South Korea’s ride-hailing industry is entering a new battleground as Kakao Mobility and Uber launch competing membership services. Both companies are pivoting toward subscription-based models, betting that paid loyalty programs will secure repeat customers and provide stable, recurring revenue streams. Kakao’s Dual Approach Kakao Mobility, the market leader, introduced Kakao T Members on August 27 with two distinct tiers: Mobility Plus (4,900 won / US$3.5 per...
Read moreSouth Korea’s ride-hailing industry is entering a new battleground as Kakao Mobility and Uber launch competing membership services. Both companies are pivoting toward subscription-based models, betting that paid loyalty programs will secure repeat customers and provide stable, recurring revenue streams....
Read moreSouth Korea’s Ministry of Science and ICT has launched an official investigation into suspected cyber intrusions at telecom operators KT Corp. and LG Uplus. The move comes amid growing concerns over vulnerabilities in the country’s communications infrastructure, following revelations of...
Read moreHanwha Life has introduced a new insurance product designed to strengthen protection against serious illnesses, with a particular focus on cancer, brain, and heart diseases. Launched on September 1, the “Hanwha Life H Health Plus Insurance” provides end-to-end coverage,...
Read moreLG Uplus has unveiled “AI Universe,” a new initiative designed to make artificial intelligence (AI) more accessible to the public in South Korea. The platform is being developed in collaboration with both domestic and international AI companies and organizations to...
Read moreSouth Korean retail investors have poured more than $12 billion into U.S.-listed cryptocurrency companies in 2025, reflecting a strong appetite for digital assets despite regulatory uncertainty and market volatility. According to data from 10x Research, this surge is reshaping...
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