South Korea

Kakao opposes US ADR listing plan involving TPG’s Kakao Mobility stake

South Korea's Kakao has opposed a proposed US ADR listing involving shares in Kakao Mobility held by private equity firm TPG.

Kakao Pay, Kakao Bank and Fireblocks to explore digital asset infrastructure in Korea

Kakao Pay and Kakao Bank have signed an MoU with Fireblocks to explore digital asset infrastructure in South Korea, including stablecoin distribution frameworks and proof-of-concept tests.

Malaysia’s Wellous, Korea Ginseng Corporation ink partnership to drive health, wellness growth in Asia

Wellous said the collaboration covers consumer insight-sharing for target markets, co-development of new business approaches, brand reputation building, as well as authorised sales and promotion of Jung Kwan Jang products by Wellous in designated countries.