
Lionheart Studio, Golfzon Commerce ditch IPO listing plan
Oct 18, 2022 07:37 am UTC| Business Economy
Lionheart Studio, a Kakao Games subsidiary and Golfzon Commerce are the latest companies to cancel their Initial Public Offering listing. The companies are supposed to go public before this year ends, but there has been a...

Toys R Us is back in Macy's store locations
Oct 17, 2022 10:13 am UTC| Business Economy
Toys R Us is making a grand comeback in the United States in time for the upcoming holiday season. It will not be opening its own standalone stores for now and will be returning through a partnership with Macys department...

SPC Group inaugurates Paris Baguette in London
Oct 17, 2022 09:59 am UTC| Business Economy
SPC Group has brought its Paris Baguette bakery chain brand to Europe, and it launched its first outlet in London. The South Korean food manufacturing company announced on Sunday, Oct. 16, that the opening marks the...

Busch unveils Turkey Brew ‘beer’ made for pet dogs
Oct 17, 2022 09:36 am UTC| Business Economy
Busch launched a new product for the holidays, but this time, it is for canine pets. The beer brand unveiled its Dog Brew line, and it comes in three flavors. Busch released the Turkey Brew beer that is made especially...

Samsung to launch its upgraded digital wallet in 13 countries
Oct 17, 2022 08:42 am UTC| Business Economy
Samsung Electronics is bringing its digital wallet to 13 additional countries and battle with its rival, Apple Pay. The move comes as Apple Pay is set to arrive in South Korea through its partnership with Hyundai Card next...

SM Entertainment to cancel contract with Lee Soo Man’s Like Planning
Oct 17, 2022 08:08 am UTC| Business Economy
SM Entertainment Co., Ltd. finalized its decision to terminate its contract with its own founder Lee Soo Mans production company called Like Planning. The entertainment firm confirmed late last week that it is cutting its...

Kakao could be probed by government for possible market monopoly, Report
Oct 17, 2022 06:36 am UTC| Business Economy
Kakao may be investigated as the South Korean government would like to check if the company has monopolized the market. The countrys President, Yoon Suk Yeol, told the press that if found to be true, the authorities will...