SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s advertising market continued its shift toward digital platforms in 2024, with online ad spending rising sharply while traditional broadcast advertising declined, according to a joint report released Thursday by regulators and industry officials. Data from the Korea Communications Commission and the Korea Broadcast Advertising Corporation showed that online [...]
SEOUL, Aug. 11 (Korea BIzwire) — Citizens shared real-time footage of weather and road conditions across the country through online platforms as Typhoon Khanun passed over the Korean peninsula. Naver Corp. introduced a new ‘typhoon’ page on its weather tab, hosting an open chatroom where participants can instantly share various instances of damage. By Thursday [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea’s antitrust regulator said Friday it will seek to take punitive actions against unfair business activity by online platform operators in a bid to protect contractors and consumers. The Korea Fair Trade Commission (KFTC) plans to submit a bill designed to prevent unfair business activity by online platform [...]
SEOUL, July 30 (Korea Bizwire) — Retail sales in South Korea expanded 4.6 percent in June from a year earlier despite the new coronavirus pandemic as more people purchased groceries and home appliances through online platforms, data showed Thursday. The combined sales of 26 major offline and online retailers reached 11.14 trillion won (US$9.32 billion) [...]