SEOUL, Dec. 28 (Korea Bizwire) — CU, a South Korean convenience store chain by BGF Retail, has launched a rental service for shopping bags. Now, instead of using plastic bags, customers can rent a large shopping bag for 500 won (US$0.45). Customers can get their money back by returning the bags to any CU store. [...]
SEOUL, Oct. 31 (Korea Bizwire) — Kia Motors Corp. will be launching two new “mobility programs,” making it easier for those who currently rent or own Kia vehicles on a long-term basis to have their existing vehicles replaced for newer models. Kia’s “switch” program caters to rentals of the car maker’s new K7 and Sorento [...]
SEOUL, May 22 (Korea Bizwire) – Last year, South Korea’s rental services market was estimated at 25.9 trillion won ($23.2 billion), up from 19.5 trillion won five years ago, according to the KT Economic Management Research Institute. By 2020, the market is expected to grow to a 40.1-trillion-won industry, researchers expect. The boon in the [...]
SEOUL, March 6 (Korea Bizwire) – Rental services, which in the past were typically limited to water purifiers or bidets in South Korea, are rapidly embracing other products. According to big data analysis firm Daumsoft, online mentions of “rental service” on blogs and Twitter more than doubled over the past three years from 75,300 in [...]
SEOUL, Nov. 17 (Korea Bizwire) – Incheon International Airport Corp. (IIAC) kicked off a clothes-sharing service, dubbed “Seinustar,” at the passenger terminal of Incheon International Airport, west of Seoul, on Thursday, an IIAC official there said. The service is designed to rent garments to foreigners visiting South Korea to help them travel easier with lighter [...]