Singapore’s MAS keeps the bar high for licenses, leading to the withdrawal of South Korea’s Kakao and Naver from the Republic.
Netflix's most-watched series in late November, "Hellbound", is making a splash on TV, but it first appeared on much smaller screens as an online comic, or "webtoon", optimised for smartphones. The webtoon format, which began in Korea two decades ago, has shaken up content creation for the movie industry around the globe. With relatively few overhead costs, webtoons have become a gold mine for tens of thousands of visual stories, with a growing number of adaptations on streaming services such as Netflix, Apple TV Plus and Disney Plus.
SEOUL (Reuters) -EBay will sell its South Korean business to Shinsegae Group's E-Mart Inc and web portal operator Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday. EBay Korea is the country's third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. E-Mart said in a regulatory filing it was talking with eBay but that nothing had been finalised.