Mar 27, 2025 (Gmt+09:00)
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Cryptocurrencies
BlackRock sees digital assets at critical turning point
Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...
Mar 25, 2025 (Gmt+09:00)
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Real estate
Shinhan REITs picked as sole bidder for BNK Digital Tower
Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...
Mar 21, 2025 (Gmt+09:00)
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Leadership & Management
Kakao founder Kim to resign as control tower chair
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Mar 13, 2025 (Gmt+09:00)
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Webtoons
Naver’s Webtoon hints at ad business expansion in 2025
Webtoon Entertainment Inc., the Nasdaq-listed storytelling platform operator under South Korea’s internet giant Naver Corp., is set to expand ...
Mar 10, 2025 (Gmt+09:00)
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Earnings
Korean financial holding firms log record-high profits in 2024
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
Feb 04, 2025 (Gmt+09:00)
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Artificial intelligence
Kakao set to announce AI partnership with OpenAI
Kakao Corp., South Korea’s dominant mobile platform, is expected to unveil a business partnership with OpenAI to incorporate the technology of...
Feb 03, 2025 (Gmt+09:00)
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IPOs
Korean B2B fintech firm Dozn plans Kosdaq IPO for $202.5 mn market cap
South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...
Jan 31, 2025 (Gmt+09:00)
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Earnings
Kia hits record 2024 sales; profit margins highest among global automakers
South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, ...
Jan 24, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins $2.6 bn order for 12 container ships
South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...
Jan 23, 2025 (Gmt+09:00)
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Deals
IMM PE exits Woori Financial with double-digit return
IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean fi...
Jan 20, 2025 (Gmt+09:00)
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Webtoons
Piccoma tops consumer spending ranking in Japan
Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...
Jan 17, 2025 (Gmt+09:00)
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Cryptocurrencies
Korea seeks tighter control over digital coins, mulls mandatory disclosures
South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...
Jan 15, 2025 (Gmt+09:00)
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Korean startups
Imagoworks raises $15.6 mn in Series C funding
Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...
Dec 31, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to commercialize BMS solution
South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...
Dec 23, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha's financial companies open AI center in San Franciso
South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...
Dec 10, 2024 (Gmt+09:00)
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Korean stock market
Korean stocks diverge: Winners, losers of Yoon’s martial law debacle
South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial law declaration, re...
Dec 04, 2024 (Gmt+09:00)
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Entertainment
SM's UK K-pop group Dear Alice to debut with Gamma
South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop boy group Dear Alice.A...
Nov 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Saudi Arabia's NHC to build JV
South Korea’s Naver Corp. said on Monday it signed a memorandum of understanding (MOU) with Saudi Arabia’s National Housing Company (NHC...
Nov 18, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Team Naver unveils digital twin platform in Saudi Arabia
Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...
Nov 15, 2024 (Gmt+09:00)
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Cryptocurrencies
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Nov 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK C&C unveils digital SHE consulting service
South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service, the artificial intelligence (AI) platform tha...
Nov 14, 2024 (Gmt+09:00)
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Logistics
Kakao Mobility, Samyang Logistics partner on fulfillment services
Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, said on Monday that it partnered with logistics firm Samyang Logis...
Nov 12, 2024 (Gmt+09:00)
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