Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
South Korea's CJ Olive Young collaborates with Meta Platforms Inc. for advanced digital marketing. The partnership aims for overseas expansion and innovative ad campaigns, leveraging Facebook and Instagram to amplify brand awareness.
Likewise, CJ Olive Young and Meta will cooperate for marketing innovation via expansion overseas and collaborative ads. The former, a leading health and beauty store chain in South Korea, confirmed on Tuesday, Aug. 22, that it secured a deal with the American social media and tech company.
According to The Korea Economic Daily, the contract states that Meta will help CJ Olive Young reach a wider audience and convert this into new sales. The American firm will use Facebook's ads to fulfill this goal. With millions of users, it is hoped that CJ Olive Young will soon reach more people and make them aware of the brand.
Moreover, Meta will support CJ Olive Young further in its business development overseas. The company will also help the latter run digital ads in foreign markets. Together, they will offer Instagram Rills' content creation consulting and create short ad materials for the brand.
The companies hope that this partnership will be beneficial to both sides. They expect to achieve their respective objectives while also bolstering their position in the digital marketing space.
Meanwhile, Korea's IT Daily reported that CJ Olive Young and Meta will focus on promoting digital marketing innovation with a focus on the tech company's marketing solution called "Cooperative Advertising." This digital solution helps brands carry out effective marketing in external sales channels outside their own physical and online shopping platforms.
"We are delighted to further strengthen our partnership with Olive Young, which has maintained a close collaborative relationship, on a company-wide level," Choi Young, Meta E-Commerce's general manager, said in a statement.
Photo by: Dima Solomin/Unsplash
