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[THE INVESTOR] Korean home appliance maker Daewoo said on April 6 that sales of its “localized” products for the Southeast Asian market have reached 100,000 units since their release some two years ...
[THE INVESTOR] Korea Yakult, a household name in the yogurt and fermented dairy product market in Korea, said it achieved sales of 1 trillion won (US$940 million) in 2017, five years after it spun o...
[THE INVESTOR] Two years after it first set out to seek a local strategic partner in Korea, McDonald’s is still looking for one. “We are seeking a partner who understands our brand value,” a McDona...
[THE INVESTOR] Air purifiers are the most wanted home appliance electronics this year amid escalating concerns over bad levels of fine dust and indoor air pollution, industry watchers said, forecast...
[THE INVESTOR] Since 2016 when Shinsegae Vice Chairman Chung Yong-jin separated and began to run the management of E-Mart, a retail unit of Shinsegae group, E-Mart and its private brand products hav...
[THE INVESTOR] South Korean food and beverage company Nongshim ’s best-selling Shin Ramyun is now available at the top of the Matterhorn in Switzerland. Sources said that a kiosk in Matterhorn’s ...
[THE INVESTOR] Amorepacific said on April 3 that it has started the recall of six cosmetics sold under Etude House and Aritaum brands for containing toxic ingredients. “We commenced the recall in ...
[THE INVESTOR] Korean retail giant Lotte said on April 4 it will unify the management of its scattered fashion businesses under the group’s apparel affiliate to improve its competitiveness in the lo...
[THE INVESTOR] Annual sales of South Korean e-commerce company WeMakePrice jumped 28 percent last year to 473 billion won (US$445 million), well exceeding its competitors’ sales growth average of 19...
[THE INVESTOR] Discount chain E-mart’s Electro Mart said on April 3 that it would open 10 more outlets and achieve 500 billion won (US$470 million) in sales by the end of this year. Electro Mart, w...
[THE INVESTOR] Toys R Us, which is in process of liquidating its business in the US, will sell 85 percent stake of its unit in Asia, according to news reports on April 3. Toys R Us has reportedly h...
[THE INVESTOR] A local unit of a US fast food chain McDonald’s donated 300 million won to build a temporary residence for families with children in hospital in the nation’s southeastern region. The...
[THE INVESTOR] Starbucks Korea announced on April 3 that it has introduced voice-enabled ordering and paying by adopting Samsung’s AI-based Bixby voice assistant. “We are glad to provide a more con...
[THE INVESTOR] South Korean confectionery company Orion said on April 2 that it has recently won a trademark suit against a Vietnamese company for its signature product Choco Pie. According to Orio...
[THE INVESTOR] Profitability is undeniably the key prerequisite for a firm seeking an initial public offering on the second-tier Kosdaq market. Showing a stable income has long been the clearest sig...
EosBLACK platform offers ICO alternative
Contract dispute between Reyon and ViroMed deepens
Schindler claims W300b from Korean government over Hyundai Elevator
Woori Bank’s net profit jumps 19 percent to 11-year high in H1
Uniqlo’s sister brand GU to enter Korea in September
Neptune, Dunamu & Partners invest in blockchain gamemaker Memory
Korea’s top institutional investor eyes realty in major US cities
Woori Card to boost capital in microfinance subsidiary in Myanmar
July 21, 2018
