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Finance

Woori Bank extends main partnership with LCK

Woori Bank said it has extended its main partnership contract with Riot Games for League of Legends Champions Korea, the country’s professional League of Legends league. Executives from both sides attended a signing ceremony in Seoul and agreed to continue the partnership that has run since 2019. The bank cited past initiatives including running a high school League of Legends league and sponsoring South Korea’s national esports team at the 2023 Hangzhou Asian Games. It plans further fan events this year.

Games & Commerce

Musinsa holds local networking event in Shanghai with Chinese government for K-fashion brands

Musinsa said on Jan. 13 it worked with the government of Shanghai’s Xuhui district to hold a local invitation event for partner brands. The two-day program on Jan. 9-10 invited about 40 brands that operate in its Musinsa Store Shanghai Anfu Road location. Musinsa and Xuhui jointly planned a program aimed at improving understanding of China’s fashion market and key commercial districts and expanding local business opportunities.

Games & Commerce

SSG.com runs SSG7 Club members-only discount deals permanently

SSG.com said on Tuesday it will permanently operate a members-only discount program called “SSG7 Club Special Price” for users of its grocery-focused SSG Seven Club membership. The program will offer weekly special-price items, mainly in fresh and processed foods and household goods, and will credit 7 percent of the payment amount as SSG Money. The membership costs 2,900 won per month and offers fixed 7 percent rewards on SSG Delivery purchases. First-time SSG Delivery orders rose about 60 percent from a year earlier during Jan. 8 to 11.