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Naver, Kakao to Release English Map Apps Ahead of Upcoming PyeongChang Winter Olympics

Naver, Kakao to Release English Map Apps Ahead of Upcoming PyeongChang Winter Olympics

SEOUL, Oct. 13 (Korea Bizwire) – South Korean internet companies Naver and Kakao are planning to release English versions of their map apps in anticipation of the increased influx of foreign tourists for the upcoming 2018 PyeongChang Winter Olympics. According to market analysis by media company Wiseapp, Naver Map leads the field with 8.08 million [...]

Record-Setting August for Purchases Through Mobile

Record-Setting August for Purchases Through Mobile

SEJONG, Sept. 29 (Korea Bizwire) — Purchases made through mobile devices in South Korea continued to break new records last month as a growing number of people spend more time with their handsets, government data showed Friday. Mobile transactions through smartphones and tablets reached an all-time high of 4.04 trillion won (US$3.5 billion) in August, [...]

IKEA Korea to Launch Mobile App Ahead of 2nd Store Opening

IKEA Korea to Launch Mobile App Ahead of 2nd Store Opening

SEOUL, Sept. 29 (Korea Bizwire) — The local unit of global furniture giant IKEA said Friday it will launch an augmented reality (AR) technology-based mobile application next week to provide a better chance for customers to shop for its products, with its second outlet set to open in October. IKEA Place, where people can virtually [...]

Government Says Blocking Tumblr a ‘Possibility’

Government Says Blocking Tumblr a ‘Possibility’

SEOUL, Sept. 28 (Korea Bizwire) – As American blogging giant Tumblr has refused the South Korean government’s request for cooperation on censoring pornographic content, which is illegal in the country, blocking Tumblr as a whole has emerged as a possibility among media regulatory authorities. During a briefing on protection from online sex crimes held on Tuesday [...]

Google Assistant Joins Samsung’s Bixby, Apple’s Siri, Naver’s Clover in Vying for Koreans’ Attention

Google Assistant Joins Samsung’s Bixby, Apple’s Siri, Naver’s Clover in Vying for Koreans’ Attention

SEOUL, Sept. 22 (Korea Bizwire) – Google Korea has thrown its hat into the ring with an announcement on September 21 that its AI-integrated service Google Assistant is now available in Korean. Google Assistant joins a line that includes Apple’s Siri, Naver’s Clover and Samsung’s Bixby leading to the doors of Korean consumers. Google Korea [...]

Credit Card Companies to Roll Out Modifications to Enable “Going Dutch”

Credit Card Companies to Roll Out Modifications to Enable “Going Dutch”

SEOUL, Sept. 20 (Korea Bizwire) – After holding talks with CEOs of credit card companies in July and August, the Financial Services Commission (FSC) publicly disclosed that modifications to payment processing procedures will be implemented. One of the key points of the announced modifications is a system that will allow groups of restaurant-goers to split [...]

Kakao Pay Institutes QR Code Payment System

Kakao Pay Institutes QR Code Payment System

SEOUL, Sept. 20 (Korea Bizwire) – Kakao has announced that it has added QR code identification technology that will enable users to process payments with a simple snapshot to its Kakao Pay service.  The technology is currently available on Kakao’s Chinese counterparts Alipay and WeChat Pay. Users snap photos of QR cards in shops and [...]