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[THE INVESTOR] Lotte Cultureworks, the retail giant Lotte Group’s cinema affiliate, said on Dec. 4 that it has made inroads into Indonesia, with a goal to open 20 movie theaters by 2020. As t...
[THE INVESTOR] Hyundai Department Store Group on Dec. 3 announced that it has acquired the entire stake in local construction material maker Hanhwa L&C for 336 billion won (US$302.23 million). The ...
[THE INVESTOR] The head of Korean retail giant Lotte Group left for Vietnam and Indonesia on Dec. 3 as the conglomerate moves to expand its presence in emerging Asian markets. The trip is Chairm...
[THE INVESTOR] Korean beauty startup B2LiNK announced on Dec. 3 that it has secured 17 billion won (US$15.27 million) from domestic and foreign investors. “We will use the money for establishing un...
[THE INVESTOR] Nature Republic, a Korean cosmetics firm, said on Dec. 3 it has opened four pop-up stores in Italy as it moves to its expand presence in overseas markets. It has signed an agreeme...
[THE INVESTOR] South Korean full-service carrier Asiana Airlines has completed the first phase of advancement for its system for Flight Operational Quality Assurance, the company said Dec. 2. FOQA ...
[THE INVESTOR] Akaria Hanmi, a joint venture between Korean construction management company HanmiGlobal and Saudi Arabian property developer Al Akaria, will continue to solidify its position as a le...
[THE INVESTOR] Japan-based convenience store operator Ministop is set to select a preferred bidder for its local unit here, according to industry sources on Nov. 30. Three companies -- Korean retai...
[THE INVESTOR] Korean beauty startup Memebox, which successfully secured funds from global accelerator Y Combinator in 2013, aims to reach break-even point next year. “We expect to break even in th...
[THE INVESTOR] Korea’s third-largest realty trust KORAMCO REITs & Trust has acquired a logistics center in Germany for 86 million euros (US$97.91 million) with French investor L’Etoile Properties, a...
[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...
Korean startup guru urges healthier VC-backed exit market
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Woori Financial to set up VC unit this year
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
June 21, 2019
