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Stress Release Gone Bad: Bookkeeper Embezzles Hundreds of Millions of Won

Stress Release Gone Bad: Bookkeeper Embezzles Hundreds of Millions of Won

BUSAN, Oct. 29 (Korea Bizwire) – A bookkeeper who siphoned money from the company she was working for after getting addicted to an internet broadcast has been arrested. Choi (21), a bookkeeper at a shipping company, started work after she graduated high school in 2011. She was responsible for disbursing her coworkers’ salaries, as well [...]

Processed Meat Sales Plunge Following WHO Carcinogen Designation

Processed Meat Sales Plunge Following WHO Carcinogen Designation

SEOUL, Oct. 29 (Korea Bizwire) – After the World Health Organization (WHO) designated processed meats as a carcinogen, meat lovers worldwide are up in arms, and meat producers are suffering from the huge blow. Domestic sales of processed meat such as ham and sausages dropped 20 percent in one day due to consumer apprehension. The [...]

Kakao News Funding Expands Content Coverage

Kakao News Funding Expands Content Coverage

SEOUL, Oct. 27 (Korea Bizwire) – Daum Kakao has announced that it will be expanding its News Funding crowd funding service into a new service called Story Funding. Story Funding allows creators of content other than news such as books, music, movies and new technologies to receive funding. The company’s goal is to expand its [...]

Kmall24 Enters Amazon Japan and Ebay

Kmall24 Enters Amazon Japan and Ebay

SEOUL, Oct. 27 (Korea Bizwire) – Kmall24, an online store managed by the Korean International Trade Association (KITA) that supports direct overseas purchases online, has started aggressively targeting consumers abroad through Amazon Japan and eBay. According to the KITA, Kmall24 is the first organization that supports exports on Amazon Japan. The company registered 201 items [...]