The Korea Herald

Convenience store chain CU opens 1st outlet in Malaysia

Apr 1, 2021

CU has opened its first outlet in Malaysia as part of its overseas push, the operator of South Korea's top convenience store chain said Thursday. The 165-square-meter outlet started operations at a ...
Coway wins global nod for ESG, corporate transparency

Mar 30, 2021

Coway, a South Korean home appliances rental firm, has been honored at this year’s Business Integrity Society summit for its continuous commitment to a framework for environmental, social and governa...
Fila stays silent after Chinese unit vows to continue using Xinjiang cotton

Mar 30, 2021

Major shoe brand refuses to chime in on ongoing human rights issue involving its supply chain
Family, business community mourn late Nongshim Group chairman

Mar 28, 2021

Founder of instant noodle giant Nongshim Group dies at age 92
Shinsegae Department Store’s fruit subscription service proves popular

Mar 25, 2021

Shinsegae Department Store’s fruit subscription service is enjoying a surge in popularity as the number of subscribers jumped threefold in 10 months. The service, which began at the retailer‘s Gangn...
Pulmuone aims to challenge Beyond Meat, Impossible Foods in plant-based food

Mar 24, 2021

To differentiate and gain a competitive edge among global plant-based meat manufacturing companies such as Impossible Foods and Beyond Meat, Pulmuone said it will launch new products in various categ...
Nongshim rakes in W2tr in ramen sales

Mar 24, 2021

Instant noodles gets boost on the back of the pandemic and ‘Ram-don’ phenomenon
Gmarket app completely renewed for more intuitive usage

Mar 23, 2021

Gmarket’s mobile app has undergone a complete reform to be more intuitive and easier to use, eBay Korea, the company behind the online marketplace, said Tuesday. According to the e-commerce platform...
Courier services used once every four days in 2020

Mar 21, 2021

South Korea’s parcel market reached 7.49 trillion won in sales last year
Coupang announces early stock lockup agreement release; employees allowed to sell stocks

Mar 19, 2021

About a week into its debut on the New York Stock Exchange, Coupang is allowing some of its workers to sell their shares. Coupang announced an early stock lockup agreement release for about 34 milli...
Samyang Foods tops W600b in sales in 2020, setting record

Mar 19, 2021

Samyang Foods achieved record sales of 648.5 billion won ($572 million) and an operating profit of 95.3 billion won in 2020 despite the COVID-19 pandemic, the South Korean food company said Friday. ...
OB releases series of new beers to maintain edge

Mar 18, 2021

OB to bank on All New Cass, Hanmac, Cass Zero for market lead
CU launches beer subscription service

Mar 18, 2021

CU is launching a beer subscription service to target the increasing number of people enjoying imbibing alone and at home, the convenience store chain operator said Thursday. BGF Retail, the firm be...
More cosmetics firms adopt eco-friendly packaging

Mar 18, 2021

Amorepacific, Olive Young lead efforts to go green by reducing waste
[News Focus] Four-way race for E-bay Korea acquisition

Mar 17, 2021

Coupang’s IPO, Naver and Shinsegae’s stock swap deal are latest examples of structural shift in Korea’s e-commerce market