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SK Telecom Launches New ‘Untact’ O4O Platform

SK Telecom Launches New ‘Untact’ O4O Platform

SEOUL, Sept. 14 (Korea Bizwire) — As the coronavirus continues to rage on, mobile carriers are scrambling to launch so-called ‘untact’ O4O (online-for-offline) platforms. In July, South Korea’s top mobile carrier SK Telecom Co. launched ‘T-world Friends’, a web page dedicated to logistics network management for affiliated stores struggling with a recent plunge in revenue. [...]

Untact Shopping Vendors Spread as Coronavirus Pandemic Drags On

Untact Shopping Vendors Spread as Coronavirus Pandemic Drags On

SIHEUNG, Sept. 9 (Korea Bizwire) — So-called ‘untact’ shopping venues are increasing in number as social distancing is gaining public awareness. The store owner of a local fashion vendor in Siheung, Gyeonggi Province introduced an unmanned checkout system, allowing customers to select clothes and then wire their payment to a designated bank account for self-checkout. [...]

Daegu to Hold ‘Untact’ Marathon

Daegu to Hold ‘Untact’ Marathon

DAEGU, Aug. 28 (Korea Bizwire) — The city of Daegu plans to use so-called ‘untact’ (contactless) means to hold a half-marathon race. Daegu’s Dalseo District announced Thursday that it will hold the Untact Dalseo Half-Marathon Contest from Sept. 27 to Oct. 17. With an annual festival held every September, race organizers needed to come up [...]

Retailers Speed Up Introduction of Automated Checkout

Retailers Speed Up Introduction of Automated Checkout

SEOUL, July 24 (Korea Bizwire) — With the coronavirus pandemic increasing demand for so-called ‘untact’ consumption, retailers are scrambling to introduce unmanned checkout services. E-Mart Inc., South Korea’s largest discount store chain by sales, currently operates some 700 unmanned checkout kiosks across 110 stores, or 78 percent of all E-Mart stores nationwide. After first introducing [...]

SK Telecom Announces Big 3 Distribution Innovation Plan

SK Telecom Announces Big 3 Distribution Innovation Plan

SEOUL, July 20 (Korea Bizwire) — SK Telecom Co. will remodel its distribution system to meet so-called ‘untact’ demand. South Korea’s top mobile carrier by subscribers announced Sunday its Big 3 Distribution Innovation Plan that focuses on premium online-to-offline (O2O) services, stronger protection of customer data, and unmanned stores for the latter half of this [...]

Naver, Other ‘Untact’ Stocks’ Market Value Tops 100 tln Won

Naver, Other ‘Untact’ Stocks’ Market Value Tops 100 tln Won

SEOUL, July 13 (Korea Bizwire) — A combined market value of Naver Corp., South Korea’s top internet portal operator, and other so-called ‘untact’ stocks, such as Kakao Corp., have seen their combined market cap surpass the 100-trillion won (US$83.27 billion) mark for the first time amid the novel coronavirus outbreak. The market capitalization of the [...]

POSCO’s New Work-from-Home Policy Raises Profile of ‘Untact’ Corporate Culture

POSCO’s New Work-from-Home Policy Raises Profile of ‘Untact’ Corporate Culture

SEOUL, July 6 (Korea Bizwire) — POSCO has introduced South Korea’s first ‘work-from-home policy for childcare without career interruption’ this month, raising the likelihood of a transformation in work culture across South Korean businesses. The steelmaker began receiving registrations for the work-from-home program from all employees with childcare needs. The program allows any employee with [...]

Gov’t Gears Up to Develop “Smart Shopping Centers”

Gov’t Gears Up to Develop “Smart Shopping Centers”

SEOUL, June 17 (Korea Bizwire) — The Ministry of SMEs and Startups has unveiled a trial project to develop 20 general shopping centers into “smart shopping centers” using a wide variety of Fourth Industrial Revolution technologies. The ministry released the list of shopping centers it had selected as smart shopping centers on Tuesday, including one [...]