▶주메뉴 바로가기
▶본문 바로가기
South Korea’s e-commerce platform builder cafe24 said on July 11 that it has launched an artificial intelligence-powered one-stop solution for online store management. Even those engaged in a one-person business can create and design a website, sell products online, catch up with the market tre...
South Korea was the world’s No. 2 heat-not-burn tobacco market last year, and its growth will gather pace down the road, an industry tracker said on July 9. The size of Korea’s HNB cigarette market reached $1.67 billion last year, rising sharply from $453 million tallied in 2017, according to...
Blue Bottle Coffee said on July 9 that it will increase the number of its outlets in South Korea to four this year. The California-based coffee company advanced to Korea in May by opening its first store in Seongsu, eastern Seoul. It opened a second shop in Samcheong, central Seoul, last week. ...
The total value of online shopping in South Korea hit a record high in May, government data showed pn July 3, in the latest sign that a growing number of people are using computers and mobile devices to buy things ranging from clothes to electronic goods. Total online transactions reached 11.26...
Hyundai Home Shopping Network said on July 3 that it will launch the business in Australia next month. The 24-hour shop-at-home television channel called Open Shop will officially launch on Aug. 1, offering products ranging from household products to fashion brands, officials said. It will ...
Global trend forecasting agency World’s Global Style Network’s country director Lee Chang-wook on July 2 presented “sustainable value” as one of the key future trends during the 2020 Mega Trend seminar held in Seoul. In particular, he emphasized recognizing the importance of markets for con...
Korean e-commerce firm Coupang on July 1 unveiled the price list of products supplied by LG Household & Health Care , saying it was almost a third higher than the average of its other suppliers. According to the data that Coupang provided to lawmakers, LG H&H supplied its baby milk product Bebie...
Hyundai Card and Costco have become partners. As of May 24, customers have started to pay with their Hyundai credit cards at all of the 16 Costco stores and online mall in South Korea. “This is not just a partnership for payments, we plan on building a full-blown partnership to create synergies t...
Cash-strapped Woongjin Group announced on June 27 that it has decided to resell its stake in water purifier rental firm Woongjin Coway, which it just acquired in March this year. “We will sell Woongjin Coway within a year,” Woongjin said in a statement. “As a pioneer of the local rental busines...
Retail sales in South Korea increased in May from a year earlier as online malls continued to attract more customers with faster delivery services and wider selections, data showed on June 27. The combined sales of 26 major offline and online retailers reached 11.43 trillion won ($9.87 billion)...
South Korea’s antitrust regulator said on June 25 that it has fined McDonald’s Korea 52 million won ($45,000) for violating the law on franchise business. McDonald’s Korea is accused of accepting franchise fees worth 544 million won from 22 prospective franchisees between September 2013 and ...
Rawrow on June 20 announced that it had signed a contract to get funding from Shinsegae International , a fashion arm of Korean conglomerate Shinsegae. According to Rawrow, it handed some of its shares to the Shinsegae affiliate but declined to disclose the specific figures. “Securing the mana...
Investors in YG Entertainment including the National Pension Service have suffered losses of around 200 billion won ($169.2 million) over the past six months, according to Korea Exchange data. Broken down, the NPS lost around 20 billion won, while some 20,000 minority shareholders lost about 182...
Korea Investment Value Asset Management announced on June 10 that it had bought 440,000 additional shares of Korean entertainment powerhouse JYP Entertainment. With the purchase, KIVAM, the second-biggest shareholder of JYP, owns a 6.69 percent stake in the entertainment company. Korea’s first as...
Liquor prices are continuing to increase across South Korea, the latest being those from Lotte Liquor, industry sources said on June 1. Starting this month, prices of liquor from Lotte Chilsung Beverage’s distiller unit will increase by up to 10 percent. Soju brand Chum-Churum, Chungha rice wine...
Posco threads new life to old uniforms for Philippine communities
NCSoft releases sustainability report to meet global green standards
Samsung may supply advanced image sensors for Apple: analyst
Hana chief cleared of severe punishment in DLF crisis
NCSoft launches official Discord channel for Throne and Liberty
Qoo10 liquidity crisis sparks massive complaints, fears of wider damage