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CJ is shutting down its loss-making Korean restaurant chain Bibigo in China, with a plan to dissolve the unit by August this year, according to an industry source. The move is part of restructuring ...
With growing consumer interest in healthy super food and enhancing immunity levels, South Korean red ginseng product maker CheongKwanJang has launched a special edition of Korean Red Ginseng Extract ...
More than 13 foreign and domestic investors have handed in letters of intent to acquire South Korean cosmetics firm Skinfood, which is under court receivership, according to sources on April 19. Alt...
LG Electronics said on April 18 it has partnered with CJ Foodville to deploy robots at selected restaurants. The robots will be deployed at few CJ Foodville’s restaurants later this year to serve...
Trend specialist Charlie Clark from global trend forecasting agency World’s Global Style Network gave a speech about “The Future of Beauty 2020” on April 15 during an event titled “Make Up in Seoul...
Sales at South Korean duty-free stores hit a new monthly high in March to breach the 2 trillion-won ($1.76 billion) mark for the first time, industry data showed on April 15. The combined sales o...
Cash-strapped E-Land Group announced April 11 that it would spin off its food and dining unit from its subsidiary E-Land Park. E-Land Park has two different business units — hotels and dining. The S...
Amorepacific Group said on April 10 that its leading brand Laneige has entered the European market as South Korea’s leading cosmetics maker accelerates its overseas push. Products of Amorepacific...
Kurly, a grocery delivery platform operator, on April 4 announced that it had closed its series D round having raised 100 billion won ($88.01 million). According to Kurly, existing investors includi...
Retail giant Lotte’s startup accelerator arm Lotte Accelerator announced on March 29 that it has invested 1.5 billion won ($ 1.31 milliom) in shared kitchen service startup Simple Project. “We see t...
Global trend forecasting agency World’s Global Style Network announced plans to launch its new beauty forecasting platform on April 10. The company decided to launch a separate platform, instead o...
Global trend forecasting agency World’s Global Style Network on March 26 held the “2019 Rising Consumer Trend” seminar in Samseong, an affluent neighborhood in Gangnam, Seoul. During the seminar, ...
Lotte Duty Free said on March 25 that it has opened stores in Australia and New Zealand, making it the first South Korean duty-free operator to make inroads into the Oceanian region. A ceremony t...
South Korean cosmetic giant Amorepacific hosted its yearly marathon in Busan on March 24, seeking to raise public awareness on breast cancer. With some 5,000 participants, the event consisted of a t...
E-Land Retail, subsidiary of South Korean retail conglomerate E-Land Group, said on March 21 it has decided to delay its plan to go public this year and repurchased its own shares to return investmen...
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
![[EXCLUSIVE] CJ to shut down Bibigo in China by August](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2019/04/23/20190423000840_p.jpg)
