SoftBank’s latest $1.7-billion bet on accommodation reservation start-up Yanolja underscores the investment company’s growing appetite for Korea-based start-ups as more high-tech firms manage to scale up their business during the pandemic.
Yanolja, an online booking company, has received a $1.7 billion investment from SoftBank Vision Fund 2.
Naver's subsidiary Line will be delisted from the Tokyo Stock Exchange on Dec. 29, four years after the messaging company went public in Japan. The move comes ahead of the merger of Line and Yahoo Japan.
Hyundai Motor Group’s push to shift from a traditional auto manufacturer to a mobility solution provider is expected to get a big boost from its recent 80-percent acquisition of U.S. robotics company Boston Dynamics.
Major local companies are desperately raising and stashing away cash in case of emergency as there is currently no light at the end of the tunnel in the coronavirus pandemic.
SoftBank Robotics is offering its first product in the country since opening an office in Korea in late 2019: the Whiz vacuum cleaner.
Huawei is no longer one of the top five customers of Samsung Electronics after being on that list for two years running. Apple, AT&T, Deutsche Telekom, SoftBank and Verizon are now the biggest buyers of products from the Korean company, ...