So China, India, Malaysia, Thailand, Philippines, South Korea, down noticeably like five to 10 points. I was not expecting that. And it does suggest there's something in the usability that isn't yet flying in that region. Maybe it's to do with the number of languages there and the power of the recognition. But it's faltering in large parts of APAC in a way I wouldn't have expected it to. Bill Fisher:.
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| Oct 30, 2023
Growth in more mature markets like China and Australia will be low from now on, while consumers in South Korea and Japan will remain somewhat disinterested. Digital video viewership next year will be very high in South Korea (74.3% of the population), but sub OTT services have not caught on as deeply there as they have elsewhere. The same is true of Japan.
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| Dec 9, 2022
It helped tourists use their domestic wallets to make payments in South Korea, launched a digital storefront solution for brick-and-mortar businesses, rolled out end-of-year shopping campaigns with merchants across Asia-Pacific, and brought three of its mobile wallets to Thailand.
Article
| Aug 14, 2023
In June, YouTube announced it would launch its first official shopping channel for live commerce in South Korea, according to Yonhap as reported by Reuters. It doesn’t seem there are plans to launch live shopping channels in the US, but considering retailers like Walmart, Fanatics, and Amazon are also investing in livestreaming, it wouldn’t be surprising if YouTube brought its program stateside.
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| Aug 8, 2023
Asia-Pacific is well represented in the top 10, with the presence of Taiwan and South Korea along with China, Australia, and New Zealand. However, Japan and the countries of Southeast Asia are at the opposite end of the rankings. Digital transformation is at very different stages across the region.
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| Jan 9, 2023
Earlier in the year, Netflix also cut spending on US originals significantly, instead opting to focus on Korea and other south Asian countries that have produced hits like “Squid Game.” Now, Netflix can rely on countries without striking unions to produce popular content.
Article
| Jul 20, 2023
In context, South Korea passed a bill in September stopping the smartphone duopoly from forcing the use of their respective payment systems. Google’s pilot project allows apps like Spotify to present their own billing options alongside Google’s payment facility, giving Android users a choice on how they’d like to pay.
Article
| Mar 25, 2022
Competition in the VR/XR ecosystem is heating up, and strategic hardware-software alliances could accelerate competition for Apple's premium products.
Article
| Sep 6, 2023
State-owned entities in China, France, Germany, India, Japan, Russia, and South Korea have exploration licenses from the ISA, per Salon. Why we’re watching this: The decision about whether to mine the oceans will have major implications for mineral resources used in batteries for EVs, renewable energy systems, and electronics.
Article
| Apr 4, 2022
Additionally, Japan, South Korea, and India are also planning their own lunar missions, per Bloomberg. At the same time, 19 countries have joined the US’s proposed Artemis Accords, which would govern lunar activities, including allowing nations to carve out designated areas as “safety zones,” per Bloomberg.
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| May 19, 2022
South Korea followed soon after in 2015. South Korea held the third-highest penetration of ecommerce in the world up until 2022, when it was surpassed by Indonesia. The US took far longer to reach the milestone in 2019. The pandemic ushered many countries into the 10%+ club— Indonesia was the fastest market to take off. 11 countries shot past the threshold during the pandemic.
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| Jan 24, 2023
Medium-sized South Korea will hold its position in fifth place for several more years, then leapfrog into fourth place by 2025, thanks to its embrace of ecommerce over brick-and-mortar. Eventually, India will overtake both Japan and South Korea, but that will be far down the road. The Popularity of Ecommerce Remains Geographically Diverse.
Report
| Feb 2, 2022
In July, Nike opened a concept store in Seoul, South Korea, that includes QR code links to augmented reality (AR) experiences and a creative studio for influencers. Self-service kiosks outside stores: A third of retailers plan to invest in self-service kiosks or smart vending machines this year, according to a study by manufacturing solutions provider Jabil.
Report
| Oct 21, 2022
The news: Samsung’s South Korea-based Samsung Medical Center is taking a big step toward becoming a 5G-powered, robotics-enabled hospital by undergoing an infrastructure assessment via the HIMSS Infrastructure Adoption Model (INFRAM). What is INFRAM?
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| Nov 17, 2021
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| Oct 1, 2023
Source: Insider Intelligence | eMarketer
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| Oct 1, 2023
Source: Insider Intelligence | eMarketer
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| Oct 1, 2023
Source: Insider Intelligence | eMarketer
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| Oct 1, 2023
Source: Insider Intelligence
“But it’s facing more political pressure in the US, the EU, and even in places like [South] Korea, where both Apple and Google are facing limitations on their app stores and payments systems.”. Want to learn more about our analysts’ predictions around connected devices and mobile advertising? Check out our “Connected Devices in 2023” lookbook, made possible by InMobi.
Article
| Jun 27, 2023
While the “synergies” between the two could drive cost savings on marketing and overseas expansion in the long term, resale has much less of a foothold in South Korea, Japan, and many of the other markets Naver operates in—which means Poshmark might have a difficult time convincing international audiences to buy or sell on its platform. Go deeper: Read our report on US online fashion resale.
Article
| Oct 5, 2022
Caught in the middle: Semiconductors are a battleground between the US and China, which are competing to accelerate chip production to match up with Taiwan and South Korea as well as reduce reliance on foreign chips. AMD and Nvidia stocks were rocked by the news yesterday. AMD’s stock was down 5.1% and Nvidia’s shares plunged 10%, hitting a 52-week low.
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| Sep 2, 2022
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| Oct 1, 2023
Source: Insider Intelligence | eMarketer
Coca-Cola, Procter & Gamble, and Visa heavily advertised their sponsorship of the 2018 Winter Olympics in South Korea, but The Wall Street Journal notes that all three have chosen not to launch promotional campaigns in the lead-up to this year’s games. Analyst take: The tough spot for international brands isn’t exclusive to the Olympics, notes Dave Frankland, principal analyst at Insider Intelligence.
Article
| Feb 2, 2022
Uber has existing partnerships with taxi operations in Spain, Austria, Germany, Colombia, and South Korea. The bigger picture: Uber is reinventing itself into a super app that also handles groceries, ticket purchases, telehealth requests, and medical transportation.
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| Mar 28, 2022
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer