Korea’s leading music streaming platform Melon will partner with Chinese and Japanese streaming platforms to launch a new service early next year that showcases the latest K-pop trends, Kakao Entertainment said on Tuesday.
Over the past decade, revenue growth among leading global companies shows stark contrasts in both magnitude and industrial focus, with Korea logging moderate growth in finance while the United States and China surged in the technology sector.
The Korean gaming industry protested Chinese tech giant Tencent Holdings' alleged attempt to buy its way into the Korean gaming market through a $15 billion acquisition of game developer Nexon.
Tencent Holdings, China’s tech giant, is reportedly reviewing a $15 billion acquisition of Korean game developer Nexon, according to a Bloomberg report published Thursday.
SM Entertainment, the K-pop powerhouse behind aespa and SHINee, will join forces with Tencent Music Entertainment to launch a Chinese idol group within the next three years under a new agreement signed Thursday.
HYBE established its first subsidiary in China in a bid to facilitate its artists' activities in the country amid increasing anticipation for the Chinese market opening up to Korean artists.
The Korean music chart platform Circle Chart, formerly known as the Gaon Music Chart, will include Chinese music platform Tencent Music's data on K-pop into its "Global K-pop Chart" starting in November.
The two companies signed a business agreement in which the Chinese company promised to provide the online and offline sales data of K-pop music in the local market to Hanteo Global, the Korean company said Tuesday.
Chinese streaming platform Huya halted broadcasts of Korea’s League of Legends (LoL) professional tournaments, weeks after a top Korean Esports team referred to Taiwan as a sovereign country.
Samsung Electronics shares closed higher on Tuesday with market optimism around generative AI and high-performance fueling recovery.
Korea JoongAng Daily Sitemap
