Coupang has bigger problems now than just reporting massive losses. A competitor is being formed that could shake up the e-commerce business and threaten its position in the market.
IT company Naver and CJ Group will form a strategic alliance through a stock swap in a bid to expand the two companies' business presence in the e-commerce and entertainment industries.
Amorepacific said Wednesday it signed a strategic partnership with China Duty Free Group (CDFG) to strengthen its global presence.
Korea took part in the Pentagon’s first multinational conference on military artificial intelligence (AI) on Tuesday and Wednesday, widely regarded as an attempt to build a coalition against China’s rapidly expanding technological capabilities.
Brick-and-mortar stores are doing what they can to stay in business as the world goes virtual.
An employee at Samsung Electronics, left, and an employee at Eo Technics look into a semiconductor laser facility jointly developed by the two companies.
The highly-anticipated sci-fi blockbuster “Space Sweepers” will be released in the form of a webtoon on Daum and Kakao Page on Wednesday. “Space Sweepers” is the first-ever local sci-fi blockbuster which is set in the year 2092. Director Jo...
EU ambassador talks about the response to the Covid-19 pandemic. The best weapon against a virus with no borders may be acting just like it. “It’s not like the virus has a passport and needs a visa to get in,” said Michael Reiterer.