SEJONG, Sept. 3 (Korea Bizwire) — South Korea’s exports of food products over the first eight months of 2024 increased 8.7 percent from a year earlier on the back of robust shipments of instant noodles and processed rice products, data showed Tuesday. Outbound shipments of processed and fresh foodstuffs reached US$6.47 billion over the January-August [...]
SEOUL, Sept. 2 (Korea Bizwire) – In a move that blends environmental consciousness with consumer engagement, Kakao, the South Korean internet giant, announced on September 2 a collaborative effort with Nespresso to breathe new life into used coffee capsules. The initiative, dubbed the Coffee Capsule Upcycling Encore Project, is set to run through Kakao Makers, [...]
SEOUL, Aug. 29 (Korea Bizwire) – Samsung Electronics announced on August 28 that it will showcase an artificial intelligence-enhanced version of its Samsung Food Service at IFA 2024, Europe’s largest consumer electronics and IT exhibition, scheduled for September 6-10 in Berlin, Germany. Samsung Food, initially introduced at IFA 2023, is a mobile app service that functions [...]
SEOUL, Aug. 29 (Korea Bizwire) – Baemin, South Korea’s leading food delivery application, has unveiled new insights into consumer behavior, highlighting a growing focus on cost-saving measures and personalized dining experiences. Woowa Brothers, the company behind Baemin, announced on August 28 that 7 out of 10 users now utilize the app’s search filter to find restaurants [...]
SEOUL, Aug. 26 (Korea Bizwire) — Bhc chicken, South Korea’s largest chicken franchise by sales, opened its seventh outlet in Malaysia on Monday as part of its overseas expansion strategy. The seventh store is located at the Elmina Lakeside Mall near the Southeast Asian country’s capital city of Kuala Lumpur, the company said in a [...]
SEOUL, Aug. 23 (Korea Bizwire) – A recent study has revealed a significant change in the eating habits of Seoul’s residents over the past decade, with a notable decrease in fruit consumption and an increase in meat intake. According to a report titled “Analysis of Seoul Citizens’ Dietary Habits and Policy Directions” released by the Seoul [...]
SEOUL, Aug. 21 (Korea Bizwire) – While South Korea’s beer and whisky markets have recently experienced a downturn, Japanese products are bucking the trend with growing popularity, according to recent customs data. From January to July ofthis year, imports of Japanese beer surged to $37.77 million, a 66% increase compared to the same period last year, [...]
SEOUL, Aug. 20 (Korea Bizwire) – Small business owners in South Korea are preparing to differentiate prices between in-store and delivery orders, a move triggered by a recent increase in commission fees by Baemin, the country’s largest food delivery platform. This collective action, set to begin on August 22, is raising concerns about potential inflationary pressures [...]
SEOUL, Aug. 15 (Korea Bizwire) – In a blend of corporate social responsibility and patriotic observance, Domino’s Pizza marked Korea’s Liberation Day by distributing free pizzas to staff and visitors at the Daejeon National Cemetery on August 15. The pizza chain deployed its food truck, known as the “party car,” to the cemetery, which serves as [...]
SEOUL, Aug. 13 (Korea Bizwire) – In a strategic shift to combat the migration of shoppers to online platforms, South Korean department stores are engaged in a fierce competition to introduce exclusive international cafes and dessert shops to the local market. Social media platforms are abuzz with posts from eager patrons flocking to newly opened establishments [...]