Hyunsu Yim
Stories by Hyunsu Yim
Korea’s Naver says exploring options including stake sale in Line operator
Naver holds an equal stake with SoftBank in a JV that controls the messaging app.
South Korea to act following reports of Japan pressuring Naver to divest stake in LY Corp
Kyodo had reported that SoftBank was in talks to buy shares of LY Corp after guidance from Japan's government.
Hyundai raises EV investment to $28b, to reduce China operations
It also raised its EV sales target to 2 million units by 2030 from 1.87 million.
Hyundai Motor to build EV battery joint venture with LG Energy Solution
Construction of the factory in the state of Georgia will begin in the second half of 2023
South Koreans tap cash-giving apps to help offset rising living costs
As many as three in four adults earn cash through such applications, a recent survey shows.
Korean music label HYBE seeks US deals after withdrawing bid for SM Entertainment
"We will announce a substantial number of acquisitions and investments this year."
Kakao wins takeover battle for SM Entertainment as HYBE drops bid
HYBE said it dropped the bid as the price to acquire SM exceeded a fair range.
South Korea’s Kakao launches $962m offer to buy up to 35% in SM Entertainment
A court has blocked the company's bid to acquire a 9% stake in SM in a deal announced last month.
HYBE’s attempted take over of South Korea’s SM Entertainment likely to drag on
HYBE became the largest shareholder of SM after acquiring a 14.8% stake this month.
Regulator watches as Kakao, HYBE battle for tie-up with SM Entertainment
HYBE has already agreed to buy 14.8% of SM's shares from SM founder Lee Soo-man.
