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[THE INVESTOR] K-pop boy band BTS is under fire by supporters of Korean President Moon Jae-in, claiming the group responded late to his congratulatory remarks for topping Billboard charts. The cont...
[THE INVESTOR] Cash-strapped E-Land Group’s retail subsidiary E-Land Retail has decided to delay its plans to go public this year. “During our pre-IPO process, we considered going public in 2018 at...
[THE INVESTOR] Korean entertainment giant CJ E&M plans to expand its overseas business by producing films in Hollywood with a local partner, the company confirmed on June 4. Its unit in the US is...
[THE INVESTOR] Korean retail giant Lotte on May 31 said it has unified the management of its scattered fashion businesses under the group’s apparel affiliate to secure competitiveness in the local f...
[THE INVESTOR] A local court on May 31 decided to place Caffe Bene, a Korean coffee franchise operator, under court receivership. The ruling came after Caffe Bene filed for court receivership in Ja...
[THE INVESTOR] Korea’s top home shopping channel operator CJ O Shopping has started its due diligence of Slovenia-based e-commerce firm Studio Moderna, according to industry sources on May 30. The ...
[THE INVESTOR] Retail sales in Korea jumped 6.3 percent in April compared with a year ago on the back of upbeat sales at online stores, government data showed on May 30. Sales of 13 major online...
[THE INVESTOR] YG Entertainment , one of Korea’s leading entertainment powerhouses, is facing one of its worst times. Market value is tumbling -- its stock price is at about a third of that in 20...
[THE INVESTOR] RGP Korea, the Korean arm of Berlin-based Delivery Hero that operates B2C food delivery app YoGiYo here, has acquired a 27.27 percent stake in B2B food delivery startup Barogo to beco...
[THE INVESTOR] Coupang’s short-term debt has topped 865 billion won (US$796.64 million), according to a recent audit report for the year 2017. The company’s dues to suppliers increased by 140 billi...
[THE INVESTOR] US brewing giant MillerCoors has accused Korean beer brand Hite of copying its light pale lager Lite, in an apparent move to deter Hite Jinro’s growing presence in the US market. Acc...
[THE INVESTOR] Samsung Electronics and LG Electronics are competing to supply air purifiers to Starbucks outlets here, according to the local unit of the coffee chain on May 17. The company will...
[THE INVESTOR] Korean cosmetics maker Dewytree has sold its 47 percent stake to local private equity firm EastBridge Partners in its latest push for global expansion, especially the crucial Chinese ...
[THE INVESTOR] The Korean government plans to enforce heat-not-burn cigarettes like Philip Morris’ popular IQOS sticks to carry a risk warning from December, reigniting disputes over the health haza...
[THE INVESTOR] Korea’s retail giant Lotte said on May 15 it will inject 3 trillion won (US$2.84 billion) into its e-commerce business in the next four years to cope with the rapid expansion of the o...
Samsung to miss 350 million smartphone shipment goal
Naver to invest in Sequoia’s new venture fund: report
FTC chief vows to cooperate with EU to handle issues in Korea
Samsung to sell set-top box unit
Samsung holds global strategy meetings
Korea to launch K-pop coins, blockchain platform for hallyu fans
Big Hit investor SV Investment to make KOSDAQ debut next month
CJ considers IPO of Schwan’s after acquisition: report
June 23, 2018
