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Kakao Opens Mobile Circulation Platform to Sell Tangerines

Kakao Opens Mobile Circulation Platform to Sell Tangerines

SEOUL, Nov.11 (Korea Bizwire) – Daum Kakao has announced that it has opened a mobile circulation platform for Jeju tangerines called ‘Kakao Farmer Jeju’. ‘Kakao Farmer Jeju’ was established with the intention to select the best produce and deliver it to consumers when it is in its most delicious state. Since this is a trial [...]

Samsung, LG Win Int’l Awards for Key Products

Samsung, LG Win Int’l Awards for Key Products

SEOUL, Nov. 11 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc., South Korea’s top two tech firms, said Wednesday that they have garnered international awards for some of their latest home appliances, mobile devices and memory chips. Samsung won the Best of Innovation award for a total of 38 products, including the most [...]

Korea’s Next Top Meal Box: 7/11 Employees Compete to Develop New Menu

Korea’s Next Top Meal Box: 7/11 Employees Compete to Develop New Menu

SEOUL, Nov.9 (Korea Bizwire) – As convenient store meal boxes are high in demand, employees and franchise owners of Seven Eleven got together in competition to develop a new meal box menu. A total of 54 teams consisting of Seven Eleven franchise owners, employees and their families competed last month, and 10 teams moved on [...]

Credit Card Wars Start as Black Friday Approaches

Credit Card Wars Start as Black Friday Approaches

SEOUL, Nov.9 (Korea Bizwire) – With the American ‘Black Friday’ shopping frenzy only three weeks away, the credit card industry has ramped up marketing efforts, targeting those who make direct overseas purchases. As the number of people who make overseas purchases is increasing rapidly, credit card companies have started their promotions earlier than in previous [...]

Children Become Billionaires as Hanmi Shares Go Through the Roof

Children Become Billionaires as Hanmi Shares Go Through the Roof

SEOUL, Nov. 9 (Korea Bizwire) – With share prices in the Korean pharmaceutical industry hitting all-time highs, the seven grandchildren of Lim Sung-gi, CEO of Hanmi Pharmaceutical Co., have each became stock billionaires with holdings of approximately 100 billion won each. According to Chebul.com, Lim’s twelve-year-old grandson received shares of affiliated companies including Hanmi Science, [...]

Lotte Department Store Start ‘Smart Pickup’ Services

Lotte Department Store Start ‘Smart Pickup’ Services

SEOUL, Nov.6 (Korea Bizwire) – Lotte Department Store is expanding its Smart Pick service, which allows customers to pick up products purchased earlier through online shopping sites such as Lotte.com or L-Lotte. The order cut-off for picking up a purchased item on the same day used to be 10 a.m., but Lotte Department Store announced [...]

Safe, Fresh and Cheap: Local Food Gains Popularity

Safe, Fresh and Cheap: Local Food Gains Popularity

SUWON, Nov.6 (Korea Bizwire) – The ‘local food’ movement in Korea is growing in popularity as the interest in organic produce continues to rise. Local food refers to the practice of connecting food producers and consumers from the same region to minimize transportation distances and develop stronger food networks. With produce being grown in the [...]