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In the Latest Bitter Winter Publication, Award-Winning Japanese Journalist Exposes the Campaign Against the Unification Church as a Political Plot

In the Latest Bitter Winter Publication, Award-Winning Japanese Journalist Exposes the Campaign Against the Unification Church as a Political Plot

TORINO, Italy, July 6 (Korea Bizwire) — Masumi Fukuda, an award-winning Japanese journalist, claims that the campaign to strip the Unification Church, now called Family Federation for World Peace and Unification, of its status as a religious organization in Japan, uses the controversies following the assassination of former Prime Minister Shinzo Abe as a pretext [...]

Roadzen, Inc. Bolsters U.S. Presence with Completion of National Automobile Club Acquisition

Roadzen, Inc. Bolsters U.S. Presence with Completion of National Automobile Club Acquisition

NEW YORK, July 6 (Korea Bizwire) — Roadzen, Inc. (“Roadzen” or the “Company”), a global insurance technology company, today announced completion of its acquisition of National Automobile Club (“National Automobile Club” or “NAC”), one of the oldest commercial auto clubs in the U.S., in a move that will bolster Roadzen’s U.S. presence and help the [...]

S. Korea Launches Higher-accuracy AI-based Voice Analysis Model to Tackle Voice Scams

S. Korea Launches Higher-accuracy AI-based Voice Analysis Model to Tackle Voice Scams

SEOUL, July 6 (Korea Bizwire) — The government has launched a higher-accuracy voice analysis model aimed at curbing rampant voice phishing scams and other voice-based crimes and plans to share the technology with foreign investigative bodies, a senior interior ministry official said Thursday. South Korea sees more than 20,000 cases of voice phishing scams every [...]

Korean Companies’ Chinese Subsidiaries Experience Sales Drop amid Beijing’s Pressure

Korean Companies’ Chinese Subsidiaries Experience Sales Drop amid Beijing’s Pressure

SEOUL, July 6 (Korea Bizwire) — During the past six years of Beijing’s pressure on Seoul regarding the latter’s hosting of a U.S. THAAD anti-missile system, South Korean conglomerates have witnessed shrinking sales at their Chinese subsidiaries, a corporate tracker said Wednesday. CEO Score analyzed sales reports of 113 Korean companies in China, which revealed [...]

COVID-19 Transforms Seoul Tourism Landscape: CJ Olive Young

COVID-19 Transforms Seoul Tourism Landscape: CJ Olive Young

SEOUL, July 6 (Korea Bizwire) – The COVID-19 pandemic has transformed the tourism landscape in Seoul, especially in the Myeongdong, Dongdaemun, and Hongdae areas, South Korea’s top health and beauty store operator said Wednesday. According to CJ Olive Young, a significant number of foreign tourists belonging to Generation Z visit South Korea primarily for K-content. [...]

Wish Expands its Merchant Network in South Korea Through Partnership with International Carrier, Rincos

Wish Expands its Merchant Network in South Korea Through Partnership with International Carrier, Rincos

SAN FRANCISCO, July 6 (Korea Bizwire) — ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced a strategic partnership with one of South Korea’s leading logistics providers, Rincos. The partnership is designed to streamline the process for Korean merchants looking to ship goods overseas through the Wish platform. South [...]

Principion and LDA Capital Cancel Agreement for Sale of Azerion Shares

Principion and LDA Capital Cancel Agreement for Sale of Azerion Shares

Amsterdam, July 6 (Korea Bizwire) – Azerion announces today that it has been notified by Principion Holding B.V. (‘Principion’) that Principion and LDA Capital Limited have cancelled the put option agreement entered into between them and announced by Azerion on 30 December 2022 subject to the terms of a settlement agreement. Principion has also confirmed to Azerion [...]