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[THE INVESTOR] In an Uber Eats-like approach, Coupang has launched a new service called “Coupang Flex” to allow anyone over 18 years old to choose the date they want to work for Coupang delivery. T...
[THE INVESTOR] Hotel Lotte has resumed its long-delayed Chinese project in Yantai, Shandong province, which was suspended for four years. In 2014, Hotel Lotte first signed a hotel management agreem...
[THE INVESTOR] Korean duty-free store operator Lotte Duty Free announced on Aug. 21 that it has signed an agreement to acquire five outlets of Australia-based JR Duty Free. “This agreement will hel...
[THE INVESTOR] Korea’s beauty startup Memebox announced on Aug. 20 that it has signed a partnership deal with US-based multi-brand cosmetics store operator Sephora. LVMH-owned Sephora currently has...
[THE INVESTOR] Hyundai Department Store Group said on Aug. 20 it has joined hands with Amazon Web Service to develop the “next-generation” retail model amid local retailers’ push to adopt the latest...
[THE INVESTOR] Korean dessert cafe franchise Sulbing has some ambitious plans for this year. “We’re aiming to open 40 stores by the year-end,” the firm said in a statement on Aug. 8 as it announced...
[THE INVESTOR] Ourhome, one of the top food catering firms in Korea, has acquired in-flight meal provider Hanil America Construction Reality by buying the entire stake for 98 billion won (US$86.70) ...
[THE INVESTOR] CJ Logistics is seeking a financial investor to form a consortium for acquiring German-based logistics firm Schnellecke, according to industry sources on Aug. 13. CJ Logistics is rep...
[THE INVESTOR] CJ Group is considering starting a meal kit business early next year after it finishes developing a mobile app for the service, according to a local news report on Aug. 10. Meal kit ...
[THE INVESTOR] Shinsegae DF, the duty-free arm of Korean retail giant Shinsegae, said on Aug. 10 it is ramping up marketing efforts to lure more Chinese tourists as the company moves to expand. ...
[THE INVESTOR] Korea’s leading convenience store operators delivered decent earnings in the second quarter of this year on the back of new products, including in-house items, their filings showed on...
[THE INVESTOR] Lotte Group Founder Shin Kyuk-ho has sold off his entire 3.44 percent stake in Daelim Industrial worth 91.3 billion won (US$101.94 million), according to industry sources on Aug. 9. ...
[THE INVESTOR] Korean food company Dongwon F&B on Aug. 9 announced that it will cooperate with Thailand-based Charoen Pokphand Foods to expand its presence in the Southeast Asian market. According ...
[THE INVESTOR] Korean entertainment giant CJ ENM is considering selling its stake in Studio Dragon, according to industry sources on Aug. 8. “We are considering how we can utilize our stake in Stud...
[THE INVESTOR] SPC Group announced on Aug. 7 that it is sacking Vice President Hur Hee-soo, who is also Chairman Hur Young-in’s son, after he was arrested for allegedly smuggling and smoking liquid ...
Market Kurly operator secures W67b investment
Samsung's cooktops get high scores from U.S. Consumer Report
Two Samsung Group affiliates sell stake in Samsung C&T
KT ties up with firm behind Apple’s Siri for car infotainment systems
Samsung unveils triple-lens smartphone Galaxy A7
Parliament passes bill easing regulations on internet-only banks
Hanon Systems to acquire Magna’s fluid pressure and controls biz
SKINFOOD CEO to sell stake amid suffering biz
September 25, 2018
