Korea Joongang Daily
Korea JoongAng Daily

Jollibee Foods acquires Korean hot pot chain operator All Day Fresh for $88 million

Jollibee Foods, the leading fast food chain operator in the Philippines, said on Monday that it has acquired a 100 percent stake in All Day Fresh, the operator of the Korean hot pot chain Shabu All Day.

2026-04-20

Kospi opens at fresh high above 5,600

Korean bourse Kospi flew past the 5,600 mark on Thursday after a 5-day break over the Lunar New Year holidays, amid a bullish Wall Street market that rode high on AI stocks on Wednesday.

2026-02-19

Naver, Kurly launch 'premium' online grocery service Kurly N Mart

Naver and Kurly launched an online grocery service, Kurly N Mart, on Thursday as they move to expand their presence in fresh food delivery and challenge Coupang’s dominance in the sector.

2025-09-05

Coupang fresh food scammer dodges slammer

A woman in her 20s who placed over 1,500 orders with a fresh food delivery service only to fraudulently return them and pocket the refunded money has been sentenced to prison time.

2025-03-03

Go rural, get ratings: Korea's latest obsession with watching celebrities try countryside life

The "choncance" trend, focusing on rural life, has gained popularity on Korean TV, with shows like "I Live Alone" featuring episodes with guests heading to the countryside to try various challenges.

2024-07-29

Fresh produce prices in Korea continue to rise

Sales of fresh produce are on the rise at retailers in Korea as the cost of dining out continues to grow. Fresh produce sales at Lotte Mart rose on year by 10 percent, and at Emart by 6 percent in the first quarter of this year

2024-04-11

Cracking deals

Fresh eggs are available at cashierless egg stores. Egg prices rose by around 14 percent over a month after the outbreak of a highly pathogenic avian influenza (AI). The eggs sold at cashierless stores are cheaper due to the cut in labor costs.

2024-01-15

Fruit fighters

The government will exempt or lower tariffs for 21 types of fruit including bananas, pineapples and avocados to combat skyrocketing fruit prices, according to the Ministry of Economy and Finance on Thursday.

2024-01-04

Korea aims to build cold chain logistics center in Rotterdam by 2027

Korea aims to build a cold chain logistics center in the Dutch port city of Rotterdam by 2027 to better export refrigerated and frozen food, the presidential office said.

2023-12-12

Pulmuone to make noodles fresh in California with new production line

Korean fresh food company Pulmuone added a new noodle production line at its plant in Gilroy, California, achieving an annual production capacity of 24 million packs of fresh noodles.

2023-11-15