HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE Co., a South Korean music powerhouse, is turning up the heat this summer with a wave of major releases, including a live album from its flagshi...

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...

Netmarble set to spark subculture craze at Summer Game Fest

Netmarble set to spark subculture craze at Summer Game Fest

Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...

Shinsegae to double down on hypermarkets as Homeplus falters

Shinsegae to double down on hypermarkets as Homeplus falters

Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the ...

S.Korean overseas card spending posts record $5.71 bn in Q3

S.Korean overseas card spending posts record $5.71 bn in Q3

With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third qua...

Samsung unveils 2024 monitors at Summer Game Fest

Samsung unveils 2024 monitors at Summer Game Fest

Samsung Electronics Co. unveiled its new 2024 monitor models at the largest North American game show Summer Game Fest, held at the YouTube Theater i...

Hollys Coffee goes to Japan as Korean franchises turn gaze abroad

Hollys Coffee goes to Japan as Korean franchises turn gaze abroad

Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...

Starbucks reigns in coffee republic of South Korea; Drink, play and work

Starbucks reigns in coffee republic of South Korea; Drink, play and work

In South Korea, coffee is not just something to drink. It’s a culture, in which people drink, play and work.Koreans’ love affair with co...

WeWork vs Starbucks as workspace in South Korea

WeWork vs Starbucks as workspace in South Korea

In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...

Nestlé seeks to open Starbucks brand stores in Korea

Nestlé seeks to open Starbucks brand stores in Korea

Nestlé S.A., the world’s largest food company, is preparing to open small Starbucks brand stores in South Korea to attract budget-consc...

Starbucks' space marketing shines in Korea with 'The' stores

Starbucks' space marketing shines in Korea with 'The' stores

Starbucks “The Yeosu Dolsan DT” in South Korea embodies the business philosophy of its founder and former Chief Executive Howard Schultz...

Smilegate to host CFS Summer Championship 2023 in Vietnam

Smilegate to host CFS Summer Championship 2023 in Vietnam

Smilegate Entertainment, a South Korean game developer and publisher, announced on Monday that it will host the "CFS Summer Championship 2023" in co...

Starbucks to offer super-size Trenta drinks in S.Korea

Starbucks to offer super-size Trenta drinks in S.Korea

Starbucks will roll out its biggest size for iced drinks, the Trenta, next week in South Korea, which was chosen as its first overseas market to int...

Seoul is fourth most searched global city for summer travel: survey

Seoul is fourth most searched global city for summer travel: survey

The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...

Starbuck’s seasonal giveaways still popular in S.Korea

Starbuck’s seasonal giveaways still popular in S.Korea

Starbucks Korea announced on Sunday that the amount of application access increased by 50% on average compared to the previous day on last Thursday,...

Maeil cracks China’s alternative milk market with Starbucks deal

Maeil  cracks China’s alternative milk market with Starbucks deal

South Korea’s Maeil Dairies Co. has jumped into China’s alternative milk market, worth $17 billion in 2022, by supplying Almond Breeze B...

Asiana Airline boosts flights to China as demand recovers

Asiana Airline boosts flights to China as demand recovers

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

One in 5 South Koreans claims Starbucks Rewards stars

One in 5 South Koreans claims Starbucks Rewards stars

Starbucks Korea saw members of its rewards program surpass 10 million this month, meaning that one in every five South Koreans is a registered membe...

Starbucks Korea conducts voluntary recall on giveaway items

Starbucks Korea conducts voluntary recall on giveaway items

Starbucks Korea, owned by South Korean retail juggernaut E-Mart, conducts a voluntary recall of its line of summer travel bags, following health c...

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Shanghai-based game developer and publisher miHoYo Co. on Wednesday wrapped up its well-attended week-long Genshin 2022 Summer Festival in Seoul.&nb...

Starbucks Korea issues apology for carcinogen-containing merch

Starbucks Korea issues apology for carcinogen-containing merch

Starbucks Korea issued a public apology on Thursday regarding the recent allegations over its line of summer travel bags containing a toxic chemical...

Starbucks Korea faces its biggest challenge in 23 years 

Starbucks Korea faces its biggest challenge in 23 years 

Starbucks Korea, the undisputed leader in South Korea’s coffee franchise landscape, is facing the biggest challenge of its 23-year history.&nb...

Starbucks Korea secures No.1 spot in crowded market

Starbucks Korea secures No.1 spot in crowded market

Starbucks Korea's sales are on course to exceed 2 trillion won ($1.7 billion) this year, the largest-ever annual revenue for a coffee franchise oper...

Carlyle buys coffee franchise A Twosome Place for over $800 mn

Carlyle buys coffee franchise A Twosome Place for over $800 mn

The Carlyle Group has bought South Korea's No. 2 coffeehouse chain A Twosome Place from Anchor Equity Partners, saying it would "capture the signifi...

Netflix reports jump in users, calls Squid Game its most popular show ever

Netflix reports jump in users, calls Squid Game its most popular show ever

Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...

Investors revalue E-Mart after owning two-thirds of Starbucks Korea

Investors revalue E-Mart after owning two-thirds of Starbucks Korea

Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...

GIC set to buy stake in Starbucks Korea for $700 mn

GIC set to buy stake in Starbucks Korea for $700 mn

Singapore's sovereign wealth fund GIC Private Ltd. is set to sign an agreement next week to buy a 30% stake in Starbucks Korea from the coffeehouse ...

BTS smooths Butter at Billboard Music Awards; scoops up 4 awards

BTS smooths Butter at Billboard Music Awards; scoops up 4 awards

BTS is unstoppable. The K-pop boy band continues to set fresh records -- becoming the first Korean band to scoop up four awards at the 2021 Billboar...

Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn

Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn

Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...

Shinsegae mulls 100% stake in Starbucks Korea

Shinsegae mulls 100% stake in Starbucks Korea

South Korea’s retail giant Shinsegae is reviewing ways to double its stake in Starbucks Korea from 50% to 100%, according to an industry sourc...

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 S.Korea’s most prominent business leader returns with all charges cleared