LG’s LX Group to Launch On E-Commerce Fulfillment Service with Pantos

LG spinoff, LX Group, establishes a fulfillment service platform with Korea's largest Logistics company Pantos, participating in the fast-growing e-commerce market. Photo shows fulfillment center of Pantos

LX Group, an LG Corp. spinoff company, announced that it would be joining the global e-commerce industry. In particular, LX...

Kakao Corp. had been comprehensively expanding its platforms, becoming South Korea’s fifth-largest business group in terms of market capitalization.

Kakao Becomes Korea’s 5th Largest Biz Group in Terms of Market Cap

by Kwang-Sun

June 21, 2021

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Kakao Corp., South Korea’s most popular messaging app operator, became the country’s fifth-largest business group in terms of market capitalization....

Krafton became the first-ever South Korean decacorn to trade its shares in KOSPI, aiming to generate a 5.6 trillion won valuation.

Video Game Decacorn Startup Krafton to Raise $5 Billion in IPO

by Kwang-Sun

June 17, 2021

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The South Korean mobile video game publisher Krafton Inc. applied for a preliminary initial public offering (IPO) approval to the...

Lotte and Shinsegae increased asset securitization efforts as part of their final bidding for eBay Korea, South Korea’s third-largest e-commerce platform.

Lotte, Shinsegae Secures Assets Ahead of eBay Korea Bidding Finalization

by Kwang-Sun

June 14, 2021

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The two South Korean retail giants, Lotte Group and Shinsegae Group increased their asset securitization efforts ahead of the eBay...

LG Energy Solution started its IPO process, bringing about South Korea’s most extensive stock listing and aiming to use the proceeds to cultivate the global EV battery market.

LG Energy Solution’s Stock Listing to Become Korea’s Largest IPO Yet

by Kwang-Sun

June 10, 2021

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LG Energy Solution, LG’s automotive battery manufacturing unit, announced that it had officially started its initial public offering (IPO) process....