Page 24 - Future Unicorns News Today

Graphics　by　Jerry　Lee South Korea’s portal giant Naver Corp. will acquire Wattpad, the worlds largest web novel platform based in Toronto, for 653.2 billion won ($593 million) in a move to beef up storytelling content for its entertainment operations. The deal is seen as part of Navers strategy to secure a leading position in the global content market. Naver announced on Jan. 20 that it has decided to acquire a 100% stake in Wattpad, which will mark the companys largest-ever investment ...

Netflix original series Kingdom was a global hit, driving K-zombie hype across the US and Europe. Korean content providers shares are emerging as some of the

Netflix　original　drama　Kingdom　was　a　global　hit,　driving　K-zombie　hype　across　the　US　and　Europe. Global streaming giant Netflix Inc. has become a leading platform in South Korea, boasting around 4.1 million paid subscribers and earning over 500 billion won ($453 million) in 2020, up 108% from the previous year, as the company is marking all-time highs for both its number of subscribers and subscription fees. On Jan. 19, app and retail data provider Wiseapp reported...

Naver Corp., South Korea’s top online portal, is interested in buying Jeju Bank, named for and based on the countrys largest island, to secure a bankin

South Korea-based Hyundai Steel Co. received around 2 trillion won ($1.9 billion) worth of orders in Mondays bookbuilding for its green bond issue, the compa

An aircraft engine part manufactured by Hanwha Aerospace Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has been certified to conduct

Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the intensifying global consumer

Kia rebrands it as a provider of future mobility solutions. Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise m

Logos of Baemin (at left) and Yogiyo (at right). To buy Baemin, Delivery Hero was told to sell Yogiyo. Food delivery giant Delivery Hero SE is facing some time

South Korea’s largest steelmaker POSCOs commitment to innovation and growth has been well demonstrated this year, as it wraps up acquisition of a stake