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South Korea‘s internet giant Kakao is planning to issue $300 million worth of exchangeable bonds to accumulate the dry powder for its future mergers and acquisitions activities, the company said in a...
South Korea‘s antitrust regulator on Oct. 6 imposed a 26.7 billion won ($22.9 million) fine on Naver, accusing the company of manipulating search algorithms to favor its own online shopping business....
To make a foray into the fast-growing South Korean console market, currently dominated by Japanese products -- Sony’s PlayStation and Nintendo’s Switch -- Microsoft has partnered with local telecommu...
After the successful market debut of its online game unit earlier this month, South Korean mobile messenger giant Kakao is gearing up for another initial public offering next year, this time with its...
Netmarble launches storytelling game BTS Universe Story, second Netmarble said on Sept. 24 that it has launched BTS Universe Story in 173 countries, a storytelling game featuring 3D-scanned avatars ...
Kakao Games, the gaming arm of South Korean mobile messenger giant Kakao, made a strong market debut on the tech-heavy Kosdaq on Sept. 10, trading at more than double of its initial public offering p...
In line with President Moon Jae-in administration’s “Korean New Deal” economic stimulus package, the nation’s sole bourse operator on Sept. 7 launched indexes that will be tracked by a 20 trillion wo...
KakaoPay Securities, the stock brokerage arm of mobile messenger giant Kakao, said Sept. 7 that it saw its number of subscribers exceed 2 million some six months after the firm’s official launch on F...
KakaoPage, an entertainment company specializing in online cartoons, web novels, film, and TV series, will expand its business overseas, according to the company’s announcement on Sept. 4. KakaoPag...
Netflix’s regional office in South Korea is being investigated for alleged tax avoidance, according to industry sources on August 27. The National Tax Service made its first visit to the Netflix‘s ...
Netmarble Games, South Korea‘s No. 1 mobile game developer and publisher, said on August 12 that its net income more than doubled in the second quarter from a year earlier on the back of the populari...
LG U+, a South Korean telecommunications firm, said on August 11 that the company has commercialized the world‘s first 5G-based augmented reality glass solutions. The wearable device named LG U+ R...
Naver on August 7 said that its online cartoon business is posting 3 billion won ($2.5 million) in average daily gross sales as of Aug. 2, up from 2 billion won in August last year. Naver contribut...
Kakao, the operator of South Korea’s top mobile messenger, on August 6 announced that its quarterly sales reached 952.9 billion won ($803.7 million) in the second quarter, an increase by 30 percent ...
Kakao Games is facing a boycott from users for sexist translations in its newly released game Guardian Tales, posing a hiccup to the company that stands on the doorstep of going public. The gaming ...
Local fintech startup unveils Korea’s first commercial system to rule out naked short selling
Kakao’s financial subsidiaries gear up for 2021 IPOs
Hanwha Asset gains PFM license for mainland China
Woori Financial’s Q3 net profit drops 1.13%
NH NongHyup sets up Myanmar branch
Kakao to raise $300m in Singapore to muster up M&A dry powder
Shinhan Financial, Grab partner on digital finance services in Vietnam
Car sharing startup Socar becomes 12th unicorn in S. Korea
November 01, 2020
