
How coronavirus made 2020 the year of the electric bike
Dec 30, 2020 00:16 am UTC| Business
Walking and cycling gained a higher profile than ever in 2020 as a result of the pandemic. Governments around the world encouraged individuals to go on foot or take their bikes where possible instead of using crowded...

WOW members to enjoy unlimited video streaming service via Coupang Play
Dec 29, 2020 23:53 pm UTC| Business
Subscribers to Coupangs WOW, a premium membership service, could now enjoy unlimited video streaming at no extra costs, with the launch of Coupang Play. The service is first made available for Android OS users, with...

FTC warned about danger of Delivery Hero operating Baemin and Yogiyo simultaneously
Dec 29, 2020 23:44 pm UTC| Business
A food delivery industry source warned the Korea Fair Trade Commission (FTC) that German firm Delivery Hero can delay the sale of Yogiyo and raise the market share of Baemin to the fullest while it operates both firms for...

S. Korea to scrutinize Google's plan to hike commission to 30%, other policies
Dec 29, 2020 23:40 pm UTC| Business
South Koreas Fair Trade Commission (KFTC) is hastening its examination of Googles new policy to increase commission to 30 percent for application transactions. The survey aims to study the effect of the increased...

Convenience store GS25 to offer tteokbokki for vegans
Dec 29, 2020 23:35 pm UTC| Business
Local convenience store chain GS25 will begin offering instant vegan tteokbokki products, which are 100 percent meatless and certified vegan by the Korea Agency of Vegan Certification and Services, a Ministry of Food and...

Korean Air, Asiana to integrate overlapping businesses
Dec 29, 2020 23:27 pm UTC| Business
With Korean Air and Asiana Airlines having overlapping businesses, the focus of the merger plans is on how the two companies can integrate efficiently. Hanjin Group, Korean Airs parent company, plans to run a separate...
Can employers require workers to take the COVID-19 vaccine? 6 questions answered
Dec 29, 2020 14:38 pm UTC| Business
Editors note: The Equal Employment Opportunity Commission, the federal agency in charge of enforcing laws prohibiting discrimination in the workplace, on Dec. 16 said that employers can require employees to get vaccinated...