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MBK Partners, one of Asia's largest private equity firms, is in exclusive talks to acquire Korea’s top online education company MegastudyEdu C...

Starbucks Korea, the undisputed leader in South Korea’s coffee franchise landscape, is facing the biggest challenge of its 23-year history.&nb...

South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...

LS Cable & System Ltd. is slated to begin recycling wooden cable drums as part of its environmental, social and governance (ESG) management effo...

SSG.COM, the e-commerce brand of South Korean retail giant Shinsegae Inc., launched its online luxury goods marketplace SSG Luxury on July 3. Focusi...

K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...

The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract some 158 million cro...

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

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...

South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...

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...

South Korea's Hana Financial Investment Co. has become the second-largest shareholder in Vietnam's BIDV Securities after buying a 35% stake in the V...

Education content provider Day 1 Company announced Thursday it has completed a Series D funding worth 35 billion won ($28 million.)A number of ventu...

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...

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...

South Korea’s Samsung Asset Management Co. invested in a US exchange-traded fund sponsor to expand its global presence in the market.Samsung s...

SK Square Co., the investment arm of SK Group, is working on issuing its own digital currency within the year, according to people with knowledge of...

South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...

South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...

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

When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...

The new Samsung Smart Monitor M8 is now available for sale in South Korea, Samsung Electronics Co. announced on Sunday.The product can stream serv...

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...

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

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