Shinsegae Chairman Chung steps up US outreach, meets Trump Jr., AI and media leaders

By Kim Hee-su Posted : December 21, 2025, 15:00 Updated : December 21, 2025, 15:00
Shinsegae Group Chairman Chung Yong-jin poses for a photo with US Vice President JD Vance at a Christmas dinner in Washington DC on Dec 12 2025 Courtesy of Shinsegae Group
Shinsegae Group Chairman Chung Yong-jin poses for a photo with U.S. Vice President J.D. Vance at a Christmas dinner in Washington, D.C., on Dec. 12, 2025. Courtesy of Shinsegae Group
SEOUL, December 21 (AJP) - Chung Yong-jin, chairman of Shinsegae Group, has met with a series of high-profile political and business figures in the U.S. as part of efforts to strengthen the group's overseas network and explore new growth opportunities.

According to Shinsegae Group on Sunday, Chung attended a Christmas dinner hosted by U.S. Vice President J.D. Vance and went on to meet key figures in Florida and Los Angeles from Dec. 16 to 18, including Donald Trump Jr., Misha Laskin, and David Ellison.

Chung met Trump Jr. at the Mar-a-Lago resort in Florida, along with 1789 Capital co-founders Omeed Malik and Christopher Buskirk, and discussed the possibility of Shinsegae Group participating in the development of Palm Beach led by 1789 Capital. Shinsegae said it plans to begin a feasibility review of the project.

He also met Misha Laskin, founder of Reflection AI, a company established by former core researchers at Google DeepMind. Reflection AI has recently drawn attention after securing about $2 billion in investment from backers including NVIDIA.

Reflection AI is developing autonomous AI agents, and the two sides discussed potential applications of the technology across Shinsegae's core businesses, including retail operations and supply chain management.

After his Florida meetings, Chung traveled to Los Angeles on Dec. 18 to meet David Ellison, founder of Skydance Media and son of Oracle Corp. co-founder Larry Ellison. Ellison became chief executive of the merged company after Skydance acquired Paramount Global last year and has recently been linked to a bid for Warner Bros.

Chung and Ellison discussed ways to enhance synergies between Shinsegae Group and Skydance, reviewed the status of investment cooperation for the construction of Asia's largest international theme park in Hwaseong, Gyeonggi Province, and explored opportunities to develop products using Paramount's intellectual property. Shinsegae Group selected Paramount last year as a global brand partner for the theme park development.

"Chung's recent U.S. trip reflects his focus on strengthening global networks and identifying future growth engines through a wide range of business partnerships," a Shingsegae Group official said.
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