SYDNEY, Australia, Nov. 8 (Korea Bizwire) — SpeeDx have announced the signing of a further four distribution partners, in preparation to strengthen representation across Europe. Axonlab (Germany, Benelux and Switzerland), Vircell (Spain), Diamedica (Estonia, Latvia, and Lithuania) and Biomedica (Central Eastern Europe) each have a strong presence in their chosen markets and synergies with the [...]
SEOUL, July 13 (Korea Bizwire) – South Korea’s distribution industry has become heavily dependent on China for its profits, statistics indicated Wednesday, making them vulnerable to even political and social issues that can turn away consumers from the Asian neighbor. For Lotte Duty Free stores in Seoul, Chinese tourists accounted for 78 percent of its [...]
SEOUL, Feb.19 (Korea Bizwire) – JYP Entertainment announced that it has signed an agreement with CMC (China Music Corporation), the online music giant, to provide digital music exclusively. The contract is said to be worth 5.25 billion won, which is around 10 percent of 2014 sales. JYP officials explained that they signed a contract to [...]
SEOUL, Sept. 10 (Korea Bizwire) – As Homeplus has changed ownership from England’s Tesco to the all-Korean MBK Partners, the company seems to be planning an aggressive revamp of its business practices with a focus on improvements. This could lead to severe competition in the industry. Considering the past, MBK might try to elevate the [...]