Korea Bizwire, Author at Be Korea-savvy | Page 93 of 1081
Naver’s AI Shopping App Emerges as Fastest-Growing E-Commerce Platform in Korea

Naver’s AI Shopping App Emerges as Fastest-Growing E-Commerce Platform in Korea

SEOUL, Dec. 9 (Korea Bizwire) —  Naver’s standalone AI-driven shopping app, Naver Plus Store, has emerged as the fastest-growing e-commerce platform in South Korea this year, according to a global app market analysis released Monday by Sensor Tower. From January through October, Naver Plus Store ranked No. 1 in both total downloads and download growth among [...]

Job Seekers Remain Discouraged as Labor Market Tightens, Survey Finds

Job Seekers Remain Discouraged as Labor Market Tightens, Survey Finds

SEOUL, Dec. 9 (Korea Bizwire) — Six out of ten South Korean college seniors and recent graduates who are searching for jobs say they are doing so only passively, with little expectation of being hired, according to a nationwide survey released Monday by the Korea Employers Federation. The survey, conducted between October and November among 2,492 [...]

Hyundai Rotem Showcases K-Rail Technology at Major Moroccan Industry Summit

Hyundai Rotem Showcases K-Rail Technology at Major Moroccan Industry Summit

SEOUL, Dec. 9 (Korea Bizwire) — Hyundai Rotem Co., the defense and train subsidiary of Hyundai Motor Group, will participate in a major rail industry exhibition in Morocco to showcase a wide range of integrated railway solutions, the company said Tuesday. The company will participate in the two-day Rail Industry Summit Morocco to be held [...]

Korea to Tighten Scrutiny of Foreign Home Buyers in Key Real Estate Zones

Korea to Tighten Scrutiny of Foreign Home Buyers in Key Real Estate Zones

SEOUL, Dec. 9 (Korea Bizwire) — Beginning early next year, foreign nationals purchasing property in designated permit zones will be required to submit detailed documentation explaining how they intend to finance their purchases, the Ministry of Land, Infrastructure and Transport said Tuesday. The regulation, part of a revised enforcement decree taking effect on February 10, follows [...]

Kia Unveils World Cup Promotion Highlighting Unity and Fan Experience

Kia Unveils World Cup Promotion Highlighting Unity and Fan Experience

SEOUL, Dec. 9 (Korea Bizwire) —Kia Corp., South Korea’s second-largest carmaker, said Tuesday it has launched a global promotional campaign for the upcoming FIFA World Cup 2026. Under the theme of “Inspiration Connects Us All,” the new campaign highlights the company’s commitment to promoting unity not only between Kia and its customers, but among people [...]

Rapper Jay-Z Backs Private Equity Push Into Korea’s Entertainment and Beauty Industry

Rapper Jay-Z Backs Private Equity Push Into Korea’s Entertainment and Beauty Industry

SEOUL, Dec. 9 (Korea Bizwire) — Rapper Jay-Z’s investment fund has joined hands with a South Korean asset manager to raise a private equity fund (PEF) that invests in Korean entertainment, beauty and lifestyle, officials said Tuesday. MarcyPen Capital Partners LLC, which is backed by the U.S. rapper, recently signed a memorandum of understanding with [...]

Single-Person Households Become South Korea’s Largest Living Arrangement, Data Shows

Single-Person Households Become South Korea’s Largest Living Arrangement, Data Shows

SEOUL, Dec. 9 (Korea Bizwire) — Single-person households have become the most common living arrangement in South Korea, accounting for roughly 36 percent of all households last year, according to government data released Tuesday. The annual survey by the Ministry of Data and Statistics found that 8.05 million households consisted of a single person in 2024, [...]

Major Data Breaches Over a Decade Create a Complete “Digital Profile” of Koreans, Experts Warn

Major Data Breaches Over a Decade Create a Complete “Digital Profile” of Koreans, Experts Warn

SEOUL, Dec. 9 (Korea Bizwire) — A series of massive data leaks over the past decade, culminating in a recent breach involving 33.7 million Coupang accounts, has created a landscape in which personal information circulates widely and can now be used to reconstruct an individual’s identity and daily habits with alarming precision. While each incident may [...]

Seoul to Introduce Weekend Car-Free Running Program Inspired by Kuala Lumpur

Seoul to Introduce Weekend Car-Free Running Program Inspired by Kuala Lumpur

SEOUL, Dec. 9 (Korea Bizwire) — Seoul plans to launch a pilot car-free running program next spring, allowing residents to jog through parts of the city center on weekend mornings, Mayor Oh Se-hoon announced during a visit to Kuala Lumpur this week. The initiative takes inspiration from Kuala Lumpur’s “Car-Free Morning,” a municipal fitness program that [...]