SEOUL, April 4 (Korea Bizwire) – The South Korean government and Facebook Inc. joined hands on Tuesday to assist promising local startups in the virtual reality (VR) and augmented reality (AR) industries to gain access to the global market. Under an agreement signed between Facebook and the Ministry of Science, ICT and Future Planning, 10 [...]
SEOUL, March 8 (Korea Bizwire) – Only 70 people appeared at the Hyundai Motorstudio in Seoul on Tuesday for the company’s biannual recruiting information sessions, but another 40,000 job seekers were present in the room through their laptops and smartphones, via Facebook Live. This was the first time for the automaker to broadcast its job [...]
SEOUL, Feb. 20 (Korea Bizwire) – A new report has once again highlighted Naver’s dominant position in South Korea in terms of advertising revenue. MezzoMedia, a digital marketing agency, categorized revenue into three types – PC display ads (DA), mobile display ads, and video ads. For PC DA, which mainly include online banners, Naver outperformed [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans pride themselves on the world’s highest smartphone penetration rate at 96 percent. So which social networking platforms are most popular among Korean smartphone users? According to a recent study by market research firm Nielsen Koreanclick, 91.7 percent of mobile device users (Android smartphones only) made regular use [...]
SEOUL, Nov. 16 (Korea Bizwire) – Facebook Korea announced Tuesday the launch of its new “Business Hub”, a platform that will connect millions of global Facebook users with entrepreneurs and content developers from Korea. According to Dan Neary, vice president of Asia Pacific at Facebook, Facebook will be supporting SMEs, startups, and content developers so [...]
SEOUL, Nov. 3 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, and Facebook Inc. will set up a start-up incubator in South Korea early next year to encourage people to launch start-ups for telecom equipment, company officials said Thursday. Details of the planned incubator, which will be established during the first [...]
YONGIN, South Korea, Oct. 18 (Korea Bizwire) – Everland, Korea’s largest theme park and the crown jewel of Samsung C&T Corporation, became the first Korean business enterprise to exceed 4 million page likes on Facebook, which is roughly one fourth of Korean Facebook users (16 million). The park’s Facebook page was launched in January 2011, [...]
SEOUL, June 27 (Korea Bizwire) – Korea’s Fair Trade Commission (FTC) revealed Sunday that it has made adjustments to what it deemed as unfair clauses in the terms of service of four major social media platforms – Facebook, Instagram, Twitter, and KakaoStory. The four social media platforms did not clarify, in their terms of service, [...]
SEOUL, June 13 (Korea Bizwire) – Short messages that are popular on social media such as Facebook or Instagram are now being published as a book. Aurum, part of the Munhakdongne Publishing Group, recently published a book called “A Storytelling Woman” written by Cho Yumi. Cho has gained fame by posting short, poetic messages on Facebook [...]
SEOUL, May 31 (Korea Bizwire) – More South Koreans are using Naver Corp.’s group-interaction service BAND and Instagram, although Facebook is still the most popular social networking service (SNS) platform in the country, a survey showed Tuesday, signaling a shift in the local SNS landscape. According to the survey conducted by Digieco, an economic research institute run [...]