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Games & Commerce
Korean apps' overseas downloads hit 1.8 billion, more than 2.5 times domestic
Mobile applications developed in South Korea recorded 1.8 billion downloads overseas last year, more than 2.5 times the 730 million downloads at home, Google Korea said, citing a Public First report. India led overseas downloads, followed by Indonesia and Brazil. The report also put South Korea first globally in active developers in 2025. It estimated Google Play and Android generated $69 billion in revenue for Korean app publishers and the economy in 2025.
Games & Commerce
Baemin lowers barriers for foreign tourists using delivery app
Baemin is moving to improve its service for foreign tourists as language and payment barriers are cited as obstacles to attracting overseas visitors. Operator Woowa Brothers said it signed an MOU with the Seoul Metropolitan Government on Aug. 5 to promote gourmet tourism and revitalise the local economy. Baemin will upgrade functions and the city will handle promotion and on-site guidance, including an August campaign at Yeouido and Ttukseom Hangang parks.
People
Samsung Ho-Am Awards to raise prize money to 500 million won
Prize money for the Samsung Ho-Am Awards will rise by nearly double from next year. The Hoam Foundation said on Tuesday it will increase the per-category prize for winners to 500 million won from the current 300 million won starting in 2027. Total prize money across six categories will expand to 3 billion won from 1.8 billion won. The increase will apply from the 37th awards in 2027.
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Crypto
Solana pushes plan to burn up to 9,000 SOL a day as vote nears
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Industry
China's AI Squared Robotics weighs Hong Kong IPO at near $3 billion valuation
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Crypto
Trump family's American Bitcoin pledges 38.6% of BTC holdings as collateral for mining rig purchases
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AI & Enterprise
U.S. weighs restricting China-made optical transceivers used in AI data centers
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Games & Commerce
Kakao Games sets rebound push with five new games, targets return to profit in Q1 2027
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Crypto
BlackRock buys $111.43 million worth of bitcoin, signaling growing institutional demand
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Crypto
Meme coin rebound hinges on DOGE, SHIB; analyst says chasing only new tokens is contradictory
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Crypto
Ethereum demand shifts from speculative trading to on-chain activity as staking surges
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Crypto
Hormuz Strait reopening hopes lift S&P 500 to record high, bitcoin stays rangebound
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Crypto
Sequans sells 1,200 bitcoins, pays down debt and moves to refocus on IoT semiconductors
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Crypto
Hashdex to shut bitcoin spot ETF and distribute cash to shareholders
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Crypto
Michael Saylor says Strategy and his bitcoin are separate, reviving sell-off row
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Industry
LG Electronics runs 'LG RONi' pop-up experience zones in Pangyo, Incheon and Gangnam
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AI & Enterprise
LG CNS designs airport AX plans for 14 airports, tests AI agent technology
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Telecommunications & Media
KT runs 'Minive X Mintraon' pop-up store in Hongdae