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[THE INVESTOR] Lotte Group, Korea’s fifth-largest conglomerate, said on Nov. 27 that it has decided to sell two financial units in a bid to spur the completion of a holding company structure. The g...
[THE INVESTOR] Korea’s top tobacco company KT&G on Nov. 26 unveiled a new heat-not-burn cigarette named lil HYBRID to boost its market share here. “We received customer feedback on our previous HNB...
[THE INVESTOR] CJ Group’s coffee franchise A Twosome Place is seeking to expand its presence in China, having established a local unit five months ago, according to industry sources on Nov. 22. It ...
[THE INVESTOR] Korean e-commerce giant Coupang said on Nov. 21 it has secured additional funds of US$2 billion from SoftBank Group. It had earlier received funding of US$1 billion from the Japanese...
[THE INVESTOR] LG Household & Health Care has injected 30 billion won (US$26.58 million) in its subsidiary Ginza Stefany to expand its presence in Japan, according to industry sources on Nov. 20. T...
[THE INVESTOR] Hotels.com, a subsidiary of US online travel company Expedia Group, is looking to step into a leadership position in Korea by investing more in technology innovation, a top executive ...
[THE INVESTOR] Sales at Korean duty-free stores rose 28.6 percent on-year last month, industry data showed on Nov. 20. Sales of local duty-free operators came to US$1.44 billion in October, acco...
[THE INVESTOR] E-mart, Korea’s leading discount chain operator, said on Nov. 19 its stores dedicated to selling the company’s private-label products will open in the Philippines as it moves to expan...
[THE INVESTOR] Local private equity fund KGCI has become the second-largest shareholder of Hanjin KAL, operator of the country’s largest airline Korean Air, seen as a challenge to the management of ...
[THE INVESTOR] Korean food giant CJ CheilJedang on Nov. 15 announced that it is set to acquire US food processor Schwan’s after board approval. The company will acquire 80 percent stake for around ...
[THE INVESTOR] Global PR Summit, an event on public relations and corporate communications, will take place on Nov. 23 at the Grand Hyatt in Seoul, marking the first ever Asian edition. The interac...
[THE INVESTOR] Korean cosmetics firm Able C&C announced on Nov. 13 that it will acquire its smaller crosstown rival Mefactory for 32.4 billion won (US$286.14 million). Mefactory, established in 201...
[THE INVESTOR] K-pop powerhouse JYP Entertainment founder and Chief Communications Officer Park Jin-young is expected to gain more than 18 billion won (US$15.88 million) by exercising his preemptive...
[THE INVESTOR] Seoul-based Mirae Financial Group and Naver have acquired two logistics centers in Vietnam for 53 billion won (US$47.01 million), according to industry sources on Nov. 9. The two com...
[THE INVESTOR] Samsung Medical Foundation has acquired a building owned by Hyundai Green Food in Jongno, Seoul, for 30.5 billion won (US$27.28 million), according to industry sources on Nov. 8. The...
Tinder, not just a dating app in Korea
Sandbox Network aims to go public by 2021
Activist fund to be more involved in Hanjin’s management
Unison Capital inches closer to selling Gong Cha Korea
Money20/20 Asia to include Token Day
Hana Financial kicks off in-house venture projects
Kakao Pay, KT to take part in govt’s Zero Pay
Yanolja hires former Tesla Motors Korea chief
January 23, 2019
