SEOUL, March 5 (Korea Bizwire) – Online shopping sales in South Korea rose 12.1 percent on-year in January on the back of growing demand for tourism and transportation services ahead of the Lunar New Year holiday, data showed Tuesday. The value of online shopping transactions amounted to 20.28 trillion won (US$15.21 billion) in January, up [...]
SEOUL, Mar. 4 (Korea Bizwire) – In a recent survey conducted by HR tech company Incruit’s gig worker platform ‘NewWorker,’ gig workers expressed high levels of satisfaction with the service. The survey, carried out from the February 8 to 12, involved 378 individuals who had taken on gig work through NewWorker in the past year. The [...]
SEOUL, Mar. 4 (Korea Bizwire) – A recent study has uncovered that college students who frequently drink alone, known as ‘solo drinkers,’ tend to experience higher levels of depression and anxiety compared to their peers who drink socially. The research, led by Jeon Hye-Rin, a clinical psychologist in training at Yonsei University College of Medicine’s Severance [...]
SEOUL, Mar. 4 (Korea Bizwire) – As predictions of declining real estate values gain momentum, the scale of reverse mortgage guarantees in South Korea is set to hit an all-time high this year, signaling an increased adoption among homeowners. Reverse mortgages, available to individuals over 55, allow homeowners to secure a loan against their property to [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Koreans spent over 40 hours on global video streaming platform YouTube in January, surpassing the mark for the first time, industry data showed Monday. South Koreans users on Android and iOS systems collectively spent a record 111.9 billion minutes on YouTube in January, according to a sample survey [...]
SEOUL, Mar. 3 (Korea Bizwire) –In the last ten years, South Korea has seen a significant 40% decrease in the number of marriages, casting uncertainty on the premise of childbirth in a country where marriage traditionally precedes starting a family. Statistics Korea’s December 2023 population trends report and data from the Korean Statistical Information Service [...]
SEOUL, Mar. 2 (Korea Bizwire) –The fashion world is witnessing a resurgence of the “grandpa core” look, a style reminiscent of garments one might find in a grandfather’s closet, leading to a noticeable increase in related product sales. Characterized by classic cable knit sweaters, oversized Oxford shirts, and rugby shirts, this trend encapsulates a blend [...]
SEOUL, Feb. 29 (Korea Bizwire) – A recent report by the Korea Creative Content Agency has revealed that minors are less likely to overindulge in gaming when their parents have a higher understanding of games and set clear usage guidelines. The findings, detailed in the “2023 Comprehensive Survey on Children and Adolescents’ Gaming Behavior,” were based [...]
SEOUL, Feb. 28 (Korea Bizwire) – The advent of ChatGPT is anticipated to transform how we search for information online, yet a recent survey reveals that South Korean users still harbor doubts about the platform’s reliability. Specifically, only 40% of respondents believe the search results provided by ChatGPT are reliable. According to the ’2024 Search Trends [...]
SEOUL/YONGIN, Feb. 24 (Korea Bizwire) –As South Korea prepares to bid farewell to Fu Bao, the beloved giant panda mascot of Everland, a surprising trend has emerged among the country’s young adults. Convenience store owners find themselves overwhelmed by the demand for “FuTong cards,” a playful abbreviation for the “Fu Bao Transportation Card.” Despite continuous [...]