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E-Land Group on Oct. 16 announced that it has decided to join hands with South Korean unicorn startup Viva Republica, the creator of mobile financial service platform Toss. E-Land World, the de fact...
The loss-making Korean unit of China-based household goods chain brand Miniso announced Oct. 14 that it plans to aggressively expand the number of its outlets to 300 by 2023 under its new owner, Busi...
Samsung C&T said Oct. 15 that it aims to accelerate the global expansion of its fashion brand Beanpole. Celebrating its 30th anniversary, Beanpole announced its renewal move to rebrand as a “heri...
Starbucks Korea is mulling a move of its headquarters, leaving the current offices at a Shinsegae Group building, industry sources said on Oct. 14. Starbucks Korea, which has more than 1,260 outlets...
SK Networks has dropped its plan to acquire a majority stake in South Korea’s top water purifier rental company Coway, according to industry sources Oct. 8. The company has canceled its board meetin...
E-Land Park, the E-Land Group affiliate that runs hotels and resorts, announced Oct. 2 that it had appointed Yoon Sung-dae as CEO in a move to improve its financial stability. According to the compa...
Shinsegae International announced on Sept. 30 that it will start selling its cosmetics brand Vidi Vici at Singapore’s Changi Airport from Oct. 1. According to airline reviewing and rating website Sk...
South Korea’s top convenience store operator BGF Retail on Sept. 25 announced that it will open its first CU outlet in Vietnam next year. “We will actively enter emerging markets with high-growth po...
Phillip Morris on Sept. 24 announced that its heat-not-burn product IQOS is not related to an ongoing investigation on diseases reportedly caused by e-cigarettes in the US. “The recent e-cigarette i...
South Korea’s trading company SK Networks said Sept. 24 its board has agreed to hand over the car rental operation to its affiliate AJ Rent a Car in exchange for 21.99 percent shares worth 162.5 ...
Philip Morris Korea announced on Sept. 19 that it has launched a new website for users of its heat-not-burn device IQOS. “We launched the website for customers who need quick service anytime, anywhe...
Cash-strapped Woongjin, which recently decided to resell its stake in water purifier rental firm Woongjin Coway, has once again delayed its schedule for the final bid, according to sources on Sept. 1...
South Korea’s tax agency has decided to levy tax penalties of 6 billion won ($5.04 million) on troubled YG Entertainment, according to industry sources on Sept. 17. The decision by the National Tax ...
South Korean shared kitchen startup Ghost Kitchen announced on Sept. 16 that it has secured additional funds worth 9.2 billion won. Its existing investors including startup accelerator Schmidt and s...
KT&G, South Korea’s dominant tobacco company, on Sept. 16 announced that it has launched new tobacco sticks MIIX Classy for its heat-not-burn device lil Hybrid. The tobacco maker emphasized that cus...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
