At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

In the bustling backstreets of Ulaanbaatar, shoppers file out of a CU convenience store with instant tteokbokki, or simmered Korean rice cake, packs...

Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competitio...

Naver Webtoon’s Eleceed: Now anime by studio behind The First Slam Dunk

Naver Webtoon’s Eleceed: Now anime by studio behind The First Slam Dunk

High school student Seo Jiwoo knows nothing of the hidden world around him. Terrified of his own mysterious powers, he lives quietly, concealing his...

Xiaomi to open first offline store in S.Korea with premium products

Xiaomi to open first offline store in S.Korea with premium products

Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...

Google to invest $100 mn in Gentle Monster in smart glasses push

Google to invest $100 mn in Gentle Monster in smart glasses push

Google LLC has signed an agreement to invest about 145.0 billion won ($100 million) in Gentle Monster, the South Korean fashion eyewear brand that i...

Naver Financial seeks to acquire S. Korean real estate data platform Asil

Naver Financial seeks to acquire S. Korean real estate data platform Asil

Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based real est...

POSCO inducted into World Steel Dynamics’ Hall of Fame

POSCO inducted into World Steel Dynamics’ Hall of Fame

South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...

Kakao Mobility to build smart infrastructure for Saudi Diriyah project

Kakao Mobility to build smart infrastructure for Saudi Diriyah project

Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...

Google partners with Samsung, Gentle Monster for new smart glasses

Google partners with Samsung, Gentle Monster for new smart glasses

SILICON VALLEY – Google LLC is making a renewed push into the smart glasses market in partnership with South Korea’s Samsung Electronics...

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

With Ulta deal, APR steps up US beauty push

With Ulta deal, APR steps up US beauty push

Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...

When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven

When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven

“If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If...

StockX in merger talks with Naver’s online reseller Kream

StockX in merger talks with Naver’s online reseller Kream

StockX, the world’s most popular online resale marketplace, is in talks to merge with Kream, a resale unicorn under South Korea’s tech g...

Naver, Kurly tie up to counter e-commerce giant Coupang

Naver, Kurly tie up to counter e-commerce giant Coupang

South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...

LG CNS breaks into US smart city market

LG CNS breaks into US smart city market

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

Naver mulls acquiring about a 10% stake in Kurly

Naver mulls acquiring about a 10% stake in Kurly

Naver Corp. is considering taking over a stake in Kurly Inc. to become the largest shareholder in the South Korean dawn delivery service market pion...

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance ...

Naver to build sovereign AI, says founder Lee after return

Naver to build sovereign AI, says founder Lee after return

South Korea’s No. 1 internet portal operator Naver Corp. will build strong sovereign artificial intelligence to fight the growing dominance of...

Naver to name new CFO as incumbent financial manager's term nears end

Naver to name new CFO as incumbent financial manager's term nears end

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

Naver’s Webtoon hints at ad business expansion in 2025

Naver’s Webtoon hints at ad business expansion in 2025

Webtoon Entertainment Inc., the Nasdaq-listed storytelling platform operator under South Korea’s internet giant Naver Corp., is set to expand ...

Korean e-commerce platforms’ growth cools; Naver Shopping sales down

Korean e-commerce platforms’ growth cools; Naver Shopping sales down

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

Naver founder to return as board chair; 2024 earnings solid

Naver founder to return as board chair; 2024 earnings solid

Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...

Naver Webtoon's Stagtown to be cinematized by Hollywood

Naver Webtoon's Stagtown to be cinematized by Hollywood

South Korea's Naver Webtoon said on Thursday its horror series Stagtown, popular in the US, will be made into a movie by Hollywood.Stagtown was di...

Amorepacific's Aestura to enter US market with Sephora

Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

Coupang, Naver in dead heat for South Korea’s e-commerce market lead

Coupang, Naver in dead heat for South Korea’s e-commerce market lead

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

Naver Webtoon invests in Japan's Number Nine

Naver Webtoon invests in Japan's Number Nine

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

Yes, it’s K-beauty: Buying interest for makeup brands runs high even before they're up for sale Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany