Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Lotte Group may be going after Yogiyo now that reports are saying that Shinsegae and Naver consortium are the likely winners in the bid to buy eBay Korea. Since it is on the losing side, industry observers believe the multinational company will pursue South Korea’s no. 2 food delivery app.
Yogiyo was put up for sale by its German operator, Delivery Hero, and its sale is being managed by Morgan Stanley as its advisor. With eBay Korea’s bidding coming to a close, the attention is now on Yogiyo since it is the next big thing that can be acquired by businesses.
Bids for Yogiyo’s acquisition
Moreover, it was said that buying Yogiyo instead will be a face-saving move on the part of Lotte Group. Pulse News reported that Delivery Hero and Morgan Stanley are set to close the invitation to bid for the delivery company’s acquisition, but they may extend the deadline if there will be candidates that will make a request for it.
The German company has until Aug. 3 to unload Yogiyo as a condition to eliminate antitrust issues. It was reported that the firm is more likely to pick a bidder to hasten the merger and acquisition process, including administrative clearance, so it can meet the deadline set by the regulators.
Several bidders have been named, and these are Shinsegae Group’s SSG.com, MBK Partners, Bain Capital, Affinity Equity Partners, and UK-based Permira. However, it was said that Shinsegae may drop out since it is poised to win the deal to acquire eBay Korea for over $3 billion.
Yogiyo’s sale deadline extended at the last minute
Korea’s news outlet, News Directory, reported that the deadline for the sale of Yogiyo has been extended by one week. It was said that experts are interpreting this extension as a measure to encourage more companies to actively participate in the bidding and never opt out at the last minute. The target is to sell a 100% Yogiyo stake in Delivery Hero Korea.
“As Shinsegae has already decided to invest a large amount in the acquisition of eBay Korea, it seems difficult to be active in the acquisition of Yogiyo,” an industry official stated. “It will not be easy to take the lead in the delivery app market as it is growing rapidly.”
