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South Korea’s leading e-commerce platform cafe24 announced on May 27 that it has signed a partnership deal with short video mobile app TikTok. TikTok is a popular video platform which allows users...
Kurly, operator of grocery delivery platform Market Kurly, on May 24 announced that it has secured an additional 35 billion won investment from China-based Hillhouse Capital in its series D round. I...
GS Home Shopping, a leading home shopping channel operator here, said May 26 that it has invested $1.2 million in Luxstay, a Vietnamese home-sharing platform that targets the Southeast Asian market. ...
The ubiquitous toys of domestic toy seller Sonokong range from the megahit transformation car-robots “Turning Mecard” to “Sofy Ruby” (also spelled Sophie Ruby), an ordinary girl on an adventure to sa...
CJ Cheiljedang said on May 23 that the US private equity fund Bain Capital has invested $320 million in its American unit. Bain Capital will acquire a 27 percent stake in CJ Cheiljedang’s wholly ...
Hot Toys, a maker of collectible figures from popular movies, has voluntarily revised its pricing policy on its figures after being probed by South Korea’s antitrust regulator, an official said on Ma...
The number of personal mugs and tumblers used at Starbucks stores nationwide has nearly tripled since the coffee franchise introduced a discount program for users of reusable cups a year ago in accor...
Shinsegae International on May 3 announced that it has launched new coworking space “Scale Up” for startups in the lifestyle-related industry in Cheongdam-dong, southern Seoul. In April, the compan...
Blue Bottle Coffee will officially debut in Seoul later this week, a South Korean affiliate of the upscale US coffee chain operator said on April 30. The new cafe will open in Seoul’s eastern Seo...
South Korean massage chair maker Bodyfriend announced on April 26 that it has decided to officially drop its recent plans to go public. The decision came after it failed to get preliminary screening...
South Korean cosmetics giant Amorepacific said on April 29 that its first-quarter net profit dipped 31 percent from a year earlier on increased costs. Net profit reached 122 billion won ($106 mil...
Hera, a luxury beauty brand under Korean cosmetics giant Amorepacific, has launched a limited-edition collection in collaboration with Italian fashion brand Au Jour Le Jour, the firm said on April 28...
Branded pop-up stores play an increasingly important role in South Korea’s retail scene as a source of creativity, innovation and brand new consumer experience. Many customers associate pop-ups wit...
The Ministry of Food and Drug Safety said Apirl 26 it will look into some 20 imported drinks for glyphosate residue. The US Public Interest Research Group Education Fund revealed in a report in ...
Hong Kong-based global private equity firm Anchor Equity Partners, which owns Burger King Korea, has acquired Burger King Japan from Lotte GRS, according to industry sources on April 24. Although th...
Kakao Games pushes for September IPO
TechStars Korea Accelerator to kick-off first program in August
K bank ups ante with online mortgage service after capital raise
Viva Republica launches credit card processing subsidiary
Line Man receives US$110M Investment, merges with Thai food app
NPS to raise overseas investment ratio to 50% by 2024
S. Korea to inject W40tr into ‘innovative’ champion firms
Naver posts all-time high sales in Q2
August 05, 2020
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