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Amazon Ventures Into South Korea’s Renewable Landscape with First Solar Power Investment

Amazon Ventures Into South Korea’s Renewable Landscape with First Solar Power Investment

SEOUL, Dec. 15 (Korea Bizwire) – Amazon has initiated its inaugural foray into renewable energy investments in South Korea. The company revealed on Thursday that it has committed funding to a venture aimed at constructing a 60-megawatt (MW) solar power facility in the southwestern region of South Korea. The specific investment amount and plant location were [...]

Mr. Tortilla Takes Top Tortilla Spot on Amazon, Growing 3,000%, and is Now Looking for Growth Partners

Mr. Tortilla Takes Top Tortilla Spot on Amazon, Growing 3,000%, and is Now Looking for Growth Partners

SAN FERNANDO, Calif., July 14 (Korea Bizwire) — Mr. Tortilla is now one of the fastest-growing companies in Southern California. After developing an e-commerce business from scratch, Mr. Tortilla grew 3,000% in 2021 to become Amazon’s top-selling tortilla brand. Under normal brick-and-mortar retail conditions, this spectacular business growth wouldn’t be possible, but Mr. Tortilla proves that the [...]

Celltrion’s COVID-19 Self-test Kit Available on Amazon

Celltrion’s COVID-19 Self-test Kit Available on Amazon

SEOUL, Jan. 6 (Korea Bizwire) — South Korean biopharmaceutical company Celltrion Inc. said Thursday that its self-diagnostic kit for COVID-19 is available for purchase on global retailer Amazon. Celltrion DiaTrust COVID-19 Ag Home Test, co-developed by local health care business Humasis, received the U.S. Food and Drug Administration’s Emergency Use Authorization approval last year. The [...]

SK Telecom Chief Hints at Cooperation with Amazon in Video Streaming

SK Telecom Chief Hints at Cooperation with Amazon in Video Streaming

SEOUL, April 21 (Korea Bizwire) — The chief of SK Telecom Co. said Wednesday the wireless carrier will likely work with Amazon.com Inc. in video streaming services as the country’s leading mobile carrier seeks to grow efforts to boost its non-mobile businesses. SK Telecom currently holds a major stake in local video streaming service operator [...]

Hyosung Advanced Materials to Supply Airbags for Amazon’s Self-driving Vehicle

Hyosung Advanced Materials to Supply Airbags for Amazon’s Self-driving Vehicle

SEOUL, March 17 (Korea Bizwire) — Hyosung Advanced Materials Corp. a carbon fiber business unit of South Korean textile and chemical conglomerate Hyosung Group, said Tuesday that it will supply airbags for Robotaxi, a completely autonomous vehicle developed by Amazon. Hyosung Advanced Materials’ subsidiary and a airbag manufacturer Global Safety Textiles GmbH signed a contract [...]

Amazon Joins Hands with 11st to Enter South Korean Market

Amazon Joins Hands with 11st to Enter South Korean Market

SEOUL, Nov. 17 (Korea Bizwire) — A recent business deal between the U.S. e-commerce giant Amazon.com, Inc. and a local e-commerce platform 11Street Co. is likely to make waves in the domestic online shopping industry. SK Telecom Co., South Korea’s largest mobile carrier and the parent company of 11st, officially announced its plan to join hands [...]