SEOUL, Dec. 5 (Korea Bizwire) – The Seoul International Sourcing Fair, a major business-to-business consumer goods exhibition, opens December 4 at the COEX convention center, bringing together over 300 companies from around the world for a three-day showcase of products ranging from gifts and home goods to beauty products and digital health technology. The event, running [...]
• Total Revenues of $138.8M, up 14% year-over-year • Subscription Revenues of $119.9M, up 14% year-over-year • GAAP Operating Margin of (1)%, up ~1,000 basis points year-over-year • Non-GAAP Operating Margin of 20%, up ~350 basis points year-over-year WILMINGTON, N.C., Dec. 4 (Korea Bizwire) — nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced financial results for the third quarter of [...]
SUWON, Dec. 4 (Korea Bizwire) – A South Korean appeals court has upheld a fine against a YouTuber who was charged with defaming another content creator during a livestream that had only one viewer, establishing that public exposure can exist even with minimal viewership. The Suwon High Court’s Criminal Division 2-1 rejected an appeal on December [...]
GONGJU, South Korea, Dec. 3 (Korea Bizwire) — To outsiders, Gongju is a city in decline. But to Kang Seung-hee, a 26-year-old restaurant owner in the central city, it is a place where she envisions her future. Born and raised in Seoul, and having been to university in the capital, Kang moved to Gongju in [...]
SEOUL, Dec. 4 (Korea Bizwire) — The Sorento, the popular sport utility vehicle (SUV) of Kia Corp., is poised to become this year’s single bestselling car model in South Korea, industry data showed Wednesday. According to the latest sales data from domestic automakers, the Sorento claimed the top spot for domestic cumulative sales for the [...]
SEOUL, Dec. 4 (Korea Bizwire) – As concerns mount over a prolonged drop in electric vehicle demand and potential impacts of Donald Trump’s potential return to the White House, South Korea’s battery manufacturers are adapting their strategies amid growing industry turbulence marked by EV plant closures and bankruptcies worldwide. The country’s three major battery makers are [...]
SEOUL, Dec. 4 (Korea Bizwire) — Video streaming service YouTube has been the most used mobile app in South Korea for an entire year, industry data showed Wednesday. The Google-owned mobile platform recorded 46.35 million monthly active users in November, maintaining its lead for 12 straight months in the country, according to the data from [...]
SEOUL, Dec. 4 (Korea Bizwire) – In response to growing demand for obesity medications, Samsung Fire & Marine Insurance has launched health insurance products that cover high-cost obesity treatments, marking a significant development in the Korean health insurance market. These new plans offer coverage for GLP-1 class obesity medications, such as Wegovy and Saxenda, which [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s agricultural minister says she expects exports of traditional fermented sauces using soybeans, or “jang,” to grow down the road after the tradition of making them was recognized as intangible heritage by the United Nations cultural organization. The United Nations Educational, Scientific and Cultural Organization (UNESCO) in Paraguay [...]
JEONJU, Dec. 4 (Korea Bizwire) – South Korea’s Rural Development Administration (RDA) is accelerating efforts to develop smart agriculture technologies aimed at automating farming practices. On December 3, the RDA showcased its innovations during a demonstration event in Hamyang County, Gyeongnam Province, attended by over 100 local farmers and industry participants. The initiative focuses on [...]