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General News

Coupang to donate up to 180,000 clothing items by end of month through customer matching campaign

Coupang will run a matching campaign through the end of this month, donating clothing to vulnerable groups in line with the number of fashion items customers buy. The company plans to provide up to 180,000 items, including shoes, bags, children’s clothing and general apparel, to Good Neighbors. All donated items are new, with more than 50,000 children’s items included. Donations will be delivered to disadvantaged children and vulnerable groups at home and abroad.

Telecommunications & Media

LG Uplus supports children with intractable diseases through employee donations

LG Uplus said it will donate 5 million won raised through its employee giving programme, \"One Thousand Won Love\", to support a child with a disability who is battling an intractable disease. The programme, launched in 2019, lets employees donate at least 1,000 won a month through payroll deductions. The donation was made with nonprofit Make-A-Wish Korea, and an employee representative will also join volunteer activities.

Industry

Samsung family completes 12 trillion won inheritance tax payment for Lee Kun-hee

The Samsung family has completed payment of 12 trillion won in inheritance tax on the estate of the late former chairman Lee Kun-hee over five years, finishing six installments, heirs said on Saturday. The amount is about 50 percent more than South Korea’s 2024 inheritance tax revenue of 8.2 trillion won and is the largest such payment since the country’s founding. The estate included stakes in affiliates and real estate.