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Facebook’s User Base in South Korea Falls Below 10 Million, Marking a Significant Shift Since Its Peak

Facebook’s User Base in South Korea Falls Below 10 Million, Marking a Significant Shift Since Its Peak

SEOUL, Feb. 9 (Korea Bizwire) –With Facebook recently marking 20 years since its launch, the once-dominant social media platform has seen its monthly active users on the mobile app in South Korea dip below the 10 million mark for the first time since May 2020, when mobile big data company IGAWorks began its combined app [...]

South Koreans Plan to Spend an Average of 520,000 Won on Lunar New Year Cash Gifts

South Koreans Plan to Spend an Average of 520,000 Won on Lunar New Year Cash Gifts

SEOUL, Feb. 9 (Korea Bizwire) – With the Lunar New Year approaching, South Koreans are setting aside an average of 520,000 won (about $440) per person for holiday cash gifts, commonly known as “sebaet don,” a recent survey has revealed. The survey, conducted by KB Kookmin Card, also found that over half of the respondents [...]

YouTubers’ Combined Annual Income Surpasses 1 Trillion Won in 2022: Data

YouTubers’ Combined Annual Income Surpasses 1 Trillion Won in 2022: Data

SEOUL, Feb. 9 (Korea Bizwire) – The combined annual income of single-person media creators, such as YouTubers, reached over 1 trillion won (US$753 million) in 2022, according to data released Friday. A total of 39,366 individuals reported their annual income as single-person media creators in 2022, with the total amount reaching 1.14 trillion won, according [...]

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]

U.S. and South Korean Marines Engage in Joint Training to Boost Operational Capabilities

U.S. and South Korean Marines Engage in Joint Training to Boost Operational Capabilities

POHANG, Feb. 8 (Korea Bizwire) – The U.S. and South Korean Marine Corps have commenced joint training exercises aimed at enhancing their combined operational capabilities. According to the Marine Corps, since February 1, the 1st Marine Division has been conducting joint training with the U.S. Marines at a training site in Pohang, North Gyeongsang Province, [...]

Gangneung Introduces Pet Waiting Areas at Public Restrooms

Gangneung Introduces Pet Waiting Areas at Public Restrooms

GANGNEUNG, Feb. 8 (Korea Bizwire) – The city of Gangneung announced on February 7 that it has initiated a pilot program by installing pet waiting areas at public restrooms to create a more mature pet culture, ensuring both pet owners and non-pet owners can use the facilities comfortably and safely.  With the pet population in Gangneung [...]

Seoul Grand Park Welcomes Endangered Amur Leopard from the UK

Seoul Grand Park Welcomes Endangered Amur Leopard from the UK

SEOUL, Feb. 8 (Korea Bizwire) – Seoul Grand Park announced that an endangered female Amur leopard will be arriving from the United Kingdom on February 8, as part of a conservation effort for the critically endangered species.  The Amur leopard, listed as a Class I endangered species under the Convention on International Trade in Endangered Species [...]

SSG.com Introduces Online Tasting Events, Bringing the In-Store Experience Home

SSG.com Introduces Online Tasting Events, Bringing the In-Store Experience Home

SEOUL, Feb. 8 (Korea Bizwire) – SSG.com has announced that it is replicating its in-store tasting experience with its new “Online Tasting Event.” Starting on February 7, the first 8,000 customers who spend over 60,000 won on dawn deliveries will receive one of three complimentary Nestle gifts, including KitKat Green Tea, KitKat Original, or Starbucks Powdered [...]

Survey Reveals South Korean Companies Spend 6.9% of Sales on Logistics Costs

Survey Reveals South Korean Companies Spend 6.9% of Sales on Logistics Costs

SEOUL, Feb. 7 (Korea Bizwire) – A recent study has shown that for every 10,000 won in sales, South Korean companies are spending an average of 690 won on logistics. The Korea Chamber of Commerce and Industry announced these findings on February 6, based on a survey conducted in the last quarter of last year. The [...]