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AI & Enterprise

ESTsoft launches AI shopping assistant with CJ Olive Young

ESTsoft said on Tuesday it will launch a kiosk-style AI shopping assistant with CJ Olive Young. The companies will first introduce it at three stores that draw many foreign visitors: Dongdaemun History and Culture Park Station, Apgujeong Central and Ewha Central. The assistant is based on ESTsoft’s real-time conversational AI avatar service, Perso Interactive, and is tailored for retail and the K-beauty market. It supports eight languages and offers personalised recommendations.

Games & Commerce

Musinsa posts Q1 operating profit of 19.0 billion won, up 8.2 percent on year

Musinsa said on Tuesday it posted first-quarter consolidated revenue of 363.6 billion won and operating profit of 19.0 billion won, with revenue up 24.1 percent and profit up 8.2 percent from a year earlier, its best-ever first-quarter result. On a standalone basis, it reported revenue of 335.0 billion won and operating profit of 27.5 billion won. It recorded a standalone net loss due to interest expenses from accounting for RCPS as liabilities.

Finance

Shinhan Bank expands financing support for Kia sales network, launches BaaS-based platform loans

Shinhan Bank will expand financial support for Kia’s nationwide Auto Q service centers and sales dealerships through a Banking as a Service-based platform. The bank said it signed an agreement with Kia at Kia360 in Seoul on May 11 and will launch a platform-based loan product. The initiative aims to build digital financial infrastructure, link financial and non-financial data, simplify loan procedures and provide tailored services and on-site support.