SEOUL, Nov. 23 (Korea Bizwire) — Shared beauty salons, a new concept in which a handful of hairdressers work as independent businesses at a single beauty salon, are enjoying rising popularity. Unlike existing beauty salons where the owner hires some hairdressers, a shared beauty salon refers to a shared service in which an owner operates [...]
SEOUL, May 21 (Korea Bizwire) — South Korea will seek law revisions to allow the operation of sharing economy ventures, such as shared kitchens and shared lodgings for locals, in a bid to expand horizons for the emerging business model, the prime minister’s office said Thursday. During a policy coordination meeting presided over by Prime [...]
SEOUL / SAN FRANCISCO, Aug. 5, 2019 (Korea Bizwire) — (via Blockchain Wire) - CPUcoin, the sharing economy for CPU/GPU power, is excited to announce its upcoming Initial Exchange Offering (“IEO”) of its CPUcoin (CPU) utility token on ProBit Exchange. The first-round offering will begin sharply at 9 AM KST on August 14, 2019. ProBit is a rapidly [...]
SEOUL, Jul. 16 (Korea Bizwire) — Leading businesses in the sharing economy such as Uber and Airbnb are taking center stage in the controversy that has erupted over the future of these types of enterprises in South Korea, which many believe is due to strong opposition from older companies. The Korea Development Institute conducted a [...]
SEOUL, Jul. 12 (Korea Bizwire) — The Ministry of Science and ICT has received a special regulatory exemption to test run an app-based voluntary taxi-sharing service. Kornatus, a South Korean taxi-sharing service provider, will test run an application app that hails taxis with other passengers who are going to a similar destination. Between 10 p.m. [...]
SAN FRANCISCO, Jun. 12 (Korea Bizwire) — -(via Blockchain Wire)- CPUcoin (cpucoin.io), developers of the sharing economy for CPU power, today announced a partnership with QoinPro, the innovative multi-wallet provider of AirDrop services and auto-earning technology. The companies have created a broad reaching partnership to accelerate CPUcoin’s DService (Decentralized Server Application) platform and conduct an [...]
SEOUL, Apr. 11 (Korea Bizwire) — Starting in June, customers are expected to be able to charge shared electric bicycles or kickboards at GS25 convenience stores. GS25 announced on Wednesday that it will set up an electric bicycle and kickboard charging service facility at its stores in partnership with the shared micro-mobility integrated platform “GoGoSing.” [...]
SEOUL, Feb. 14 (Korea Bizwire) — A total of 2.9 million tourists used Airbnb Inc., a global house-sharing platform, last year, up 56 percent from a year earlier, the company said on Thursday. Seven out of 10 Airbnb users, or some 2.02 million, were locals, with some 156,200 Chinese tourists to South Korea staying at [...]
SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s finance minister said Wednesday that local carpooling services will only get off the ground after an understanding is reached between Kakao Mobility Corp. and representatives from the taxi industry. The comments by Hong Nam-ki came nearly two weeks after a taxi task force decided to join a [...]
SEOUL, Jan. 10 (Korea Bizwire) – The South Korean government held a conference on Wednesday to discuss various issues involving shared economy of space, finance, and knowledge. The government decided to come up with measures to stimulate the sharing economy of space to reduce unnecessary costs. For instance, sharing a parking space reserved for a [...]