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Coupang Posts Record $34.5 Billion in Revenue for 2025, but Fourth-Quarter Profit Slumps

Coupang Posts Record $34.5 Billion in Revenue for 2025, but Fourth-Quarter Profit Slumps

Photo=Coupang Coupang Inc. reported record annual results on February 27, posting $34.53 billion in revenue for 2025, up 14% from $30.27 billion a year earlier, according to a filing with the U.S. Securities and Exchange Commission. Annual operating income rose 8% to $473 million, marking the third consecutive year above $400 million. Net income climbed to $214 million, more than

Feb 28 2026
11:00 AM PST
Beauty by Ingestion: As Proof Becomes Paramount, CJ CheilJedang Bets on Clinical Data

Beauty by Ingestion: As Proof Becomes Paramount, CJ CheilJedang Bets on Clinical Data

(Photo=CJ CheilJedang) The idea that beauty can be maintained from within—through what consumers eat and drink—has moved from niche wellness circles into the U.S. mainstream. Capsules, powders and functional beverages promising skin benefits have proliferated, but so has skepticism. Retailers and regulators are increasingly demanding hard evidence to support claims long driven by marketing. That shift is reshaping competition in

Feb 26 2026
11:11 PM PST
South Korea’s Startup Slump Masks Shift Toward Tech-Driven Economy

South Korea’s Startup Slump Masks Shift Toward Tech-Driven Economy

Photo=Motionelements South Korea’s startup formation is shrinking overall, but beneath the headline decline a structural shift is taking shape—one that is steadily tilting the country’s entrepreneurial landscape toward technology-driven sectors. Data released by the Ministry of SMEs and Startups show that 1.14 million new businesses were established in 2025, down 4.0% from a year earlier and marking the fifth consecutive

Feb 26 2026
11:00 AM PST
Hanmi Pharmaceutical Moves to Acquire Aptose, Expanding Korean Drugmaker’s U.S. Oncology Footprint

Hanmi Pharmaceutical Moves to Acquire Aptose, Expanding Korean Drugmaker’s U.S. Oncology Footprint

(Photo=Hanmi Pharmceutical) A takeover agreement between Hanmi Pharmaceutical and Aptose Biosciences is drawing attention in U.S. biotech circles, as a mid-sized South Korean drugmaker moves to secure a direct operating base in North America’s cancer drug market. Hanmi Pharmaceutical, founded in 1973 and one of South Korea’s leading research-driven pharmaceutical companies, has built its global presence largely through licensing deals

Feb 25 2026
08:46 PM PST
Hyundai Motor to Add Car-Rental Business, Supply Vehicles Directly for Subscription Service

Hyundai Motor to Add Car-Rental Business, Supply Vehicles Directly for Subscription Service

Photo=Hyundai Motor Company Hyundai Motor Company is moving to formally enter the car-rental business as it upgrades its vehicle-subscription platform and expands further into mobility services. The company plans to seek shareholder approval on March 26 (local time) to add “automobile rental business” to its corporate objectives at its annual general meeting. The move would allow Hyundai to directly provide

Feb 25 2026
08:26 PM PST