E-Commerce Startup Kurly Eyes Domestic IPO After Raising $200M
Market Kurly Inc., a South Korean logistics and food delivery service provider announced that it would list its shares in ...
Tag: E-commerce
LG’s LX Group to Launch On E-Commerce Fulfillment Service with Pantos
LX Group, an LG Corp. spinoff company, announced that it would be joining the global e-commerce industry. In particular, LX ...
Naver, CJ Logistics Taps Into Next-Day Delivery Service with AI Logistics
Naver Corp. announced that it had strategically teamed up with CJ Logistics to launch next-day delivery services. Moreover, the two ...
Kakao Challenges Local Rivals with E-commerce Platform Launch in July
Kakao Corp. currently prepares to participate in the South Korean e-commerce sector. In particular, Kakao would be launching its e-commerce platform ...
Lotte, Shinsegae Bid to Acquire eBay, Korea’s 3rd-Largest Retail Platform
The two South Korean retail companies, Lotte Group, and Shinsegae Group submitted their binding bids to acquire eBay Korea. Investment banking sources said ...
Coupang Ventures Overseas with 1st E-commerce Operation in Japan
Coupang Inc., the largest South Korean online retailer, announced that it had begun its global expansion by introducing its platform ...
Naver Strengthens European E-commerce Footing with Smart Store Spain
Naver Corp., South Korea’s leading search engine operator, shared its plans to reinforce its foothold in the fast-growing European e-commerce ...
Kakao Diversifies E-Commerce Services with Zigzag Acquisition
Kakao Corp. announced that it would acquire Croquis, the operator of ZigZag, a local fashion shopping platform startup. Recently, the South Korean ...
Naver, Shinsegae Partner to Strengthen Next-Gen E-Commerce Network
Naver Corp. and Shinsegae Group revealed they had formed a partnership to reinforce their standing in the ever-changing e-commerce industry. Recently, the e-commerce ...
Coupang Sees Spike in Shares Amid 2021’s largest US IPO Yet
South Korean e-commerce company Coupang saw a spike in its shares following its debut on the New York Stock Exchange. With backing ...
Naver Expand Innovative E-commerce Platform with Wallapop Partnership
Naver Corporation, South Korea’s top web portal operator, revealed it had formed a strategic investment in the Spanish virtual marketplace ...
E-Commerce Giant Coupang Launches Unlimited TV ” Coupang Play “
Coupang, the largest E-commerce company in Korea, introduced its new video streaming app "Coupang Play" on Thursday, which led the ...
COMEUP 2020 Day 3: Commerce: E-Commerce End Game?
The Ministry of SMEs and Startups successfully launched this year’s biggest startup festival in South Korea, the COMEUP 2020, from November 19-21. The ...
COMEUP 2020 Day 3: The Future of Retail: A Tale of Blending Realities
The Ministry of SMEs and Startups successfully launched this year’s biggest startup festival in South Korea, the COMEUP 2020, from November 19-21. The ...
Amazon to Purchase 30 Pct of SK Telecom’s E-Commerce Platform 11st
U.S.-based e-commerce platform operator Amazon announced that it would collaborate with SK Telecom’s 11st by acquiring 30 percent of the ...
Naver, CJ Sign 600 Bln Won Share-Swap Deal to Strengthen E-Commerce
South Korea's leading internet portal operator Naver announced that it signed a 600 billion won ($531 million) share-swap agreement with ...
Retail Giants, Lotte, E-Mart, Face Falling Profits
Two of South Korea’s largest retailers, Lotte and E-Mart are struggling to raise their failing profits amidst changing business environment ...
“Cremmerce”, a Korean Startup by IBL Accumulates over 110 billion Won inTransactions
“Cremmerce”, a Korean Startup by IBL announced on April 5 it has made over 110 billion won (about US$96.5 million) ...
