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S. Korean Cinemas See 70 pct Drop in Revenue due to Protracted Coronavirus Pandemic

S. Korean Cinemas See 70 pct Drop in Revenue due to Protracted Coronavirus Pandemic

SEOUL, Oct. 5 (Korea Bizwire) — The combined revenue for South Korean movie theaters declined by over 70 percent as the new coronavirus pandemic has continued for months, according to a lawmaker Monday. Cinemas across the country posted revenue of 415.1 billion won (US$356.9 million) in the first nine months of this year, more than [...]

State-led Sales Campaign Set to End, Department Stores Report Revenue Increase

State-led Sales Campaign Set to End, Department Stores Report Revenue Increase

SEOUL, July 12 (Korea Bizwire) — A state-led sales festival designed to boost spending amid the coronavirus outbreak was set to end Sunday, with major department stores posting an increase in revenue on high demand for luxury goods. But discount store chains and traditional markets did not see intended sales-boosting impacts due mainly to a [...]

E-Mart to Focus on Online Sales, Convenience Stores

E-Mart to Focus on Online Sales, Convenience Stores

SEOUL, Feb. 14 (Korea Bizwire) — E-Mart Inc., South Korea’s largest hypermarket chain, said Thursday that it aims to raise its online sales by 30 percent this year, and open more convenience stores. The retail giant, part of Shinsegae Group, also will further nurture its warehouse store, E-Mart Traders. The company expects its sales for [...]

Netflix Nears 1 Million Subscriber Milestone in S. Korea

Netflix Nears 1 Million Subscriber Milestone in S. Korea

SEOUL, Jan. 30 (Korea Bizwire) — A recent study revealed that U.S. media service provider Netflix Inc. has surpassed 10 billion won (US$8.9 million) in monthly revenue in South Korea. Wise App, a South Korean application analysis agency, said that as of December last year, there were 900,000 Netflix subscribers in South Korea, with monthly [...]

WillScot Corporation Provides 2019 Guidance and Reaffirms 2018 Guidance

WillScot Corporation Provides 2019 Guidance and Reaffirms 2018 Guidance

BALTIMORE, Jan. 8 (Korea Bizwire) — WillScot Corporation (“WillScot” or the “Company”) (NASDAQ: WSC) today provided guidance for 2019 and reaffirmed its guidance for the year ended December 31, 2018. 2019 guidance: Total revenue between $1.05 and $1.15 billion. Adjusted EBITDA1 between $345 and $365 million. Net capital expenditures2 (after gross rental unit sales) between [...]

Nanobiotix Revenues for the 3rd Quarter of 2018

Nanobiotix Revenues for the 3rd Quarter of 2018

Paris, France and Cambridge, Massachusetts, USA, Nov. 15 (Korea Bizwire) – NANOBIOTIX (Euronext: NANO – ISIN: FR0011341205), a late clinical-stage nanomedicine company pioneering new approaches to the treatment of cancer, today announces its unaudited revenues for the third quarter of 2018. Income Statement for the third quarter of 2018 In € Q3 2018 Q2 2018 [...]