Will Kakao’s first female CEO survive ‘glass cliff’?
Industry watchers are paying keen attention to how crucial a role the company's first-ever female leader will play in raising the stakes.
Corporate Buzz
Indonesian ministry reprimands TikTok over newly reopened TikTok Shop
The ministry says it found “no significant changes” in TikTok Shop after the feature’s relaunch following TikTok’s collaboration with local e-commerce platform Tokopedia.
Kakao names new chief in push for radical reform
Kakao praised Chung Shin-a’s expertise and experience in the IT sector, as well as her comprehensive understanding of the conflicts and hardships that the company faced in its…
TikTok marks e-commerce return with $1.5 billion deal to acquire Tokopedia
The move comes just two months after the government imposed a new regulation that forced the video platform to stop transactions on its e-commerce app, TikTok Shop.
China’s Alipay+ posts whopping 700% growth in Korea this year
Alipay+ is the global payment and marketing solution of Ant Group, also the operator of the world's largest mobile payment platform Alipay.
Renault Korea prepares for major changes from 2024
As for the consensus among major global automakers to move toward all-electric vehicles soon, the CEO pointed out that hybrids will still be a huge part of the auto market even…
After roller-coaster year for K-pop stocks, what to expect next year?
The K-pop industry is going through a transitional period, in which it strives to go beyond its achievements to truly enter the mainstream and become a sustainably growing market.
AliExpress vows to invest 10 billion won to root out fake goods in Korea
The announcement comes amid ongoing consumer complaints about counterfeit goods purchased through the platform since its official debut in South Korea in 2018.
Chinese stars help Disney’s Wish come to life
The movie's Mandarin version features Yu Shi, who recently gained popularity for his role in the Golden Rooster best film winner, Creation of the Gods I: Kingdom of Storms.
Top 10 most comprehensive internet enterprises in China
The selection of the list is mainly based on a number of indicators such as business conditions, performance growth, innovation ability, growth, influence and so on.