Emart is acquiring 80 percent of eBay Korea for 3.44 trillion won ($3.05 billion), significantly raising its presence in the market and becoming a top-ranked e-commerce player overnight.
TGI Friday’s in Korea has been sold by Lotte GRS, which operates Lotteria, the seller announced Wednesday.
E-commerce laggard Lotte Shopping is trying to make the best of its situation after the opportunity to buy eBay Korea passed it by.
Shinsegae and Lotte Shopping submitted their bids to take over Korea's third largest e-commerce retailer, eBay Korea, a deal that will shake up the country's e-commerce retail segment.
The SSG Landers held on to an increasingly narrow lead in the KBO after another week of baseball, with just two games now separating the top six teams.
Jang Ha-na picked up her first win of the season at the KLPGA Lotte Open at the Bears Best Cheongna Golf Club in Incheon on Sunday.
Coupang is said to be the Amazon of Korea. Now it’s trying to create an Amazon PrimeVideo of its own. Other retail companies that don't have their own streaming platform are active on YouTube.
Kim Cho-hui tallied a hole-in-one on the first day of the first round of the KLPGA Lotte Open today at the Bears Best Cheongna Golf Club in Incheon.
Korean movie theater chains are coming up with merchandise and events to celebrate World Environment Day which falls on June 5, according to the cinema industry on Wednesday. CJ CGV collaborated with fashion startup F5 LAB and released “screen ...
The search is on among Korea’s top companies for local partners to build the country’s hydrogen infrastructure. Lotte Chemical is teaming up with SK Gas to commercialize hydrogen that’s naturally produced in their factories.