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[THE INVESTOR] Haimarrow Food Service, a local hamburger franchise operator, announced on Oct. 25 that it has decided to officially enter the US before the year-end. Established in 2004, it is know...
[THE INVESTOR] Korea’s leading snack maker LOTTE Confectionery announced on Oct. 24 that it has decided to acquire L&M Mayson, a top bakery firm in Myanmar. The Korean company will buy 80 percent s...
[THE INVESTOR] Lotte Group on Oct. 23 announced that it will inject around 50 trillion won (US$44 billion) in all of its foreign and domestic business units over the next five years. “Our funding p...
[THE INVESTOR] Police said on Oct. 24 they have referred the vice chairwoman of Korean confectionery maker Orion Group to the prosecution recommending she be charged for embezzlement. Lee Hwa-ky...
[THE INVESTOR] Philip Morris Korea on Oct. 23 unveiled two new versions of its heat-not-burn smoking devices -- IQOS 3 and IQOS 3 Multi. “Based on customer feedback, we improved features like perfo...
[THE INVESTOR] The investment arm of Korea’s leading entertainment powerhouses YG Entertainment has invested 4 billion won (US$3.52 million) in apparel firm M Corset, according to sources on Oct. 23...
[THE INVESTOR] Korean duty free shops saw their sales reach an all-time high in the January-September period of this year despite a drop in the number of Chinese tourists, data showed on Oct. 22. ...
[THE INVESTOR] Starbucks Korea announced on Oct. 22 that it will start cashless operations at 403 outlets here, adding 300 more to the current 103 such stores. In April, the company started test ru...
[THE INVESTOR] A consortium led by Mirae Asset Global Investments, Korea’s largest asset management firm, has failed to sell a majority stake in Coffee Bean & Tea Leaf, according to industry sources...
[THE INVESTOR] A local court on Oct. 19 decided to place Korean cosmetics maker SKINFOOD under court receivership. The ruling came after SKINFOOD filed for court receivership on Oct. 8 due to huge ...
[THE INVESTOR] SK Networks, the nation’s second largest car rental provider, on Oct. 19 denied news reports that it plans to acquire water purifier company Coway. “We have never considered acquirin...
[THE INVESTOR] Korea’s cosmetics giant Amorepacific Group said on Oct. 19 it has launched one of its brands in Australia and New Zealand as the company moves to expand its presence in the overseas m...
[THE INVESTOR] Big Hit Entertainment said on Oct. 18 that seven-member K-pop boy band BTS that is making waves globally has renewed its contract. “We signed a seven-year contract with BTS based on ...
[THE INVESTOR] Korean cosmetics maker SKINFOOD said on Oct. 18 that four of its franchisees have filed a lawsuit against it for seeking court receivership. “We are currently having talks with our f...
[THE INVESTOR] Ediya Coffee announced on Oct. 17 that it aims to open a premium store in Beijing, China, next year, a decade after it shut operations there. The Korean coffee franchise entered 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
