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Unusual Businesses Emerge amid Pandemic

Unusual Businesses Emerge amid Pandemic

SEOUL, Aug. 30 (Korea Bizwire) — New services are taking care of ‘cumbersome tasks’ on behalf of those who want to stay indoors following the coronavirus outbreak. Fitco introduced a service in November that comes up with various recommendations on fashion, picked by professional stylists based on the ‘Style Quiz’ questionnaire that asks customers some [...]

E-scooter Apps and OTT Platforms Become Most Installed Apps for Early 2021

E-scooter Apps and OTT Platforms Become Most Installed Apps for Early 2021

SEOUL, May 25 (Korea Bizwire) — With the persisting spread of the coronavirus pandemic, ride-sharing electric scooter hailing apps, over-the-top (OTT) service platforms, and second-hand shopping apps have risen as the most installed apps among smartphone users. The ‘2021 App Trend Report’ released on Monday by NHN Corp., South Korea’s leading game and internet company, [...]

S. Korea to Introduce GPS-based Taximeter Apps

S. Korea to Introduce GPS-based Taximeter Apps

SEOUL, Feb. 10 (Korea Bizwire) — App-based taximeters used under temporary permit issued by the country’s so-called regulatory sandbox program will be permanently approved by the government. A regulatory sandbox is a concept that allows small-scale, live testing of innovations by private firms in a controlled environment under the regulator’s supervision. The Ministry of Land, [...]

Google Under Fire over Alleged Profit-sharing Scheme with Smartphone Makers and Telcos

Google Under Fire over Alleged Profit-sharing Scheme with Smartphone Makers and Telcos

SEOUL, Oct. 26 (Korea Bizwire) — Controversy is flaring up over Google Inc.’s alleged profit-sharing collusion with local mobile carriers and smartphone makers. Rep. Yoon Young-chan of the ruling Democratic Party disclosed in the National Assembly’s parliamentary audit of the Ministry of Science and ICT held on Friday that Google, in collaboration with local mobile [...]

S. Korea Launches Probe into Google over Potential Fair Trade Violations

S. Korea Launches Probe into Google over Potential Fair Trade Violations

SEOUL, Oct. 8 (Korea Bizwire) — South Korea has launched an antitrust investigation into Google over its plans to enforce commission fees for in-app purchases made through its mobile application store, a top official said Thursday. The U.S. tech giant has come under intense scrutiny from South Korean regulators after it updated its global policy [...]

App Usage Fluctuates in Aftermath of Coronavirus Outbreak

App Usage Fluctuates in Aftermath of Coronavirus Outbreak

SEOUL, May 4 (Korea Bizwire) — The number of users of medical-related mobile applications has more than doubled since the outbreak of the new coronavirus. In addition, the volume of travel-related payments took a nosedive, although the amount of payments made on home or Internet shopping increased. Industry tracker WiseApp said the use of medical, health, [...]

Experts Call on Kakao and Naver to Stop Selling Apps on Their Own Platforms

Experts Call on Kakao and Naver to Stop Selling Apps on Their Own Platforms

SEOUL, May 23 (Korea Bizwire) — Experts are arguing that the practices of Kakao Corp., Naver Corp., and other platform businesses selling apps using their own platforms are negatively impacting the national economy. Local research institute Pi-Touch announced on Wednesday that if platform providers refrain from selling apps on their own platforms, 1.8 million jobs [...]

Small Businesses Spend Average of 840,000 won per Month on Delivery Applications

Small Businesses Spend Average of 840,000 won per Month on Delivery Applications

SEOUL, Dec. 28 (Korea Bizwire) — Small business owners spend an average of 840,000 won (US$716) a month on online delivery service applications. Of the money spent, half of it is spent on advertising via the application. Business owners want half of what they are spending on the application, 200,000 won, for advertisements. This data [...]

Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

SEOUL, Sept. 27 (Korea Bizwire) — With an increasing number of South Korean women opting to work instead of staying at home, and as simple eating habits grow in popularity, e-commerce websites offering side dishes are making great strides. Last year, the market for online sales of side dishes surpassed 100 billion won, and with [...]

Most Websites, O2O Apps Vulnerable to Security Breaches: Data

Most Websites, O2O Apps Vulnerable to Security Breaches: Data

SEOUL, Sept. 20 (Korea Bizwire) — Most websites that collect personal data, online-to-offline (O2O) apps, and Internet of Things (IoT) gadgets are vulnerable to security breaches, data showed Thursday. According to the data by the Korea Internet & Security Agency (KISA) and submitted to the National Assembly, 97 percent of the 13 websites, 19 O2Os [...]