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CJ to Step up Global Expansion Through M&A

SEOUL, Jan. 6 (Korea Bizwire) – CJ Group, South Korea’s leading food and entertainment conglomerate, will step up its global expansion through mergers and acquisitions (M&A) in the bio and logistics business to foster new growth drivers, company officials said Wednesday. CJ has been grappling with stagnant growth after its chairman Lee Jay-hyun’s indictment on [...]

After 20 Years, S.M. Entertainment to Expand Overseas Base

SEOUL, Dec. 7 (Korea Bizwire) – S.M. Entertainment will continue to tighten its stranglehold on overseas markets, as it celebrates its 20th anniversary this year, its CEO said Monday. Kim Young-min, who took the helm after founder Lee Soo-man relinquished the post in 2005, attributed the agency’s success to its pioneering spirit. “S.M. is what [...]