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[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...
[THE INVESTOR] LOTTE Members, operator of membership reward service L.POINT, on Nov. 8 announced that it has signed a memorandum of understanding with Sahid Hotel in Indonesia. The Indonesian firm ...
[THE INVESTOR] CJ CGV Vietnam Holdings on Nov. 7 announced that it has dropped its plans to go public. “We conducted a demand forecast for listing but found that it would be difficult for our compa...
[THE INVESTOR] Blue Bottle Coffee, an upscale US coffee chain operator, said on Nov. 7 that it will open its first Korean shop in Seoul in the second quarter of next year. It said the new cafe w...
[THE INVESTOR] Hotel Lotte on Nov. 5 announced that it has started operating a new five-star hotel in Samara, Russia. Lotte Hotel Samara has 193 rooms and its suite room spans 145 square meters, th...
[THE INVESTOR] Kurly, a grocery delivery platform operator, on Nov. 5 denied rumors that Korea’s largest mobile messenger operator Kakao is considering acquiring its shares. According to a local ne...
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
