{
}
Kakao founder Kim Beom-su has resigned as co-chair of the Corporate Alignment Council due to health issues, leaving CEO Chung Shin-a as the sole chair. Despite stepping down, Kim will continue to lead Kakao’s Future Initiative Center amid ongoing legal investigations related to stock price manipulation. The company is also spinning off its web portal unit, Daum, into a standalone entity for improved decision-making.
Kakao founder Kim Beom-su has resigned as co-chair of the Corporate Alignment Council due to health issues, leaving CEO Chung Shin-a as the sole chair. Despite stepping down, Kim will continue to lead Kakao’s Future Initiative Center amid ongoing legal investigations related to alleged stock price manipulation. The company is also spinning off its web portal unit, Daum, into a standalone entity for more agile decision-making.
Naver has launched the Naver Plus Store, an AI-powered ecommerce app, to compete with Coupang in South Korea. The app offers personalized shopping recommendations and partners with logistics providers for flexible delivery options, but relies on third-party sellers, which may affect its competitiveness. Despite having a larger user base, Naver trails in paid memberships compared to Coupang.
Naver has launched the Naver Plus Store, an AI-powered ecommerce app, to compete with Coupang in South Korea. The app offers personalized shopping recommendations and partners with logistics providers for flexible delivery options, but relies on third-party sellers, which may affect its competitiveness. Despite having a larger user base, Naver trails in paid memberships compared to Coupang.
Samsung Electronics faces mounting challenges in the foundry market as TSMC considers a partnership with Nvidia, AMD, and Broadcom to manage Intel's semiconductor facilities. This potential collaboration could intensify competition, further eroding Samsung's market share, which has dropped to 8.1% compared to TSMC's 67.1%. With an operating loss exceeding 2 trillion won in its foundry division, Samsung struggles to attract clients, particularly as demand for AI chips rises.
Samsung Electronics faces mounting challenges in the foundry market as TSMC considers a joint venture with Nvidia, AMD, and Broadcom to manage Intel’s semiconductor facilities. This partnership could intensify competition, further eroding Samsung's market share, which has fallen to 8.1% compared to TSMC's 67.1%. With an operating loss exceeding 2 trillion won in its foundry division, Samsung struggles to attract clients, particularly as demand for AI chips rises.
South Korea's Financial Services Commission (FSC) is set to release guidelines for institutional cryptocurrency investments by Q3 2025, marking a regulatory shift. Initial guidelines for non-profits and crypto exchanges will be available in April, followed by those for public companies and professional investors later. The FSC emphasizes the need for enhanced anti-money laundering and cybersecurity measures while developing a second phase of its crypto regulatory framework focused on stablecoins and business regulations.
South Korea's Financial Services Commission (FSC) is set to release guidelines for institutional cryptocurrency investments by Q3 2025, marking a regulatory shift. Initial guidelines for non-profits and crypto exchanges will be available in April, followed by those for public companies and professional investors later. The FSC emphasizes the need for enhanced anti-money laundering and cybersecurity measures while developing a broader regulatory framework focusing on stablecoins and crypto businesses.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
KOR
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Kakao founder resigns from leadership role amid health and legal issues
04:30 14.03.2025
Kakao founder resigns from leadership role amid health and legal issues
04:30 14.03.2025
Naver launches AI ecommerce app to challenge Coupang's market dominance
04:15 14.03.2025
Naver launches AI ecommerce app to challenge Coupang's market dominance
04:15 14.03.2025
Samsung faces challenges as TSMC considers Intel foundry partnership
03:45 14.03.2025
Samsung faces challenges as TSMC considers Intel foundry partnership
United States Dollar
AMD/BRX
Samsung Electronics Co., Ltd.
Qualcomm Inc
Tesmec S.p.A.
NVIDIA Corporation
Broadcom Inc.
USA
TWN
KOR
Show more
03:45 14.03.2025
South Korea to introduce institutional cryptocurrency investment guidelines by 2025
05:20 13.03.2025
South Korea to introduce institutional cryptocurrency investment guidelines by 2025
05:20 13.03.2025
Ewa startups face challenges as consolidation trends emerge in Southeast Asia
02:00 13.03.2025
Ewa startups face challenges as consolidation trends emerge in Southeast Asia
02:00 13.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Central Bank Actions
GDP Growth & Recession Forecasts
CEO Changes
Global Trade Developments
Financial Scams and Security
Industry Mergers & Acquisitions
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Domestic Politics
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Barclays PLC
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Strategic Income I
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Swiss Re AG
Beazley plc
UBS AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Canadian Dollar
Australian Dollar
United Arab Emirates Dirham
Saudi Riyal
Danish Krone
Offshore Chinese Yuan
Hong Kong Dollar
Mexican Peso
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Vietnamese Đồng
People: