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[THE INVESTOR] Lotte Group has ended talks to acquire SK Planet’s online shopping site 11st, Lim Byeong-yeon, vice president of Lotte Corp., the newly established holding unit, said on Oct. 12. “It...
[THE INVESTOR] Retail giant Lotte Group officially established its holding company Lotte Corp. on Oct. 12, marking the first step toward streamlining its governing structure to increase transparency...
[ THE INVESTOR ] The white suit brand that First Lady Kim Jung-sook often wears at public events sold out online on Oct. 12, after a social media post by the presidential office. In response to cr...
[THE INVESTOR] Despite the raise in conventional tobacco taxes in 2015 and a consequent drop in sales, profits reaped by the manufacturers have soared in the past two years, government data showed. ...
[THE INVESTOR] E-mart24 has eliminated cashiers at four of its convenience stores directly managed by the headquarters. Three of these stores are located in Seoul, while the remaining is in Jeonju,...
[THE INVESTOR] Korean livestock and animal feed maker Harim Group, announced on Oct. 11 that its affiliate Farmsco has acquired key units in Indonesian stockbreeding firm Sujaya Group as a part of i...
[THE INVESTOR] Cosmax, Korea’s leading cosmetics original development manufacturer, will acquire its US rival NuWorld Beauty for 120 billion won (US$100 million), according to news reports on Oct. 1...
[THE INVESTOR] CJ Logistics has acquired a major stake in two shipping and logistics subsidiaries under Gemadept Corp., Vietnamese biggest logistics company, the company announced on Oct. 10. The l...
[THE INVESTOR] Sales at South Korean duty-free stores fell during the extended holiday season compared to a year ago mainly due to a sharp drop in incoming Chinese travelers, industry officials said...
[THE INVESTOR] Bodyfriend’s Lamborghini-themed massage chair is expected to see light in the US during the first half of 2018, according to company officials. “We expect the chair to be introduced...
[THE INVESTOR] The US International Trade Commission’s latest ruling in favor of Whirlpool to impose safeguard restrictions on Samsung Electronics and LG Electronics will deal a blow to the Korean t...
[THE INVESTOR] South Korea‘s large retailers posted solid sales ahead and during this year’s Chuseok holiday helped by all out marketing efforts to attract customers, industry sources said on Oct. 4...
[THE INVESTOR] South Korea‘s top tech giants Samsung Electronics and LG Electronics on Oct. 6 expressed disappointment in the United States International Trade Commission’s (ITC) announcement that t...
[ THE INVESTOR ] The Fair Trade Commission said on Sept. 28 that it had decided to charge the Irish office of global lodging giant Airbnb for ignoring corrective orders on the contractual terms of ...
[ THE INVESTOR ] Sanitary pads pose no health risks to women, health authorities said on Sept. 28, disclosing the results of their inspection of all products. The Ministry of Food and Drug Safety ...
[INTERVIEW] Startup billing tells it all: SparkLabs CEO
Gov’t committee to take call on LG Display’s OLED plant in China
Bodyfriend to go public in 2018
[EXCLUSIVE] Samsung invests in Chinese AI chipset startup DeePhi Tech
[INTERVIEW] Skelter Labs seeks to be AI game-changer
LG, Qualcomm join hands for autonomous car push
Samsung likely to stop producing small LCD TVs
[EXCLUSIVE] Apple mulls stylus for iPhone
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