SEONGNAM, April 25 (Korea Bizwire) — Naver Webtoon, South Korea’s leading webtoon platform, will expand its profit sharing model to bring in more creators to its service and diversify sources of income in the global market, its chief executive said Tuesday. The webtoon arm of portal operator Naver said its “page profit share” (PPS) program [...]
SEOUL, Feb. 8 (Korea Bizwire) — Subscription businesses first arose in the United States in the early 2010s after the global financial crisis. The subscription economy, referring to business models though which specific goods or services are provided on a regular basis for a monthly payment, is growing rapidly, more than tripling over the past [...]
![[Feature] Korean Edition of “The Big Issue” Proves Successful Social Enterprise Model](http://koreabizwire.com/wp/wp-content/uploads/2014/05/big-issue_korean.jpg "[Feature] Korean Edition of “The Big Issue” Proves Successful Social Enterprise Model")
SEOUL, May 13 (Korea Bizwire) – It has been four years since the Big Issue, a magazine published for giving the homeless the opportunity to earn their own money, came out in Korea. For these years, it is generally assumed the magazine has been a modest success. In the beginning, the magazine was sold about [...]
![[Kobiz Feature] LG Economic Research Institute Report: Cases of Business Model Innovation](http://koreabizwire.com/wp/wp-content/uploads/2014/01/5134654297_cb4487f426_z.jpg "[Kobiz Feature] LG Economic Research Institute Report: Cases of Business Model Innovation")
SEOUL, Korea, Jan 01 (Korea Bizwire) – In today’s marketplace in which companies fight tooth and nail to gain shares by any means, companies do everything to differentiate their products and services. But they face a situation where the room for differentiation is getting narrower. According to a report by global management consulting firm Frost & [...]