Yogiyo Express
Scope
Date
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Retail
Baemin, Yogiyo see record transaction drops in Feb amid Coupang's rise
South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...
Mar 24, 2025 (Gmt+09:00)
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Logistics
LX Pantos acquires logistics center near Atlanta for $120 mn
LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...
Mar 11, 2025 (Gmt+09:00)
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Private equity
MBK Partners’ sale of Homeplus Express hits snag over valuation gap
MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...
Aug 30, 2024 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
Aug 28, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, US Senator discuss US Navy MRO
South Korea's Hanwha Ocean Co. said on Tuesday that it discussed various aspects of the US Navy ship projects with key figures from the US Senate Co...
Aug 27, 2024 (Gmt+09:00)
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Artificial intelligence
Naver’s HyperCLOVA X Vision proves a picture is worth a thousand words
A picture is worth a thousand words, as the adage goes, stressing the power of vision over text.People also say eyes are windows to the soul, emphas...
Aug 22, 2024 (Gmt+09:00)
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Robotics
Yogiyo to begin autonomous robot delivery tests in August
Yogiyo, South Korea’s second-largest food delivery app, announced on Friday that it will begin outdoor autonomous robot delivery tests in Song...
Jun 21, 2024 (Gmt+09:00)
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North Korea
North Korea Sent Excrement Balloons. South Korea’s Response: Blasting BTS Hits.
SEOUL—After enduring days of balloon bombardment from the Kim Jong Un regime, South Korea countered with an airwaves assault of it...
Jun 18, 2024 (Gmt+09:00)
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Business & Politics
Hyundai Rotem wins express train supply deal from Uzbekistan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, has secured a 270 billion won ($196 million) order from Uzbekistan to s...
Jun 14, 2024 (Gmt+09:00)
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Retail
MBK puts Homeplus’ supermarket chain unit up for sale
MBK Partners, the North Asia-focused private equity firm, has put the supermarket chain unit of South Korea’s hypermarket operator Homeplus up...
Jun 03, 2024 (Gmt+09:00)
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Bio & Pharma
Kobiolabs gets Chinese patent for obesity treatment strain
South Korean microbiome-based new drug development company Kobiolabs Co. announced on Wednesday that it has a patent for its obesity treatment strai...
Jan 17, 2024 (Gmt+09:00)
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Economy
Vietnamese lead record-high foreign job growth in S.Korea
The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...
Dec 18, 2023 (Gmt+09:00)
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Banking & Finance
Samsung Galaxy to help locate lost credit cards
Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...
Sep 19, 2023 (Gmt+09:00)
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Retail
Alibaba launches express ships to S.Korea as orders surge
Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...
Jul 20, 2023 (Gmt+09:00)
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Leadership & Management
CEOs of Samsung, LG group companies buying back their stocks
Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...
Mar 31, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean startup DeepBrain AI unveils 3D virtual human B2B technology
South Korean AI startup DeepBrain AI has unveiled a 3D virtual human B2B technology that can engage in real-time conversations, display emotional ex...
Mar 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils new Creta at Indonesia motor show
Hyundai Motor Co., South Korea’s largest automaker, introduced a new version of its Creta compact SUV at the Indonesia International Motor Sho...
Feb 17, 2023 (Gmt+09:00)
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Economy
S.Korea's GNI per capita falls in 2022 on foreign exchange fluctuation
South Korea's gross national income (GNI) per capita last year likely fell under $35,000, a figure first reached in 2021, due to sluggish economic g...
Jan 18, 2023 (Gmt+09:00)
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Leadership & Management
Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs
Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...
Jan 16, 2023 (Gmt+09:00)
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Markets
Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax
South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...
Dec 12, 2022 (Gmt+09:00)
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Food & Beverage
Domino’s Korea to use third party delivery agents, the franchise's first case
It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...
Oct 31, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops highest density DRAM-based memory system
South Korea’s SK Hynix Inc. said on Monday that it has developed its first double data rate 5 (DDR5) DRAM-based compute express link (CXL) mem...
Aug 01, 2022 (Gmt+09:00)
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Alternative investments
ABL Life co-invests in Everbright’s infra fund with 13% return
Korea’s ABL Life Insurance Co. has participated in Everbright Overseas Infrastructure Investment Fund LP, a $460 million fund managed by Hon...
Feb 03, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis opens firm in Chengdu for logistics to Europe
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has founded an affiliate in Chengdu, the largest trade city in western China, for rai...
Dec 29, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero sells Yogiyo to GS Retail, Affinity-led group
Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...
Aug 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero gets 5 more months to sell Yogiyo until January
South Korea’s antitrust regulator said on Thursday it is extending the deadline for Germany’s Delivery Hero SE to sell food delivery pla...
Jul 22, 2021 (Gmt+09:00)
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M&As
Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo
A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food ...
Jul 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero seeks more time to sell Korea's Yogiyo
Delivery Hero SE has requested up to another six months to sell South Korea's No. 2 food delivery platform Yogiyo, the estimated value of which was ...
Jul 13, 2021 (Gmt+09:00)
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Korean startups
Neosapience develops AI voice actors that sound like humans, not robots
In February 2020, a South Korean broadcasting network aired a virtual reality (VR) reunion between a grieving mother and her late daughter. The docu...
Jul 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero's Korean unit sale hits dead end
Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...
Jun 24, 2021 (Gmt+09:00)
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