Services and Others Archives | Be Korea-savvy

Archive by category Services and Others

Taxi Drivers Ready to Wage War over Kakao’s Carpooling App

Taxi Drivers Ready to Wage War over Kakao’s Carpooling App

SEOUL, Oct. 18 (Korea Bizwire) — The upcoming launch of a carpooling service by Internet giant Kakao has sparked taxi drivers to consider taking drastic measures, including a strike, as the conflict continues to escalate. The carpooling service currently permitted by the government is validated by a clause in the transportation law that allows exceptions [...]

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

Michelin Awards 2-star Ratings to 2 More Restaurants in Seoul

SEOUL, Oct. 18 (Korea Bizwire) — The Michelin Guide on Thursday announced its selection of 26 restaurants in Seoul with unique cuisine and quality, including two new two-star eateries. Two restaurants — fine dining Korean restaurant Gaon and La Yeon, a traditional Korean cuisine restaurant at Hotel Shilla — maintained three-star ratings for a third [...]

10 pct of Franchise Coffee Shops Shut Down Last Year

10 pct of Franchise Coffee Shops Shut Down Last Year

SEOUL, Oct. 18 (Korea Bizwire) — Approximately 1 out of 10 franchised stores selling coffee and beverages shut down last year due to sluggish sales and other factors. Experts cite heightened competition within the saturated franchise market as the main issue, resulting in a wider polarization between successful and unsuccessful franchise business outlets. According to [...]

Samsung to Lend Hand in Fostering 500 Startups

Samsung to Lend Hand in Fostering 500 Startups

SEOUL, Oct. 17 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will support 500 startups over the next five years in response to the government’s call to bolster the national economy and create more jobs. The project comes as a follow-up of Samsung Electronics’ announcement made in August, when it vowed to invest a [...]

South Korea’s Mobile Taxi-hailing App Raises Driver Income by 37 pct

South Korea’s Mobile Taxi-hailing App Raises Driver Income by 37 pct

SEOUL, Oct. 16 (Korea Bizwire) — Taxi drivers saw a more than 37 percent rise in their income after Kakao Taxi, a mobile taxi-hailing service, was introduced three and a half years ago. Kakao Mobility announced on Monday that taxi drivers, who used to earn 110,894 won per day back in early 2016, now earn [...]

Media Industry Divided on Whether to Block or Promote Netflix

Media Industry Divided on Whether to Block or Promote Netflix

SEOUL, Oct. 15 (Korea Bizwire) — Korean TV broadcasters are undecided on how to best deal with Netflix, the global over the top (OTT) content provider that distributes streaming media. For now, the major terrestrial TV stations have stated that they will not sell their latest content to Netflix. But non-terrestrial TV production houses such [...]

No. 1 Food Delivery App Begins Services for Single-person Households

No. 1 Food Delivery App Begins Services for Single-person Households

SEOUL, Oct. 14 (Korea Bizwire) — South Korea’s leading food delivery app Baedal Minjok, or Baemin for short, said Sunday it began services for single-member households to meet their growing demands. If they order food through Baemin services, consumers now can order food worth less than 10,000 won (US$8.80) for one person, the company said [...]

Corporate Messaging through KakaoTalk Rising Sharply: Data

Corporate Messaging through KakaoTalk Rising Sharply: Data

SEOUL, Oct. 11 (Korea Bizwire) — The number of corporate messaging services through the country’s top mobile messenger KakaoTalk is surging and forecast to reach 15 billion this year, data showed Thursday. In September 2015, the company launched the so-called Notification Talk, or Allim Talk, service that allows corporations such as shopping malls and credit [...]