Coupang Demerges Fintech Business Subsidiary Coupang Pay
Coupang announced the spin-off of its payment service platform Coupang Pay to advance its fintech business. The company expects the ...
Tag: South Korea
Celltrion at Second Stage of Vaccine Development Against COVID-19
Celltrion said on Thursday that the company started to select through screening the most effective antibodies to neutralize the virus. ...
Hyundai, Samsung, LG Suspend More Plants Abroad Due to COVID-19
As more countries deteriorate due to the rapid and widening spread of the COVID-19, South Korean companies are suspending more ...
Hanjin Group Chair Cho Won-tae Remains Hanjin KAL Exec Director
Hanjin Group Chairman Cho Won-tae retained his position as the executive director of Hanjin KAL, the company of Hanjin Group, ...
Research Consortium to Test COVID-19 DNA Vaccines on Primates
The South Korean government commissioned a research consortium intended at testing the first of a vaccine candidate on primates. The ...
South Korean Companies Close India Plant Operations Amid Virus Scare
South Korean companies temporarily closed their plant operations in India. The country recently shut down all its nonessential services amid ...
Top Eight Promising EdTech Startup Companies in South Korea
With the advancement of technology, the education technology sector has been rapidly growing in South Korea. EdTech startups are developing ...
KAIST Researchers Develop Highly Reusable Mask Filter
A team of South Korean scientists from the Korea Advanced Institute of Science and Technology (KAIST) announced Monday that the ...
Celltrion to Conduct Trials for COVID-19 Test Kit, Cure in Six months
Celltrion, South Korea’s leading biosimilar developer, said it doubled its efforts to create a super-fast test kit designed to identify ...
Samsung Electronics Ask Vietnam to Ease Travel Ban for its Engineers
Samsung Electronics Co. has asked the Vietnamese government to permit the entry of its South Korean engineers, exempting them from ...
Coronavirus Outbreak Shakes South Korea’s Tech Industry
Update (March 2,2020): The Korea Centers for Disease Control (KCDC) said that as of February 27 afternoon, a spike in ...
S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks
SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several ...
Mobileye to Introduce Self-Driving Taxis in South Korea
Mobileye CEO and co-founder Amnon Shashua announced at a press conference held at the Consumer Electronics Show (CES) 2020, that ...
BonAngels, Naver and Other Investors Enjoy High Return Deal from Baedal Minjok
"Baedal Minjok" owner, Woowa Brothers, will take the name as one of the rare exit cases of early-stage ventures. The ...
South Korea Adds Restriction On Imported Japanese Seafood
South Korea's Ministry of Oceans and Fisheries (MOF) announced last Tuesday its plan for stricter country-of-origin inspections of fishery products. ...
Samsung Gets First Batch of Photoresist From Japan Amid Trade Embargo
In an unexpected move, Japan has allowed the shipment of photoresist materials to South Korea. Samsung is said to be ...
Japan Taking A Break From Expanding Trade War With South Korea
After weeks of being on the high gear, the South Korea-Japan trade war may be taking a break for now. ...
Korea’s “Boycott Japan” Hurting Latters Car and Other Industries
It seems that Japan’s embargo on South Korean goods is hurting Japan as well. In protest of the trade restrictions ...
