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Tag: South Korea

Posted on June 24, 2021

Shinsegae Confirms Acquisition of eBay South Korea for $3 Billion

South Korean retailer Shinsegae Group’s E-Mart Inc said on Thursday it plans to acquire 80 percent stake of eBay Inc’s South Korean business for 3.4 trillion won ($3 billion), E-Mart said in a …

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Posted on June 24, 2021

LG faces backlash for its plans on selling Apple iPhones in South Korea

We had recently reported on Apple seeking to sell its iPhones and other products from LG stores in South Korea. But now, it seems that the latter is facing backlash in the country from local …

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Posted on June 24, 2021

Raytheon to Modernize US Navy, South Korea Close-In Weapon Systems Under $344M Contract

Raytheon Technologies (NYSE: RTX) has secured a potential $344.4 million sole-source contract to update MK-15 close-in weapon systems for the U.S. Navy and South Korea. The company’s missiles and …

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Posted on June 24, 2021

Coupang has entered S’pore, here’s all you need to know about this ‘Amazon of South Korea’

Coupang is touted as South Korea’s most valuable startup as its market capitalisation is now at about US$67 billion. Earlier in April, South Korea’s e-commerce giant announced that it is entering the …

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Posted on June 24, 2021

South Korea Wind Power Analysis – Market Outlook to 2030, Update 2021

Pages Report] Check for Discount on South Korea Wind Power Analysis – Market Outlook to 2030, Update 2021 report by GlobalData. South Korea Wind Power Analysis – Market Outlook to 2030, …

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Posted on June 24, 2021

South Korea Solar Photovoltaic (PV) Analysis – Market Outlook to 2030, Update 2021

Pages Report] Check for Discount on South Korea Solar Photovoltaic (PV) Analysis – Market Outlook to 2030, Update 2021 report by GlobalData. South Korea Solar Photovoltaic (PV) Analysis – Market …

( read original story …)



Posted on June 24, 2021

Coupang has entered S’pore, here’s all you need to know about this ‘Amazon of South Korea’

Coupang is touted as South Korea’s most valuable startup as its market capitalisation is now at about US$67 billion. Earlier in April, South Korea’s e-commerce giant announced that it is entering the …

( read original story …)



Posted on June 24, 2021

Spain, South Korea revive disrupted tourism pact

Spain and South Korea signed a new memorandum of understanding (MoU) at a preparatory conference in Barcelona last week, paving the way for the resurrection of a joint tourism plan that was thwarted …

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Posted on June 24, 2021

South Korea Seizes over $47 Million Worth in Cryptos from Tax Evaders

The officials from the Gyeonggi provincial government in South Korea launched a massive crackdown on tax evaders who used cryptos to hide their earnings.

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Posted on June 24, 2021

South Korea MOF Announces Extension of Reduced Consumption Tax Regime for Automobile Sales

The South Korean Ministry of Strategy and Finance June 22 announced the extension to Dec. 31 of the reduced consumption tax regime for automobile sales. The announcement explains: 1) the …

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