SEOUL, Apr. 11 (Korea Bizwire) – Chinese online shopping platforms, such as AliExpress and Temu, have experienced a remarkable surge in sales, with an increase of over 130% in just six months since their entry into the South Korean market. The data reveals that transactions under 30,000 won accounted for the majority of sales, at 78% [...]
SEOUL, Apr. 10 (Korea Bizwire) — South Korea is in talks with China and Japan to hold a long-stalled trilateral summit of their leaders around May 26-27, a news report said Wednesday. The three countries have entered into final consultations about holding the three-way summit in South Korea late next month, according to the Japanese [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korea is in talks with China and Japan to set a specific date to host a long-stalled trilateral summit next month, a foreign ministry official said Friday. “We are currently discussing the date of the summit in Seoul, and we will let you know the specific date as [...]
YONGIN, Apr. 3 (Korea Bizwire) — Fu Bao, a giant panda born in Everland, was set to be returned to China on Wednesday under an international agreement, nearly four years after she was born. Everland, the nation’s largest amusement park, located in Yongin, 42 kilometers southeast of Seoul, said it will hold a farewell ceremony [...]
SEOUL, Apr. 1 (Korea Bizwire) — Most South Korean users of recently burgeoning Chinese e-commerce platforms were dissatisfied with various aspects of their services despite their competitive pricing, a poll showed Monday. In the poll conducted by the Korea Chamber of Commerce and Industry recently on 800 consumers with experience using either AliExpress, Temu or [...]
SEOUL, Mar. 28 (Korea Bizwire) – In a heartwarming moment caught on camera, South Korean soccer captain Son Heung-min rushed toward the “Inside Cam” of the Korea Football Association’s YouTube channel after scoring during Sunday’s World Cup qualifying match against Thailand in Bangkok. With a beaming smile, Son exclaimed “Welcome back Jun-ho!” – a celebratory tribute [...]
SEOUL, Mar. 25 (Korea Bizwire) — South Korean football player Son Jun-ho returned home Monday after being detained in China for around 10 months, authorities here said. Son, a national team veteran who plays for Shandong Taishan in the Chinese Super League, had been held in Liaoning province since last May on alleged bribery charges. The Korea [...]
SEJONG, Mar. 25 (Korea Bizwire) – Over the past five years, South Korean customs authorities have seized imported counterfeit goods worth over 2.1 trillion won, with products originating from China accounting for a staggering 1.8 trillion won, highlighting an influx of intellectual property violations. According to data from the Korea Customs Service released on Friday, the [...]
SEOUL, Mar. 14 (Korea Bizwire) – In recent years, the gaming industry in South Korea has seen a surge in competition from foreign companies, particularly from China. This trend has been gaining momentum as Chinese firms have expanded their capabilities and competitive edge, largely due to the restrictions on Korean companies entering the Chinese market imposed [...]
SHENYANG, Dec. 27 (Korea Bizwire) – A wild Amur leopard was found dead, apparently killed by an Amur tiger, in the northeastern region of China, local media outlets including Sohu News reported on December 25. According to the reports, a netizen posted a video on December 23 showing the adult leopard lying lifeless in the snow, [...]