rivalry Archives | Be Korea-savvy
Kakao Surpasses Naver to Become S. Korea’s 3rd Most Valuable Firm

Kakao Surpasses Naver to Become S. Korea’s 3rd Most Valuable Firm

SEOUL, June 15 (Korea Bizwire) — Kakao Corp. has an insatiable appetite for platform businesses, spanning messenger, e-commerce, mobility, content and finance, and now it has earned another title: South Korea’s third-most valuable company. The nation’s dominant mobile messenger operator rapidly expanded its presence in the nation’s tech sector with a wide range of platform [...]

LG Beats Samsung in Home Appliance Profit Margin for First Half

LG Beats Samsung in Home Appliance Profit Margin for First Half

SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. profited more for every home appliance sold in the first half of 2018 compared with its bigger rival Samsung Electronics Co., industry data showed Friday. Samsung Electronics posted sales of 20.1 trillion won (US$17.8 billion) over the January-June period for the home appliances segment, above LG [...]