Photo=WeMakePrice WeMakePrice, an early pioneer of South Korea’s booming e-commerce sector, is now on the verge of bankruptcy after a Seoul court terminated its corporate rehabilitation process—a dramatic downfall for a company that once helped shape the way Koreans shop online. On September 9, Judge Jeong Jun-young of the Seoul Bankruptcy Court ruled to end the company’s rehabilitation, a restructuring

(Photo=Hyundai Motor) Hyundai Motor, South Korea's largest automaker and a growing global EV player, has unveiled its first compact electric vehicle concept, dubbed "Concept THREE," at the IAA Mobility 2025 show in Munich, Germany. IAA Mobility, Europe's largest mobility trade show, marked Hyundai's return to the event after a four-year absence.  The company installed a 6,243-square-foot open-air booth on Munich's

(Photo=MotionElements) Samsung Electronics, South Korea’s largest technology company and the world’s biggest memory chipmaker, has emerged as the dominant leader in the country’s AI competitiveness rankings, but its global standing remains modest compared to U.S. and Chinese tech giants.  According to new data released by corporate research firm CEO Score, a Seoul-based analytics company that tracks management performance and corporate

Photo=MotionElements E-Cigarettes: South Korean Teens Underestimating Risks Amid Trendy Marketing South Korea is sounding the alarm over how teenagers perceive e-cigarettes, warning that slick marketing is convincing many to see them as safe alternatives rather than tobacco products. A new government-commissioned study found that nearly 40% of surveyed students—from elementary through high school—believe e-cigarettes are either a substitute for traditional

Photo=Chipotle Facebook Chipotle Mexican Grill is finally heading to South Korea. The California-born fast-casual chain announced plans to open its very first Seoul location in the first half of 2026, a long-awaited move that could mark the beginning of a serious push into Asia. The expansion comes through a partnership with SPC Group, one of South Korea’s biggest food conglomerates