Naver announced plans Thursday to make significant investment in cloud computing through 2023 in a bid to up its overseas market share in an area dominated by Amazon and Microsoft.
E-commerce company 11st said Wednesday its transactions selling overseas goods jumped 350 percent from Aug. 31 through Sept. 6 compared to the same period a month ago.
Retail giant Amazon started a new service for Korea Tuesday through 11st, an online shopping platform controlled by SK Telecom.
Distributor NEW announced that it has signed a copyright contract with Amazon TV to remake its film “The Villainess” into a series on Monday. Jeong Byeong-gil, who directed the original film, will take the helm of the pilot episode and oversee...
Rapper Tablo of hip-hop trio Epik High will join forces with Ithaca Holdings' Scooter Braun and Emmy winner Jason Kim for Amazon Studios' comedy series "Neon Machine," the rapper's agency Ours said on Monday. According to the agency, Tablo ...
Hyosung Advanced Materials will supply the fabric for the airbags in Amazon’s fully autonomous vehicle, the Korean company said Tuesday. Global Safety Textiles, a Hyosung affiliate that specializes in airbag fabric, will manufacture the material.
After losing money for a decade straight, Coupang started trading in New York on Thursday with an $80 billion market cap.
Coupang stock rose 41 percent in its stock market debut on the New York Stock Exchange, giving it a market cap of more than $80 billion.
Shinhan Financial Group is buying a to-be-completed Amazon fulfillment center in the United States in cooperation with IGIS Asset Management, a Seoul-based property investor with $27 billion under management.
Amazon has partnered with SK Telecom to directly ship products to Korean consumers. SK Telecom announced Monday that under the partnership, Korean consumers will be able to purchase Amazon products on the 11st website.