SEOUL, Feb. 27 (Korea Bizwire) — China’s state-run duty-free operator, China Duty Free Group Co. (CDFG), has participated in the license bidding at Incheon International Airport, industry sources said Monday. Four South Korean companies — Lotte Hotel, Hotel Shilla, Shinsegae and Hyundai Department Store Duty Free — have also submitted bids for a ten-year license [...]
LEBANON, Mo., Sept. 25 (Korea Bizwire) — With the conclusion of the successful Muscle Car Madness auction, fans of European manufacturers and classic racing are abuzz. The Nobles’ Family Auto Museum has consigned pinnacle models from makers that need no introduction. Ferrari, BMW, Porsche, Rolls Royce, and others abound in Sonicbidder.com’s Auto Exotix Auction, happening Wednesday, [...]
SEOUL, June 13 (Korea Bizwire) — The race to take over eBay Korea, the third-largest e-commerce operator, is expected to come to an end this week, in a deal that will shake up the country’s e-commerce retail segment, retail industry sources said Sunday. According to the sources, two retail behemoths — Shinsegae and Lotte Shopping [...]
SEOUL, June 7 (Korea Bizwire) — South Korean retail giants Shinsegae and Lotte Shopping submitted their bids to take over South Korea’s third largest e-commerce retailer, eBay Korea, a deal that will shake up the country’s e-commerce retail segment, retail industry sources said Monday. According to the sources, the two retail behemoths submitted their letters [...]
SEOUL, June 6 (Korea Bizwire) — Big-name bidders are believed to be carefully weighing how much to offer on the eve of bidding for eBay Korea, South Korea’s no. 3 retail behemoth, as the deal is expected to bring a seismic change to the local retail industry, industry sources said Sunday. Most of the preliminary [...]
SEOUL, Sept. 28 (Korea Bizwire) — Hyundai Heavy Industries Holdings Co. said Monday it has joined the preliminary bidding for Doosan Infracore Co. “This company has submitted its preliminary bid for Doosan Infracore,” the shipbuilding holding company said in a regulatory filing. Hyundai Heavy Industries Holdings formed a consortium with Korea Development Bank Investment, a [...]