SEOUL, Jan. 18 (Korea Bizwire) — The share of SNS among the whole time spent on the 50 most used apps in Korea is 40.3 percent, according to an announcement from Ranky.com, a market research company, on January 16. The company analyzed app usage times for the 50 most used apps by 60,000 mobile device users [...]
SEOUL, Jan. 16 (Korea Bizwire) – After the official launch of Naver’s Web Novel only two years ago, there are signs that the platform is succeeding in supporting writers, and helping them to earn a considerable amount of income. According to Naver, the web novel platform now features 109 official writers and around 110,000 amateur [...]
SEOUL, Jan. 6 (Korea Bizwire) – Naver is planning to maximize the revenue of webtoon creators by enforcing a PPS (Page Profit Share) strategy, the company said on January 5. PPS is a business strategy introduced by Naver in 2013. It is designed to maximize the exposure of character products and paid content based on webtoons. [...]
TOKYO, Dec. 16 (Korea Bizwire) – LINE Corporation, owner and operator of the free call and messaging app LINE, today announced the release of a new update for the app, version 4.8. Included as a new feature in this update, the mobile payment service “LINE Pay” has now been released globally.1 LINE is used in a [...]
“Beginning in December this year we will launch Line Pay in Japan. With this payment service, we will strengthen the shopping unit of Naver. Google considers Amazon as its biggest rival. It shows how much attention Internet companies pay to shopping services.” “The major money-making businesses on the Internet are advertising and shopping. In order [...]
LOS ANGELES, Nov. 20 (Korea Bizwire) — LINE Webtoon, the popular webcomic service available on smartphones, tablets and web browsers, has officially launched Challenge League, a new feature that allows for artists to submit their webcomics for a chance to become an official LINE Webtoon artist. Challenge League is free for webcomic fans and aspiring [...]
SEOUL, Nov. 23 (Korea Bizwire) – As Naver, Korea’s largest online portal, launches a new “O2O” platform service to challenge “YellowID” of Daum Kakao, it is expected that competition in the area of O2O marketing will get fiercer. O2O marketing, or online-to-offline marketing, provides more personal experience by bringing people from online networks to offline networks by connecting [...]
SEOUL, Nov. 21 (Korea Bizwire) – Naver, the largest portal site in South Korea, held a conference on the mobile business for advertisers and marketers to share best practices in its service sector. It unveiled a new advertising service, the user interface for search ads optimized for mobile devices, a new platform for off-line businesses [...]
![[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market](http://koreabizwire.com/wp/wp-content/uploads/2014/11/online-realtor-800x565.jpg "[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market")
SEOUL, Nov. 17 (Korea Bizwire) — A business model called “KakaoTalk Real Estate” is attracting keen interest among real estate industry participants as it is offered much lower rates than currently charged by agents. Amid a controversy following an announcement by the government that it would force the current brokerage commissions to be cut by [...]
SEOUL, Nov. 5 (Korea Bizwire) – Naver, the largest portal site in South Korea, plans to continue to operate a pilot scheme of “task-oriented free work schedule” until the end of this year. The company announced on November 3 that it would prolong the scheme with the goal of implementing an official flexible work-hour plan [...]