Monday, June 19, 2023

Fifty Fifty longest K-pop girl group

 Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100


K-pop

Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

They broke the record set by Blackpink three years ago with 'Ice Cream'

By  May 24, 2023 (Gmt+09:00)

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Fifty Fifty longest K-pop girl group to stay on Billboard Hot 100

Fifty Fifty has stayed on the US Billboard Hot 100 for nine consecutive weeks, setting a new record for the longest stay by a K-pop girl group.

According to the latest chart released on Tuesday, the group's hit "Cupid" dropped one spot from the previous week to No. 18 on the Hot 100.

The previous record for the longest stay for a K-pop girl group was eight weeks, achieved by Blackpink in 2020 with "Ice Cream," a collaboration with Selena Gomez.

Cupid peaked at No. 1 on Billboard's Global (excluding the US), up one spot from the previous week.

It is the third time a K-pop group has topped this chart, following BTS and Blackpink.


"Fifty Fifty became the first girl group in the world to debut at No. 1 on this chart," said agency Attrakt. On the Global 200, they ranked second, up one spot from the previous week.

BTS' Suga's first official solo album, "D-DAY," debuted at No. 51 on the Billboard 200, the Billboard's main album chart, for the fourth consecutive week.

Write to Si-Ook Ahn at siook95@hankyung.com
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    acquires Vietnam's 9th

     DB Insurance acquires Vietnam's 9th largest insurance company

    Insurance

    DB Insurance acquires Vietnam's 9th largest insurance company

    The company aims to enhance local competitiveness by taking over a 75% stake in BSH, the third Vietnamese insurer to acquire

    By  Jun 16, 2023 (Gmt+09:00)

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    DB Insurance acquires Vietnam's 9th largest insurance company

    DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi Insurance Corporation (BSH), which holds the 9th largest market share in the Vietnamese property and casualty (P&C) insurance market.

    BSH, which is based in Hanoi, was established in 2008. As of 2022, it held a market share of 4.5%, ranking 9th among 32 P&C insurance companies.

    In 2015, DB Insurance acquired a 37.32% stake in the Post and Telecommunication Joint Stock Insurance Corporation (PTI), which ranked fifth in market share in the P&C insurance market, growing it to the current third place in terms of market share.

    Also, to beef up its business foundation in Vietnam, it signed a deal in February this year to acquire a 75% stake in Vietnam National Aviation Insurance (VNI), which ranks 10th in market share.

    Through the latest contract with BSH, the Korean company has been able to expand its business capabilities through three P&C insurance companies in Vietnam.


    DB Insurance acquires Vietnam's 9th largest insurance company

    DB Insurance continues to explore global growth strategies to overcome the limits of domestic insurance market growth due to population decline and market saturation. In particular, considering Vietnam's high economic growth potential, young demography, external openness and access to neighboring countries in Southeast Asia, the company determined that Vietnam is a priority market in the region and decided to further strengthen its business foundation in the country's insurance market.

    "We will complete the acquisition process, including domestic and international approvals, as soon as possible, and we will actively pursue establishing a stable management structure and enhancing business competitiveness based on the experience of growing PTI," said a DB Insurance official.

    Write to Hanjong Choi at onebell@hankyung.com
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