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[THE INVESTOR] Local branch of the French luxury giant, Chanel Korea has come under fire for allegedly selling a used bag to a Korean customer, raising concerns over its inventory control and manage...
[THE INVESTOR] Korea’s top convenience store operator BGF Retail on Aug. 23 announced that it has opened six new CU outlets in Mangolia, including the first at Shangri-La Hotel in Ulaanbaatar. In...
[THE INVESTOR] In an Uber Eats-like approach, Coupang has launched a new service called “Coupang Flex” to allow anyone over 18 years old to choose the date they want to work for Coupang delivery. T...
[THE INVESTOR] Hotel Lotte has resumed its long-delayed Chinese project in Yantai, Shandong province, which was suspended for four years. In 2014, Hotel Lotte first signed a hotel management agreem...
[THE INVESTOR] Korean duty-free store operator Lotte Duty Free announced on Aug. 21 that it has signed an agreement to acquire five outlets of Australia-based JR Duty Free. “This agreement will hel...
[THE INVESTOR] Korea’s beauty startup Memebox announced on Aug. 20 that it has signed a partnership deal with US-based multi-brand cosmetics store operator Sephora. LVMH-owned Sephora currently has...
[THE INVESTOR] Hyundai Department Store Group said on Aug. 20 it has joined hands with Amazon Web Service to develop the “next-generation” retail model amid local retailers’ push to adopt the latest...
[THE INVESTOR] Korean dessert cafe franchise Sulbing has some ambitious plans for this year. “We’re aiming to open 40 stores by the year-end,” the firm said in a statement on Aug. 8 as it announced...
[THE INVESTOR] Ourhome, one of the top food catering firms in Korea, has acquired in-flight meal provider Hanil America Construction Reality by buying the entire stake for 98 billion won (US$86.70) ...
[THE INVESTOR] CJ Logistics is seeking a financial investor to form a consortium for acquiring German-based logistics firm Schnellecke, according to industry sources on Aug. 13. CJ Logistics is rep...
[THE INVESTOR] CJ Group is considering starting a meal kit business early next year after it finishes developing a mobile app for the service, according to a local news report on Aug. 10. Meal kit ...
[THE INVESTOR] Shinsegae DF, the duty-free arm of Korean retail giant Shinsegae, said on Aug. 10 it is ramping up marketing efforts to lure more Chinese tourists as the company moves to expand. ...
[THE INVESTOR] Korea’s leading convenience store operators delivered decent earnings in the second quarter of this year on the back of new products, including in-house items, their filings showed on...
[THE INVESTOR] Lotte Group Founder Shin Kyuk-ho has sold off his entire 3.44 percent stake in Daelim Industrial worth 91.3 billion won (US$101.94 million), according to industry sources on Aug. 9. ...
[THE INVESTOR] Korean food company Dongwon F&B on Aug. 9 announced that it will cooperate with Thailand-based Charoen Pokphand Foods to expand its presence in the Southeast Asian market. According ...
Tinder, not just a dating app in Korea
Sandbox Network aims to go public by 2021
Activist fund to be more involved in Hanjin’s management
Unison Capital inches closer to selling Gong Cha Korea
Money20/20 Asia to include Token Day
Hana Financial kicks off in-house venture projects
Kakao Pay, KT to take part in govt’s Zero Pay
Yanolja hires former Tesla Motors Korea chief
January 23, 2019
