SEOUL, Nov. 5 (Korea Bizwire) – The average wedding gift money in South Korea has risen to 90,000 won, reflecting a 23% increase since 2021, according to recent data analysis by KakaoPay of its digital money transfer envelope service. The mobile payment provider’s analysis, released on November 4, shows a steady upward trend in wedding gift [...]
SEOUL, Apr. 24 (Korea Bizwire) – According to a survey conducted by the e-commerce platform Tmon from April 15 to 21, involving over 500 customers, gift cards and e-coupons emerged as the most desired gifts for Parents’ Day, excluding cash, with 22% of respondents favoring them. Fresh produce, such as fruits and meat, secured the second [...]
SEOUL, March 9 (Korea Bizwire) — Money spent on one’s significant other for birthdays and anniversaries has jumped in the last 12 months, a survey showed Wednesday. Matchmaking agency Gayeon conducted a survey of 1,000 single men and women between 25-39 years of age, with respondents spending an average of 280,300 won (US$211) on their [...]
SEOUL, Jan. 5 (Korea Bizwire) — Genesis BBQ Co., the operator of BBQ Chicken, a South Korean fried chicken franchise, said Thursday it will provide free fried chicken for a year to an American couple who sheltered a group of Korean tourists stranded in a blizzard last month. “Genesis BBQ will gift the Alexander and [...]
SEOUL, Nov. 23 (Korea Bizwire) — With the passing of a hiring freeze brought on by the onset of the COVID-19 pandemic, South Korea’s major companies have resumed open recruiting in full swing this year, with their welcome gifts for new employees drawing significant attention. CJ ENM’s commerce division prepared Apple Watch models as welcome [...]
SEOUL, Aug. 18 (Korea Bizwire) — Convenience store operators are competing over rather unusual luxury gifts with the Chuseok holiday just around the corner. Stores expect that consumers will replace gifts with luxury goods as many are bound to spend the Korean Thanksgiving holidays indoors and engage in so-called ‘revenge spending.’ GS25 released a 2.03-carat [...]
SEOUL, May 4 (Korea Bizwire) — ‘Cash’ was the most wanted gift both to receive and give on Parents’ Day (May 8), a survey showed Monday. TMON Inc., a major e-commerce operator, conducted a survey of 700 customers, 60 percent of whom picked hard cash as the most desirable gift on Parents’ Day, while another [...]
SEOUL, Feb. 10 (Korea Bizwire) — In the midst of an increase in the number of South Korean consumers who are opting to send gifts rather than visit their hometowns during the Lunar New Year holiday due to the COVID-19 pandemic, young and middle-aged consumers showed significantly different buying habits when it comes to Lunar [...]
SEOUL, Aug. 21 (Korea Bizwire) — With a growing number of South Koreans engaging in so-called ‘untact’ (contactless) transactions, mobile gift certificates or e-coupons are gaining popularity as gifts for the upcoming Chuseok holidays. Lotte ON, Lotte Shopping Co.’s integrated online shopping website, conducted a survey of 3,000 customers, 50.1 percent of whom picked e-coupons [...]
SEOUL, March 13 (Korea Bizwire) — Samsung Group has distributed gifts to all staff and associates currently under quarantine or working from home due to the coronavirus. The company said on Thursday that it has sent out gifts to 2,500 employees currently under self-quarantine and 5,000 working from home, including 1,800 pregnant women, among 18 [...]