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Mobile App Innovation Fuels Competition Among Major Financial Institutions

Mobile App Innovation Fuels Competition Among Major Financial Institutions

SEOUL, Jan. 10 (Korea Bizwire) – As the new year unfolds, major financial groups in South Korea are fiercely competing to enhance their services through the development of sophisticated mobile applications, focusing on creating ‘super apps’ that offer core services of both banking and non-banking affiliates in a single application, each employing slightly different strategies to [...]

Use of Group Buying and Budget Coffee Apps on Rise amid High Inflation

Use of Group Buying and Budget Coffee Apps on Rise amid High Inflation

SEOUL, May 17 (Korea Bizwire) — The use of group buying, low-cost coffee, and convenience store apps is increasing as consumers tighten their belts amid the current economic slump and high inflation, data showed Tuesday. The number of app installations in the shopping app category increased in April compared to figures recorded in October last [...]

Lifting of Social Distancing Rules Results in Growing Usage of Gathering, Concert and Outdoor Dining Apps

Lifting of Social Distancing Rules Results in Growing Usage of Gathering, Concert and Outdoor Dining Apps

SEOUL, Nov. 8 (Korea Bizwire) — The usage of gatherings, concerts and outdoor dining apps has jumped in the second half of this year with the lifting of social distancing rules, data showed Monday. NHN Data, a unit of leading South Korean information technology company NHN Corp., analyzed app usage trends among 28 million Android [...]

More People Using Apps for Leisure Activities as Social Distancing Rules Lifted

More People Using Apps for Leisure Activities as Social Distancing Rules Lifted

SEOUL, June 15 (Korea Bizwire) — More people are using apps for leisure activities such as movie-watching, outdoor dining and travel since the government scrapped most COVID-19 social distancing restrictions, data showed Tuesday. Local market analysis firm IGA Works analyzed some 2 billion data records from 40 million mobile devices between May 2020 and May [...]

Subway Train Information Offered via Kakao App

Subway Train Information Offered via Kakao App

SEOUL, March 25 (Korea Bizwire) — The Korea Railroad Corp. (KORAIL), a state-run railway operator, said Thursday it will share important information on subway train operations with KakaoMetro subway navigation app starting from Thursday. In case subway train operations are suspended due to accidents or natural disasters, KORAIL will provide emergency notice on the affected [...]

Growing Number of Self-employed Adopt Startup Technologies

Growing Number of Self-employed Adopt Startup Technologies

SEOUL, March 8 (Korea Bizwire) — An increasing number of self-employed people who lag behind in information capability compared to large businesses are adopting startup application services designed to help the operation of restaurants and stores. Dodo Cart, a restaurant inventory management app operated by local startup Spoqa, provides an analytical report on the details [...]