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US-based cosmetics giant Estee Lauder announced on Nov. 19 that it will acquire Korean cosmetics company Have&Be, which is the parent company of popular skin care brand Dr. Jart. Have&Be’s corporate...
An affiliate of South Korea’s leading furniture maker Hanssem Group opened a new flagship store in Seoul on Nov. 19. Spread across 3,300 square feet, Nexus Flagship Seoul is located in Nonhyun-do...
Hyundai Motor on Nov. 19 launched the face-lifted Grandeur sedan in the domestic market to strengthen its lineup with competitive models. The upgraded Grandeur comes in four versions with a 2.5-l...
Kia Motors said Nov. 19 its cumulative vehicle production in the United States has surpassed 3 million units since it entered the world‘s most important automobile market a decade ago. The carmak...
SK Biopharm announced on Nov. 18 that its narcolepsy drug Sunosi received a positive opinion from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP). Narcolepsy is...
MAN Truck & Bus Korea said Nov. 18 it expects sales to remain weak through next year in South Korea, one of the German carmaker’s strategically important markets. The company expects market deama...
Korean Air flight KE 905 collided with another plane on the taxiway in Frankfurt, Germany, on Saturday, delaying the subsequent flight bound for Incheon, the air carrier said Sunday. The incident i...
Doosan Bobcat Inc., a construction equipment unit of Doosan Group, said Sunday it has set up a global center in the US for business cooperation across the globe. The Global Cooperation Center built ...
Celltrion Pharm, the generic arm of Celltrion, announced Nov. 14 that its sales jumped 36.6 percent in the third quarter from a year earlier to 47.43 billion won ($40.7 million). The South Korean co...
South Korean battery developer Iljin Materials announced Nov. 13 that it has received 600 billion won ($512.47 million) in funding from local private equity firm STIC Investment through its unit in M...
Samsung Biologics announced Nov. 14 that it has received 27001 security certification from the Geneva-based International Organization for Standardization. The company emphasized that it is the firs...
The National Pension Service of Korea said on Nov. 14 it will vote in favor of Fila Korea ’s plan to turn into an intermediate holding company and split off its Korean operation under its umbrella....
Korean cosmetics giant and private equity firms are considering acquiring global cosmetics brand Physiogel, which is known for its moisturizers, according to industry sources Nov. 13. In June, globa...
Korean biotech firm Hugel announced Nov. 12 that its operating profit jumped 225 percent in the third quarter from a year earlier to 18.2 billion won ($15.57 million). Its sales increased by 46.4 pe...
China’s Singles’ Day, the country’s biggest shopping blitz created by e-commerce giant Alibaba, hit another record on Nov. 11, selling goods worth 84 billion yuan ($12 billion) in the first hour, jum...
Alien Robot shows glimpse of future with robotic arm
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
Lime Asset’s fund fiasco weighs on local banks
SuperBin aims to raise W20B in Series B
January 19, 2020
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