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Veterinary Hospitals Hide Treatment Costs Until Procedure is Complete

Veterinary Hospitals Hide Treatment Costs Until Procedure is Complete

SEOUL, Jan. 2 (Korea Bizwire) — Veterinary clinics are less likely to announce the cost of treatment in advance, a recent report has revealed. According to a survey conducted by the Consumers Union of Korea (CUK) on 50 animal hospitals in the Seoul metropolitan area last month, the most expensive treatment item was related to [...]

Retail Industry Welcomes ‘Petfam’ Marketing with Open Arms

Retail Industry Welcomes ‘Petfam’ Marketing with Open Arms

SEOUL, Dec. 13 (Korea Bizwire) — With the growing number of “petfam” South Koreans who regard their companion animals as family members, the retail industry is also keen on various marketing campaigns to target this new demographic. Lotte Home Shopping Inc., a shopping unit of retail conglomerate Lotte, will present a unique mobile live broadcast [...]

Pets Drive Changes in Living Environment for Owners

Pets Drive Changes in Living Environment for Owners

SEOUL, Sept. 3 (Korea Bizwire) — The South Korean pet boom is leading to big changes in living environment for their owners. These changes are attributed to the growth in popularity of ‘petfam’, a combination of pet and family, in which people consider their dogs and cats as family members. Petfam shows great interest in [...]

Innovative Pet Insurance Plan Offers Point System for Health Goals

Innovative Pet Insurance Plan Offers Point System for Health Goals

SEOUL, Jul. 26 (Korea Bizwire) — Insurance services will provide point benefits on a trial basis within this year if companion animals achieve their target health goals. The Financial Services Commission (FSC) said Thursday it has designated five more innovative financial services, including point benefits for companion animals. To that end, insurtech startup SmallTicket will [...]