Search results for Korea Tourism Organization
Industry
Mobility platforms target festival, tourism demand to monetise movement data
With the May holiday period approaching, mobility platforms in South Korea are expanding into festivals and tourism to monetise accumulated movement data and user bases. Companies are linking data to local government event operations, shuttle services and foreign tourist group travel. TMAP Mobility is applying an AI festival-movement solution to a horticulture expo, while Kakao T Shuttle is adding event routes. Socar is running discounts in depopulating areas, and Whistle is expanding parking enforcement alerts.
Telecommunications & Media
Samsung, LG smart TVs seen as global distribution route for K-content as FAST emerges as alternative
A proposal has emerged to use Samsung and LG smart TVs already deployed worldwide as infrastructure to distribute Korean content globally. As plans to combine domestic streaming services into a single platform stall, free ad-supported streaming TV, or FAST, is gaining prominence. Speakers at a policy forum cited rapid growth forecasts for the global and domestic FAST markets and highlighted Korean TV makers\' large installed base. They also called for policy support, content localization funding and a unified control tower across ministries.
Finance
Hecto Financial enters prepaid payments for tourists with Japan strategic partner
Hecto Financial said it will target the prepaid payment infrastructure market for foreign tourists by partnering with a Japanese affiliate of the country’s top eSIM operator. The company said it signed an exclusive contract with K&2P, operator of the prepaid service Moripay for Japanese visitors to South Korea, and will officially launch the service for the summer holiday season. It plans to expand the model to Southeast Asia.
