Apple to add new payment systems - Fintech
Apple is set to add alternative payment support for its App Store in SK, following a new law that bans app marketplaces from forcing their own payment systems.
SsangYong Motor sold for $255m - Stock
A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire the debt-laden SsangYong Motor Co Ltd for 305 billion won ($254.65 million).
SoftBank invests in Qraft Technologies - Funding
With this investment, the two parties will embark on projects that aim to pursue the possibilities of developing AI-enabled public portfolio management systems for SoftBank.
Green Labs scores $142m - Funding
The company said more than 500,000 domestic farms use its services through the “Farm Morning Smart Farm” app.
Ministop pulls out of SK - Retail
Japanese convenience store Ministop is pulling out of SK and will instead focus on its home market, it will also sell its business to local conglomerate Lotte for around $267M.