money services business

CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...

South Korea's biotech company Macrogen, Inc. signed a supply agreement to integrate its genome analysis platform, GenTok, into the Samsung Health ap...

Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service,  the artificial intelligence (AI) platform tha...

Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...

AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...

South Korea’s home appliances giant LG Electronics Inc. and Toronto-based fabless AI chip designer Tenstorrent Inc. have agreed to expand thei...

Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, said on Monday that it partnered with logistics firm Samyang Logis...

South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant no...

South Korea's security service provider S-1 Corp. said on Monday it launched CCTV Monitoring Service, a system designed to notify customers of any r...

LG Electronics Inc.'s push to expand its presence in the burgeoning private 5G network market is poised to gain traction. The South Korean electroni...

South Korea's SK Ecoplant Co. said on Friday it held the "2024 ConTech Meet-Up Day" award ceremony at the Grand Walkerhill Hotel in Seoul. ConTech M...

South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched a B2B solutions bran...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to...

HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creativ...

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

South Korea's KakaoBank Corp. said on Sunday it partnered with Thailand’s financial giant SCBX to establish a local virtual bank.   ...

Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...

RideFlux Inc., a South Korean autonomous driving technology startup, raised 26 billion won ($1.9 million) in a Series B funding round about four mon...

Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, said on Monday that it signed a business agreement with Robotis, a comp...

LG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business portfolio, which fo...