SEOUL, June 2 (Korea Bizwire) — The number of consumer disputes related to in-app purchases made by minors through their parents’ accounts is increasing. Recently, an individual who has a child in grade six, was surprised to receive a notification that his credit card usage limit had been exceeded. After checking his credit card bill, [...]
SEOUL, May 31 (Korea Bizwire) — South Korean companies have raised charges for paid content services on Google as the U.S. tech giant prepares to remove apps with external payment links circumventing Google’s in-app payment system. Currently, many app developers on Google’s Play store directed users to external links for payment to circumvent Google’s billing [...]
SEOUL, May 23 (Korea Bizwire) — The number of metaverse platform users has plunged after the easing of COVID-19 social distancing measures, putting the brake on the metaverse fever in South Korea, data showed Sunday. The number of weekly active users (WAU) for the metaverse application Roblox over the past week (May 9 to 15) [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s app-based home matching platform Zigbang Co. said Thursday that it had established a U.S. subsidiary called Soma Development Co. to help expand its presence in the global virtual office market. On Friday, the company unveiled a new global virtual office platform called Soma, an upgraded version of [...]
SEOUL, May 17 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing company, said Tuesday it has forged a business partnership with Miki Taxi, a major taxi operator in Guam, to provide ride-hailing services in the U.S. Pacific territory. Through the partnership with Miki Taxi, which operates approximately 40 percent of all taxis in [...]
SEOUL, May 15 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Sunday it will launch a limited edition of the Galaxy Z Fold3 handset in collaboration with homegrown design brand Muziktiger. The Muziktiger edition, to go on sale from Monday, is priced at 1,280,400 won (US$997). The new edition comes with the [...]
SEOUL, May 13 (Korea Bizwire) — Samsung Electronics Co. on Friday held its first 6G forum with experts from academia and industry to discuss the future of communications technologies, in a bid to lead 6G research and development and standardization. At the forum, titled “The Next Hyper-Connected Experience for All,” global industry experts had presentations [...]
SEOUL, May 12 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing company, said Thursday it will begin offering access to local ride-hailing services in seven Southeast Asian countries by partnering up with global mobility platform provider Splyt Technologies Ltd. Through the partnership, users of the company’s Kakao T application will be able to [...]
SEOUL, May 11 (Korea Bizwire) — ONE store Co., a South Korean mobile app market platform, decided Wednesday to withdraw its plans for an initial public offering (IPO) due to lackluster investor confidence, financial industry sources said. The No. 2 mobile app market operator here, after Google Play store, received lackluster response from institutional investors [...]
SEOUL, May 9 (Korea Bizwire) — ONE store Co., a South Korean mobile app market platform, will go public this month as planned, its CEO said Monday, amid concerns its initial public offering (IPO) may draw weaker-than-expected demand in the face of lackluster market conditions. ONE store, the No. 2 mobile app market operator here [...]