CJ America News

CJ LiveCity had a groundbreaking ceremony for its ‘CJ LiveCity Arena’, Korea’s first and largest-scale arena, dedicated to K-Pop. In the ceremony, the company announced its vision to develop the City into a ‘Live K-Content Experience Districts’ that offer the vivid experience of K-Content, becoming a global destination for the 100 million fans all around the world.

CJ Group Chief Digital Officer and CJ OliveNetworks CEO Cha In-hyok, noting his company as among those accumulating trials and experiments, shared the story of how he took the retail-to-entertainment conglomerate on its digital journey. Speaking at the Korea Herald Biz Forum held Tuesday at the Shilla Seoul, the executive first focused on big tech companies such as Google, Facebook and Amazon.

The festival, which was first held in 2013, is presented by the Korean Cultural Center Indonesia under the Embassy of the Republic of Korea in Indonesia as well as CGV Cinemas, bringing select Korean and Indonesian films that promote the cultures of both countries. This year’s theme is “adapting and moving forward together,” with screenings held online on streaming platform Vidio and offline at CGV studios in Jakarta and Bandung.

CJ Logistics revealed a grand plan to digitally transform the traditional human labor-based company into an integrated logistics technology service company that utilizes artificial intelligence and big data. Through a company vision showcase event held on October 21, CJ Logistics said that the company will lead innovation in the logistics market by adopting technologies based on robotics, artificial intelligence (AI), and big data.

Global golf stars have fallen in love with Korean-style dumplings of Bibigo at this year’s The CJ Cup golf tournament held at The Summit Club in Las Vegas. South Korean food giant CJ CheilJedang Corp.’s Bibigo brand has served as the main sponsor of The CJ Cup for 5 years and signed a partnership deal with LA Lakers last month to become its corporate sponsor. Thanks to The CJ Cup, Bibigo has become the No.1 instant dumpling seller in the U.S., with its sales more than tripling against 2017 when the first tournament was held.

The CJ CUP @ SUMMIT at the Summit Club in Las Vegas finished Sunday, with Rory McIlroy of Ireland taking the trophy and Im Sung-jae becoming the only Korean golfer to finish in the top 10. The CJ Cup is not just known for its competitive field, but also for its Korean cuisine experience event. As the official sponsor for the tournament, CJ arranged for golfers to taste its Bibigo brand of dumplings and spicy gochujang sauces on Wednesday, during the practice round.

The global craze over “Squid Game,” Netflix’s original Korean drama series, is adding momentum to the fast-growing South Korean media and entertainment market. Tving, the country’s leading streaming service provider run by entertainment and media firm CJ ENM, recently set out to lure investments from private equity funds at home and abroad. Tving plans to sell its new shares worth 300 billion won ($255.4 million). The envisioned investments would drive up its corporate value to a maximum of 2 trillion won.

According to FlixPatrol, a website that provides global rankings for shows on Netflix, Hometown Cha-Cha-Cha, has reached #8 on its global chart. With Squid Game being #1, two Korean shows have made the chart simultaneously. The drama, which stars Shin Min-ah and Kim Seon-ho, is a feel-good romance that began airing in August. Hometown Cha-Cha-Cha is so popular that viewers have taken to visiting the seaside village of Pohang, the location for the fictional village of Gongjin, where the story is set.

Mnet will be releasing a documentary to show the history of “Mnet Asian Music Awards” (MAMA), one of the major and highly-anticipated awards ceremonies in the world of K-pop. MAMA, which is presented annually by the entertainment agency CJ E&M, was first held in 1999 in Seoul and was broadcast exclusively on Mnet. On Oct. 6, Mnet shared a teaser video to announce the release of their documentary, which will be titled “MAMA: THE ORIGINAL K-POP AWARDS.”

CJ BIO is helping plant-based food manufacturers meet demand for clean labeling and natural ingredients with FlavorNrich, which it calls the “world’s first natural cysteine.” Cysteine is an essential ingredient for creating a meat-like flavor in animal-free products. One of 20 amino acids, it is a key precursor for creating a savory flavor through the Maillard reaction. FlavorNrich may be used to create meat-like flavors in a range of plant-based alternatives as well as broths, sauces and other animal-free applications.