Korea

Korean eGrocer Kurly Expects $2.5B in GMV

Korean eGrocer Kurly Expects $2.5B in GMV
Korean eGrocer Kurly Expects $2.5B in GMV
January 18, 2022  |  Cross-border Payments

As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6...

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LG Adds More Unmanned Retail Shops to Meet Contactless Shopping Desires
LG Adds More Unmanned Retail Shops to Meet Contactless Shopping Desires
December 29, 2021  |  Retail

LG Electronics is expanding the number of its unstaffed retail stores from the original nine, which opened in May, to 19 as of Wednesday (Dec....

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South Korean Unicorns Spark Interest in IPOs
South Korean Unicorns Spark Interest in IPOs
December 22, 2021  |  IPO

Private investors have contributed historic amounts of cash to South Korean startups that have moved on to unicorn status — startups valued at over $1...

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App Developers Ask Korea To Probe Apple, Google’s In-App Purchase Policies
App Developers Ask Korea To Probe Apple, Google’s In-App Purchase Policies
August 19, 2020  |  Legal & Regulation

Korean startups are petitioning the government to look into whether Google and Apple have been violating laws related to in-app purchases, the Korea Herald reported....

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EBay Wants To Sell Off S Korean Unit
EBay Wants To Sell Off S Korean Unit
March 03, 2020  |  Partnerships

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. Get the Full Story Complete...

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LINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
LINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
December 09, 2019  |  Payment Methods

LINE Pay Taiwan and iPASS Corp. have formed a collaboration with four major international payment brands to facilitate cross-border payments, the companies said in a...

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Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund
Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports...
October 30, 2019  |  Bitcoin

The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services....

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Bitcoin Daily: Gun Sellers Turn To Crypto, Bitcoin Makes Divorces Even Messier
Bitcoin Daily: Gun Sellers Turn To Crypto, Bitcoin Makes Divorces Even Messier
February 27, 2018  |  Bitcoin

It was a good day for bitcoin, CNBC reported. In late morning trading on Monday (Feb. 26), the cryptocurrency jumped to nearly $10,300. While there...

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