Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Krafton Inc., a major South Korean game publisher, has acquired Japan's leading advertising and animation group ADK for 75 billion yen ($517 million...
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...
LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 m...
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...
South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...
Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...
Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
POSCO Future M Co., South Korea’s leading battery materials maker, is set to raise 1.1 trillion won ($771 million) through a rights offering a...
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...
The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...
South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...
Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...
Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...
KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...
INCHEON – South Korea’s Incheon International Airport Corp. (IIAC) is set to upgrade and operate an airfield in Uzbekistan to expand the...
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...
Samsung Display Co., the display-making unit under Samsung Electronics Co., will exclusively supply organic light-emitting diode (OLED) displays for...
Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...
The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the f...
Seoul-based real estate investment firm Asia Property has been picked as the sole preferred bidder for an office building currently occupied by cowo...
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...