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CJ ENM, South Korea’s entertainment and media powerhouse, said Nov. 21 that it has signed a long-term strategic partnership deal with global online video streaming platform Netflix to create and dist...
The merger of Naver’s Line and SoftBank’s Z Holdings, formerly known as Yahoo! Japan, to create a $30 billion tech company will take the popular messaging app private first, making Line creator Shin ...
The merger of Naver’s Line and SoftBank’s Z Holdings, formerly Yahoo! Japan, has come at a time of soured bilateral relations over unresolved historical issues between the two East Asian countries. T...
South Korean internet giant Naver and Japan’s SoftBank on Nov. 18 announced that they agreed to merge messenger app Line and portal Yahoo! Japan in a deal that is set to create the largest Japanese m...
South Korea’s e-commerce market has several big players -- Coupang, 11st Street, WeMakePrice and G-market -- which are engaged in cut-throat competition and are gnawing at the business of offline ret...
South Korean internet giant Naver’s shares soared 13 percent on Nov. 14 following news that its messenger app Line is mulling a merger with SoftBank-owned Yahoo! Japan. Japan’s media reports earlier...
YouTube on Nov. 13 introduced 12 promising game content creators selected for NextUp, the video streaming giant’s initiative to nurture creators. It was the first time the company carried out the pro...
Struggling to innovate in a fast-changing, competitive market, South Korean banks have their eye on a new integrated financial service -- open banking. The service lowers the threshold for bank cust...
Software will be key differentiator for companies in diverse biz sectors. Open source used to be considered to be dangerous and destabilizing by many tech titans. Microsoft, Ericsson and Nokia were ...
Kakao, the operator of South Korea‘s top mobile messenger KakaoTalk, said Nov.7 its third-quarter net profit skyrocketed nearly six times higher from a year earlier on the back of robust revenue from...
South Korean online game maker NCSoft said Nov. 6 the new mobile version of its megahit game Lineage 2 will be launched later this month. Lineage 2M will be available Nov. 27, the company said. ...
South Korea’s chip exports have climbed more than 5 percent this year despite a tumble in prices of key products, data showed Nov. 4. The country’s semiconductor exports totaled 29,834 tons for t...
Telecom giant KT said Nov. 1 it has launched an ICT rescue center on Mount Annapurna in Nepal to offer network services for climbers in the region. Built at the Machhapuchhre Base Camp at the alti...
The number of subscribers to 5G services offered by the nation’s three telecommunications firms -- SK Telecom, KT, and LG Uplus -- came in at 3.47 million as of September, according to the Ministry o...
SK Telecom said Oct. 31 its third-quarter net profit plunged due to equity losses of its chipmaking subsidiary, while its operating profit remained mostly unchanged from the previous year. Its ne...
KB Asset raises W1tr for AMP Capital’s infra debt funds
Climate response fund to be set up in 2022 to bolster renewable energy transition
Middle-income households see sharpest drop in spending
MMAA hires ex-Lotte insurance CIO
Real estate fiasco sidelines Moon’s income-led growth drive
BOK seeks authority to monitor crypto transactions
Samsung heir becomes richest Korean
Real estate investors drift away from Seoul, toward logistics
May 18, 2021
