Over 50% of Naver Pay Transactions Made Outside of Naver Platform
For the first time, over 50% of payments through Naver Pay were made at external merchants outside of Naver’s platform. Naver Pay’s payment volume for Q1 was 19.6 trillion won,…
Korea Energy Agency Signs MOU on ‘Household Boiler Safety Management’ for Vulnerable Groups
The Korea Energy Agency and household boiler manufacturers KD Navien Co., Ltd. and Kiturami Co., Ltd. signed a business agreement on the ‘Household Boiler Safety Management Project’. The agreement aims…
Seegene Successfully Turns Profitable with Q1 Operating Profit of 14.8 Billion Won
Seegene’s Q1 sales increased by nearly 30% with operating profit and net income turning positive. Diagnostic reagent sales accounted for 83.2 billion won, up 30.4% from the same period last…
Seegene Successfully Turns to Profit with Q1 Operating Income of KRW 14.8 Billion
Seegene’s Q1 sales increased by nearly 30% year-on-year to KRW 116 billion ($103 million), with operating profit at KRW 14.8 billion and net income at KRW 28.9 billion. Diagnostic reagent…
Naver Pay’s External Payments Surpass 50%… Thriving ‘Beyond Naver’
Naver Pay’s external payments, made outside of Naver’s own platform, have exceeded 50% for the first time. The transaction volume for the first quarter was 19.6 trillion won, up 17.4%…
Korea Energy Agency Signs MOU for ‘Domestic Boiler Safety Management’ Targeting Vulnerable Groups
The Korea Energy Agency and domestic boiler manufacturers KD Navien Co., Ltd. and Kiturami Co., Ltd. signed a business agreement for the ‘Domestic Boiler Safety Management Project’. The project aims…
Seegene Successfully Turns to Profit with Q1 Operating Profit of 14.8 Billion Won
Seegene’s Q1 sales increased by nearly 30%, with operating profit and net profit turning positive. Diagnostic reagent sales grew by 30.4%, non-COVID diagnostic reagent sales by 37.5%, and extraction reagent…
Andong City Strengthens Cooperation with International Vaccine Institute (IVI) for Vaccine Industry Cluster
A 61-member delegation from the International Vaccine Institute (IVI) visited Andong City in South Korea, touring SK Bioscience’s vaccine manufacturing facility and the Animal Cell Demonstration Support Center. The visit…
Dalgaebi Kimchi Pop-up Store to Open at Shinsegae Department Store Gangnam Branch from May 16
Restaurant ‘Conference House Dalgaebi’ will operate a pop-up store for its kimchi brand ‘Dalgaebi Kimchi’ at the Shinsegae Department Store Gangnam branch from May 16th to 22nd. The pop-up store…
[MoneyTech] Sejong City’s Apartment Market Gains Attention Amid Presidential Election
As South Korea’s presidential election approaches, the real estate market in Sejong City is seeing a significant rebound. This is due to promises from candidates, including Lee Jae-myung of the…