cross border shopping

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

Shares in E-Mart Inc., South Korea’s largest supermarket chain, have been hovering near their lowest level in almost two years, on the back of...

For middle-class families in South Korea, it has become a morning ritual to bring the boxes of fresh produce and daily necessities delivered overnig...

South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...

A liquefied natural gas (LNG) carrier with autonomous sailing systems will embark on an ocean voyage next month to become the world's first large au...

LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...

Seoul Philharmonic Orchestra and SM Entertainment Co. signed a memorandum of understanding last week to collaborate across different musical genres....

Online shopping platform Queenit recently received 36 billion won ($30 million) from Kakao Ventures Corp., SoftBank Ventures Korea Corp. and more,...

There appear to be two diverging roads for South Korea's top duty free operators Lotte and Shilla: expanding outside China, or going deeper inside t...

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

Sera Global is a pure-play real assets advisory firm that provides innovative solutions to meet the evolving needs of clients, with a focus on l...

Lotte Shopping Co., South Korea’s top department store operator, is set to acquire Hanssem Co. with IMM Private Equity.IMM PE selected Lotte S...

London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...

LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korean home appliance mak...

South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...

South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...

South Korea's pharmaceutical group Green Cross Corp., or GC Pharma, will combine its two cell therapy developers listed on the junior Kosdaq market ...

Korea’s leading cosmetics manufacturer Cosmax Inc.’s share price is skyrocketing this year, thanks to the company's strong performance i...

South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...

South Korea-based Ably Co., operator of the fashion app Ably, announced on Jun. 2 that it has raised 62 billion won ($55.7 million) in a Series B ex...

South Korea's fashion industry is all shook up following the No. 1 online fashion platform Musinsa's decision to acquire 29CM, the country’s s...

There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via livest...

South Korea’s pharmaceutical company Green Cross Corporation (GC) is holding a series of close meetings on contract manufacturing of Russia&rs...

South Korean conglomerate GS Holdings has decided to merge two of its retail units — the country's No. 1 convenience store chain operator and a ...