South Korea’s Kakao unveils ‘stock as gift’ service
The company will allow people to buy stocks as gifts, and also open a stock trading service in KakaoTalk, letting users share their investment portfolios with friends and family.
Corporate Buzz
Chinese battery giant dominates global EV battery market
In the first two months of 2022, Chinese battery maker Contemporary Amperex Technology provided 18.4 GWh of total EV battery installation worldwide, representing a 34.4% market…
Thai Airways doubles cargo flights to China and India as fruit demand rises
The national carrier said that shipments in March and April will total to 126 flights via Airbus A350s and Boeing 777s.
China’s holiday goers opt to spend vacations closer to home
The trend was fueled by recent confirmed cases of Covid-19 in a number of cities and strict pandemic prevention and control measures.
65% of Korea’s Millennials, Gen Z choose ethical consumption over price: Survey
Respondents chose Samsung, SK, LG, Ottogi, Yuhan-Kimberly, Pulmuone and Hyundai Motor as among the top environment-social-governance-conscious companies.
43% of Japanese firms have suspended operations in Russia: Survey
The survey findings also indicated that many companies were struggling to deal with the situation.
GoTo to raise $1.1b after finalizing IPO at top end of price range
GoTo is backed by the likes of SoftBank Group Corp, Alibaba Group and Singapore sovereign wealth fund GIC.
Major layoffs seen in China’s internet companies
Experts say tech heavyweights are adjusting development strategies with an emphasis on long-term, sustainable growth.
Analysts in high spirits on baijiu giant’s digital move
China's iconic high-end spirits maker Kweichow Moutai Co announced that it will launch its official digital sales platform.
With first kimchi factory in US, Daesang gears up for global expansion
The factory can produce 2,000 metric tons of kimchi annually, with plans to scale up food sales to as much as 100 billion won.