Millie, an e-book subscription service provider, said that it hopes to go public on Kosdaq in November and raise up to 50 billion won ($34.8 million).
Stocks ended almost flat Thursday, shedding nearly all earlier gains amid woes that combative monetary tightening moves in major economies would lead to a global economic recession. The won rose slightly against the dollar.
The won fell more than 1 percent against the dollar and stocks declined more than 2 percent on Wednesday as the global market rout continued.
The won renewed another 13-year-plus low on Wednesday to reach 1,440.70 against the dollar.
Stocks snapped their four-day losing streak Tuesday amid still persistent woes over aggressive monetary tightening moves in major economies that could lead to a recession. The won sharply rose against the dollar.
Stocks dropped to the lowest level in over two years and the won continued to tumble Monday amid growing fears of a global economic recession caused by combative monetary tightening in major economies.
Stocks closed down on Thursday, as investors were spooked by growing worries over a global economic recession following the U.S. Federal Reserve's sharp rate hike decision.
Stocks slipped back into negative territory again Wednesday, as investors took to the sidelines ahead of a widely expected sharp rate hike by the Federal Reserve.
Seoul stocks ended their four-day losing streak on Tuesday as investors scooped up oversold stocks ahead of the Fed's policy meeting later this week. The won rose against the dollar.
Stocks dipped by more than 1 percent on Monday, extending their losing streak to a fourth day as market sentiment was dampened by the prospect of another sharp rate hike this week by the U.S. Fed.