SEOUL, Feb. 4 (Korea Bizwire) – Young Toys, the largest toy maker in Korea, rang up 110 billion won in sales and 30 billion won in earnings before interest, taxes, depreciation, and amortization (EBITDA) last year thanks to hot sales of its Tobot series. This year, it aims to accumulate 150 billion won in revenue by [...]
SEOUL, Sep. 8 (Korea Bizwire) – It’s no news that South Korea’s birthrate is startlingly low: The fertility rate of 1.19 children per woman is the second lowest among OECD member nations. Even the headlines like ‘South Korea’s final day will come in 2750′ have popped up, jolting the nation’s policy makers to come up [...]
SEOUL, July 17 (Korea Bizwire) – Greencar, the official car sharing operator of Seoul, will introduce “Pororo Green Cars” for the first time in Korea. While the Korean automobile industry is actively promoting character marketing like Hyundai and Kia’s “Tobot” transformer series, the largest car sharing service provider in Korea will roll out car-sharing vehicles fully [...]