retailers
Scope
Date
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Mergers & Acquisitions
Sale of Citibank Korea gains traction; preferred buyer may emerge in July
The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...
Jun 29, 2021 (Gmt+09:00)
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Korean stock market
Once resistant, Korean retail investors lend more stocks for short selling
South Korean retail investors, who had largely opposed the regulator’s lifting of the short-selling ban on large-cap stocks from May, are now ...
Jun 21, 2021 (Gmt+09:00)
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E-commerce
Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...
Jun 07, 2021 (Gmt+09:00)
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Business & Politics
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Jun 04, 2021 (Gmt+09:00)
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The Deep Dive
Misandry controversy rattles Korean retailers; CEO of No.1 fashion app steps down
Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...
Jun 04, 2021 (Gmt+09:00)
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Asset management
Woori Financial takes over Franklin Templeton’s retail fund business
Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...
May 14, 2021 (Gmt+09:00)
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ASK 2021
GoldenTree sees distressed opportunities in media, telecom, retail
Media, telecom, retail and energy industries offer attractive distressed investment opportunities because they are undergoing structural changes cau...
May 10, 2021 (Gmt+09:00)
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E-commerce
Delivery app Yogiyo draws bids from retailers, PEFs
South Korea’s second-largest food delivery app Yogiyo has drawn about 10 preliminary bidders, including retailer Shinsegae and private equity ...
May 05, 2021 (Gmt+09:00)
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Asset management
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Apr 27, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Citibank Korea's retail arm sale may fuel M&A market
Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...
Apr 16, 2021 (Gmt+09:00)
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Retail
SK Group acquires 16.3% of Vietnam’s top retailer for $410 million
South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...
Apr 06, 2021 (Gmt+09:00)
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Asset management
BlackRock sheds $620 mn Korean retail fund business
BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...
Mar 31, 2021 (Gmt+09:00)
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Korean stock market
Retail trading surge continues in S.Korea with 40 mn active accounts
The daily schedule of this 26-year-old South Korean university student, identified by his surname Ahn, is not too different from that of a typical...
Mar 11, 2021 (Gmt+09:00)
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IPOs
SK Bioscience IPO draws record-high demand from retail investors
South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...
Mar 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
eBay Korea set to fuel rivalry between retail, online giants
The planned sale of eBay Inc.’s South Korean operations is gathering steam ahead of Coupang Corp.'s US stock market listing this week, with th...
Mar 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Shinsegae buys baseball club in quest for retail-sports synergy
The vice-chairman of South Korea’s retail giant Shinsegae Group, Chung Yong-jin, has a reputation of being an early adopter. He's known to be ...
Feb 24, 2021 (Gmt+09:00)
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Short selling
Korea to lift short-selling ban on large stocks; retail investors resist
South Korea’s financial regulator has decided to allow the short selling of large-cap stocks from May 3 despite opposition from retail investo...
Feb 04, 2021 (Gmt+09:00)
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Short selling
Retail investors test Celltrion, HLB shares as Korea’s GameStop
Celltrion Inc. and HLB Inc., two leading South Korean biopharmaceutical shares, shot up on Monday as the main bourse’s key index climbed back ...
Feb 01, 2021 (Gmt+09:00)
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Private equity
CEO of MBK Partners-owned Korean retailer to resign
Lim Il-soon, chief executive of South Korean retailer HomePlus, is stepping down after leading the MBK Partners-owned discount store chain for about...
Jan 07, 2021 (Gmt+09:00)
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Year-end review
Korea’s retail investors go West, eye golden ticket for big money
For South Korean stock investors, 2020 may go down in history as the year of The Great Quest for big money, and at the end of their journey they fou...
Dec 31, 2020 (Gmt+09:00)
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Korean stock market
Korea’s retail investors shed loser image, turn pandemic into bonanza
In South Korea, as the saying goes, the stock market is at its peak if a swarm of individual investors go on a buying spree, often leading to heavy ...
Dec 21, 2020 (Gmt+09:00)
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Korean stock market
Retail investor buying, foreign selling hit fresh highs on Kospi
Foreign investors sold a record volume of shares on South Korea’s main bourse on Nov. 30, triggering a sharp fall in the main stock index, whi...
Nov 30, 2020 (Gmt+09:00)
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Mergers & Acquisitions
GS Retail, Home Shopping merge to become retail giant
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 ...
Nov 11, 2020 (Gmt+09:00)
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Alternative investment
Hana to launch $38 mn retail fund for US property deal
Hana Alternative Asset Management Co. plans to raise 43 billion won ($38 million) from a retail fund for its investment in an office building in north...
Oct 13, 2020 (Gmt+09:00)
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Markets
S. Korea’s big companies rattled by retail investors’ growing influence
South Korea’s big companies such as Samsung, LG and Hyundai often make shareholder-friendly moves to accommodate institutional investors, who fl...
Sep 18, 2020 (Gmt+09:00)
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Private equity
Online retailer TMON eyes $337 mn from Korean PEF ahead of 2021 IPO
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will likely receive 400 billion won ($3...
Sep 02, 2020 (Gmt+09:00)
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Markets
Korean retail investors attracted to US growth stocks, now 10th Tesla owners
South Korean retail investors, who turn their eyes overseas for higher returns, are heavily buying into US growth stocks amid growing fears of tech st...
Aug 31, 2020 (Gmt+09:00)
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Short selling ban
Korean govt extends ban on short selling to appease retail investors
The South Korean government has decided to extend the ban on short selling for another six months -- from September 16 to March 15, 2021 -- promp...
Aug 27, 2020 (Gmt+09:00)
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Markets
Korean retail investors' offshore stock purchases hit record high in July
South Korean individuals purchased a record amount of shares in overseas markets last month as they looked beyond the local bourse for bigger returns....
Aug 20, 2020 (Gmt+09:00)
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Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office
Kiwoom Asset Management Co. Ltd. plans to raise 50.7 million euros ($56.2 million) from individual investors in South Korea in August to buy an of...
Aug 20, 2019 (Gmt+09:00)
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