South Korean culture

Kakao Pay Files for Initial Public Offering (IPO)

Retrieved on: 
Friday, July 2, 2021

SEOUL, South Korea, July 2, 2021 /PRNewswire/ -- On July 2, Kakao Pay filed its registration statement to the Financial Services Commission (FSC)for an IPO on KOSPI and kicked off its initial public offering schedule.

Key Points: 
  • SEOUL, South Korea, July 2, 2021 /PRNewswire/ -- On July 2, Kakao Pay filed its registration statement to the Financial Services Commission (FSC)for an IPO on KOSPI and kicked off its initial public offering schedule.
  • Kakao Pay plans to offer a total of 17 million shares at an indicative range between 63,000 won to 96,000 won per share.
  • The company is planning to raise up to 1.632 trillion won (upper limit of the price band) through this initial public offering.
  • Kakao Pay has established the foundation of its platform by providing payment-related services like payment, money transfer, membership, e-documents and authentications.

Korean Skincare Brand AXIS-Y Shares 3 ways of business growth in the Year of COVID

Retrieved on: 
Monday, May 31, 2021

SEOUL, South Korea, May 30, 2021 /PRNewswire/ -- AXIS-Y, a Korean skincare brand based out of Seoul shares how and why they managed a successful brand launch throughout the COVID-19 pandemic.

Key Points: 
  • SEOUL, South Korea, May 30, 2021 /PRNewswire/ -- AXIS-Y, a Korean skincare brand based out of Seoul shares how and why they managed a successful brand launch throughout the COVID-19 pandemic.
  • Where did this company come from, and how were they able to build their brand in the midst of a worldwide pandemic?
  • The year 2020 brought many unprecedented challenges for people worldwide, and AXIS-Y's brand mission of emphasizing self-care and community in skincare came at the right time.
  • K-beauty sits at the forefront of the skincare world because of its natural ingredient-focused approach and advanced skincare technology.

Korean Skincare Brand AXIS-Y Shares 3 ways of business growth in the Year of COVID

Retrieved on: 
Monday, May 31, 2021

SEOUL, South Korea, May 31, 2021 /PRNewswire/ -- AXIS-Y, a Korean skincare brand based out of Seoul shares how and why they managed a successful brand launch throughout the COVID-19 pandemic.

Key Points: 
  • SEOUL, South Korea, May 31, 2021 /PRNewswire/ -- AXIS-Y, a Korean skincare brand based out of Seoul shares how and why they managed a successful brand launch throughout the COVID-19 pandemic.
  • Where did this company come from, and how were they able to build their brand in the midst of a worldwide pandemic?
  • The year 2020 brought many unprecedented challenges for people worldwide, and AXIS-Y's brand mission of emphasizing self-care and community in skincare came at the right time.
  • K-beauty sits at the forefront of the skincare world because of its natural ingredient-focused approach and advanced skincare technology.

6th Ulju Mountain Film Festival announced the winners of the competition sector

Retrieved on: 
Friday, March 26, 2021

SEOUL, South Korea, March 26, 2021 /PRNewswire/ -- The Ulju Mountain Film Festival (UMFF Festival Director BAE Chang-ho) announced the winners of the competition sector of the 6th Ulju Mountain Film Festival.

Key Points: 
  • SEOUL, South Korea, March 26, 2021 /PRNewswire/ -- The Ulju Mountain Film Festival (UMFF Festival Director BAE Chang-ho) announced the winners of the competition sector of the 6th Ulju Mountain Film Festival.
  • Despite the short submission period and the slow film production environment due to COVID-19, a total of 463 films from 64 countries were submitted to the 6th Ulju Mountain Film Festival Competition sector.
  • Judges for the International Competition were composed of Banff Centre Mountain Film and Book Festival Director Joanna CROSTON, Wild Flower Film Awards Director Darcy PAQUET, Bucheon International Fantastic Film Festival Programmer MO Eun-young, UAAA Secretary General Christine Kyung-mi PAE, and film critic CHENG Pinhung from Taiwan.
  • It was decided to hold the 6th Ulju Mountain Film Festival in the spring and the scheduled was finalized to span across 10 days from April 2 to 11.

Kakao Chairman Kim Beom-su signs the Giving Pledge, officially pledging to give away half his fortune

Retrieved on: 
Tuesday, March 16, 2021

SEOUL, South Korea, March 15, 2021 /PRNewswire/ --Kim Beom-su, chairman of Kakao, has signed the Giving Pledge, officially pledging to donate more than half of his personal assets to society.

Key Points: 
  • SEOUL, South Korea, March 15, 2021 /PRNewswire/ --Kim Beom-su, chairman of Kakao, has signed the Giving Pledge, officially pledging to donate more than half of his personal assets to society.
  • Kakao announced that Kim became the 220th pledger of the Giving Pledge on March 16.
  • The Giving Pledge is a moral commitment by the world's wealthiest to give the majority of their wealth to charitable causes.
  • Daum Communications, established in 1995, and Kakao, founded in 2006, merged on October 1, 2014 to become Daum Kakao.

transcosmos Korea has been named Kakao's Most Valuable Partner for five consecutive years

Retrieved on: 
Tuesday, March 9, 2021

At the award ceremony, transcosmos Korea has been named one of the Kakao's Most Valuable Partner for five consecutive years.

Key Points: 
  • At the award ceremony, transcosmos Korea has been named one of the Kakao's Most Valuable Partner for five consecutive years.
  • Through its ten years of partnership with Kakao, transcosmos Korea has been offering Kakao customer support services.
  • In 2017, transcosmos Korea was named an official Kakao Talk Customer Service Dealer and since then, it has been offering customer services via Kakao chat service.
  • As a recognized partner, transcosmos Korea will continue to broaden its partnership with Kakao.

NCSOFT Launches K-POP Mobile Entertainment Platform UNIVERSE

Retrieved on: 
Thursday, January 28, 2021

PANGYO, South Korea, Jan. 28, 2021 /PRNewswire/ --NCSOFT, a global premier game developer and publisher, today launched the K-POP entertainment platform, 'UNIVERSE,' in 134 countries.

Key Points: 
  • PANGYO, South Korea, Jan. 28, 2021 /PRNewswire/ --NCSOFT, a global premier game developer and publisher, today launched the K-POP entertainment platform, 'UNIVERSE,' in 134 countries.
  • UNIVERSE is an all-in-one technology platform, which offers different fandom activities on mobile devices to build a stronger connection between artists and fans.
  • A music video of the first UNIVERSE Originals, 'D-D-Dance' by IZ*ONE, is also available exclusively on the UNIVERSE App.
  • NCSOFT West is a division of NCSOFT that holds operating responsibilities for North America, Europe, South America, and Australia/New Zealand.

RouteOne Adds Hyundai Capital America Finance and Insurance Products to their eContracting Platform

Retrieved on: 
Tuesday, January 26, 2021

FARMINGTON HILLS, Mich., Jan. 25, 2021 /PRNewswire-PRWeb/ --RouteOne announces that Hyundai Capital America is now an available eContracting finance source for Hyundai, Kia, and Genesis dealers utilizing the RouteOne platform.

Key Points: 
  • FARMINGTON HILLS, Mich., Jan. 25, 2021 /PRNewswire-PRWeb/ --RouteOne announces that Hyundai Capital America is now an available eContracting finance source for Hyundai, Kia, and Genesis dealers utilizing the RouteOne platform.
  • Through RouteOne eContracting, dealers can include finance and insurance products from Hyundai Motor Finance, Kia Motors Finance, Genesis Finance, Hyundai Protection Plan, Genesis Protection Plan, and Power Protect in a single, secure eSigning ceremony.
  • "RouteOne is pleased to bring Hyundai, Kia, and Genesis brands the ease and convenience of eContracting with Hyundai Capital America through the RouteOne portal," stated Jeff Belanger, Senior Vice President, Business Development.
  • Headquartered in Irvine, CA, Hyundai Capital America (HCA) is a top-10 U.S. auto finance company supporting the financial service needs of Hyundai Motor America, Genesis Motor America, and Kia Motors America.

Hyundai to Expand Electrified, Eco-focused Line-up to Ten Models in 2022

Retrieved on: 
Wednesday, November 11, 2020

Product details for these Hyundai models have a steady roll out cadence throughout the 2021/2022 timeframe.

Key Points: 
  • Product details for these Hyundai models have a steady roll out cadence throughout the 2021/2022 timeframe.
  • Hyundai Complimentary Maintenance is the latest addition to the Hyundai Assurance program, which promises to create a better experience for shoppers and owners of Hyundai vehicles.
  • Hyundai vehicles are sold and serviced through more than 820 dealerships nationwide and nearly half of those sold in the U.S. are built at Hyundai Motor Manufacturing Alabama.
  • Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

d'Alba Waterfull Mild Sun Cream received a special Editor's Pick award in Allure Korea's 'Best of Beauty' category

Retrieved on: 
Wednesday, September 9, 2020

SEOUL, South Korea, Sept. 9, 2020 /PRNewswire/ -- Waterfull Mild Sun Cream from premium Korean beauty brand d'Alba, loved for its trendy packaging and high-quality skincare, received the Editor's Pick award in the 'Best of Beauty' category by Allure, a renowned Korean beauty magazine.

Key Points: 
  • SEOUL, South Korea, Sept. 9, 2020 /PRNewswire/ -- Waterfull Mild Sun Cream from premium Korean beauty brand d'Alba, loved for its trendy packaging and high-quality skincare, received the Editor's Pick award in the 'Best of Beauty' category by Allure, a renowned Korean beauty magazine.
  • d'Alba Waterfull Mild Sun Cream, best sun cream picked by Korean editors
    d'Alba is a premium Korean-Italian beauty brand founded by Korean beauty experts, offering high-quality products made from the finest ingredients found in Alba, Italy.
  • The brand is loved by beauty enthusiasts worldwide and remains at the top of the K-beauty skincare category.
  • d'Alba Mild Sun Cream, the Editor's Pick winner at this year's event, has passed the skin irritation test and is therefore suitable for sensitive skin.