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Telecommunications & Media

LG Uplus boosts \'Uplus Two Plus\' Chuseok benefits, invites long-term customers to Hwadam Forest

LG Uplus is expanding shopping, outings and dining benefits under its \'Uplus Two Plus\' membership programme for Chuseok, it said on Sept. 7. The September package includes 53 partner offers and adds three new partners. Discounts and coupons will be available for grocery shopping and family leisure during the holiday period. The company will also invite 5,000 long-term customers to Hwadam Forest in Gwangju, Gyeonggi province, on Oct. 19.

Games & Commerce

Kakao prepares KakaoTalk-based integrated membership to bundle affiliate services

Kakao is preparing an integrated membership programme centred on KakaoTalk that links services and user benefits across its affiliates. Industry sources said the company is reviewing a membership covering shopping and commerce, mobility, content and entertainment, and finance and payments, with participation by key units under the new KakaoAI entity. Benefits and fees have not been set, and Kakao is also considering linking external services.

Finance

MyData market expands as Korea faces impact of consecutive base rate hikes

Korea\'s financial MyData service is set to expand beyond individuals to sole proprietors and small merchants, evolving from simple data checks to executing financial tasks. The Financial Services Commission plans to broaden the right to request transmission of credit information and to introduce a \"My AI agent\". Separately, the Bank of Korea has raised its base rate for a second straight month, adding to upward pressure on loan rates and borrowers\' interest burdens.