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Retail & Consumer

Musinsa Beauty opens 1,320-sqm standalone store in Hongdae with 870 brands

Musinsa Beauty is launching a new offline experiment by working with a pharmacy. The company said on Wednesday it will open its first standalone offline store, “Musinsa Beauty Hongdae,” in Seoul’s Hongdae district on Sept. 11. The four-storey shop spans about 1,322 square metres and carries about 12,000 products from 870 brands. It includes a K-beauty-focused pharmacy and areas highlighting indie and niche brands.

Mobility

Kakao Mobility says Gangnam late-night autonomous driving data is competitive edge, to integrate E2E model this year

Kakao Mobility is shifting its autonomous driving development focus from collecting large volumes of driving data to selecting data from difficult situations, it said. Based on the data it has secured, the company plans to integrate perception and decision-making into a single end-to-end model within this year. An executive said the latest AI competition hinges on efficiently picking out hard data. The firm is classifying driving situations into five levels and prioritising rare edge-case data from higher levels.

People & Appointments

iM Financial, FSS Daegu-Gyeongbuk office to provide financial education for 100 young people

iM Financial Group will run an eight-week financial education program for 100 young people in the Daegu and North Gyeongsang region with the Financial Supervisory Service\'s Daegu-Gyeongbuk office. iM Financial Group\'s iM Social Contribution Foundation held a launch ceremony on Sept. 7 at iM Bank\'s second headquarters. The curriculum, based on a pre-survey, runs every Friday through November across three levels, with lecturers from iM Financial, the FSS office and the National Pension Service.