SEOUL, Jun. 3 (Korea Bizwire) – The vibrant yellow cardigan donned by ADOR CEO Min Hee-jin at her second press conference has ignited a fashion frenzy, leading to it selling out on some retail sites moments after her appearance and attracting resellers seeking to profit from the demand. Min held an emergency press conference at 2:30 [...]
SEOUL, June 1 (Korea Bizwire) –The video-sharing app YouTube accounts for a staggering one-third of the time South Koreans spend on their smartphones, cementing Google’s powerful presence in the country’s mobile market through its singular hit platform. According to app analytics firm Wiseapp, South Korean smartphone users spent 33.6% of their total device usage, or [...]
SEOUL, May 31 (Korea Bizwire) –Fans of the K-pop act NewJeans rallied behind the girl group’s founder and CEO after she won a temporary injunction blocking her company’s attempts to remove her, escalating a bitter corporate dispute playing out in public. In a fiery statement, the fan collective Bunnies welcomed the court’s decision to prevent [...]
SEOUL, May 30 (Korea Bizwire) — Seoul has about 612,000 registered pet dogs, accounting for 1 in every 10 households, with Maltese being the most common breed, a report showed Thursday. The Seoul Digital Foundation, affiliated with the Seoul city government, released the report based on pet dogs registered with the city in accordance with [...]
SEOUL, May 29 (Korea Bizwire) – The spate of tanghulu (Chinese candied fruit skewer) shop closures in South Korea is a foretold tragedy. An analysis shows that tanghulu sales peaked in September 2023, just six months after the trend took off, and have been rapidly declining since. The fleeting nature of fad food businesses like Taiwanese [...]
SEOUL, May 29 (Korea Bizwire) – The use of so-called will testamentary trusts is rapidly gaining popularity in South Korea as more people seek ways to manage their inheritance and prevent conflicts among family members after their death. According to data from South Korean banks, the balance of will testamentary trusts held by the nation’s five [...]
SEOUL, May 29 (Korea Bizwire) – Where do young adults in Seoul most frequently dine out on weekends? According to an analysis by the Shinhan Card Big Data Research Institute, the trendy district of Mapo has overtaken the city’s traditional downtown as the prime weekend dining destination for those in their 20s. From 2019 through last [...]
SEOUL, May 24 (Korea Bizwire) – In a striking shift in South Korea’s social media landscape, Instagram has emerged as the dominant platform, surpassing the once-formidable giants Naver and Kakao, according to a recent report by the Korea Information Society Development Institute (KISDI). The report, titled “Social Media Usage by Generation,” revealed that nearly half (48.6%) [...]
SEOUL, May 23 (Korea Bizwire) – As young people grapple with the enduring footprint of their digital pasts, South Korea’s “Eraser Service” has emerged as a lifeline, enabling them to scrub embarrassing posts and personal information from the internet. The service, launched last year as a pilot program and now in full operation by the Personal [...]
SEOUL, May 23 (Korea Bizwire) – South Koreans are feeling the pinch with major chicken franchises raising prices, bringing the era of the 30,000-won chicken bucket closer to reality – a scenario foreshadowed by BBQ Group’s chairman Yoon Hong-geun back in 2022. With dining costs already soaring, more consumers are exploring cost-effective ways to satisfy their [...]