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Kakao Mobility Joins Hands with JapanTaxi

Kakao Mobility Joins Hands with JapanTaxi

SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility, a South Korean firm that provides ride-hailing and driver-for-hire services, said Thursday that it has invested 1.5 billion yen (US$13.4 million) for a 3.4 percent stake in Japan’s largest taxi-hailing service, JapanTaxi Co., in a move to expand its services beyond the home market. The two firms [...]

Fair Trade Commission to Investigate Online Influencers for Deceitful Advertising

Fair Trade Commission to Investigate Online Influencers for Deceitful Advertising

SEOUL, Sept. 6 (Korea Bizwire) — The Fair Trade Commission will look into online influencers who advertise commercial products on their individual social media accounts without disclosing that they are being paid for the advertisement. The commission announced yesterday that it would carry out an intensive investigation into deceptive advertisements posted on Instagram, a social [...]

Shinsegae Launches Restaurant Queue App

Shinsegae Launches Restaurant Queue App

SEOUL, Sept. 4 (Korea Bizwire) — Shinsegae Group, which operates high-end department stores throughout the nation, announced that it is launching a new smartphone app that will allow shoppers to check, in real-time, the wait time at restaurants situated within Shinsegae malls. Through the service, which launched at Shinsegae’s Gangnam branch yesterday and will roll [...]

Samsung Sticks to High Price Policy for Galaxy S8, S9 in Home Market

Samsung Sticks to High Price Policy for Galaxy S8, S9 in Home Market

SEOUL, Sept. 4 (Korea Bizwire) — Samsung Electronics Co. has been keeping the price of the Galaxy S8 and S9 smartphones high in South Korea in contrast to discounts offered in overseas markets, data showed Tuesday. According to the data compiled by the Korea Communications Commission, the price of the 64 gigabyte edition of the [...]

Foreign IT Firms to Designate Proxy in Charge of Personal Data

Foreign IT Firms to Designate Proxy in Charge of Personal Data

SEOUL, Aug. 31 (Korea Bizwire) – South Korea will mandate that foreign IT companies designate an official in charge of managing personal information, sources said Friday. According to the industry sources, a relevant law was passed through a regular session of the National Assembly a day earlier that makes it mandatory for companies without addresses [...]

About 94 pct of Korean Adults Have Experienced YouTube: Survey

About 94 pct of Korean Adults Have Experienced YouTube: Survey

SEOUL, Aug. 30 (Korea Bizwire) — About 94 percent of Korean adults have used YouTube directly or indirectly via other routes, a survey showed Thursday. A media research center of the Korea Press Foundation canvassed online 1,218 adults across the country from Aug. 20-24, and 77.8 percent, or 948, of the respondents answered they are [...]