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Games & Commerce

Naver commerce tightens chase of Coupang, bolsters membership with lower Netflix upgrade fee

Naver is lowering Netflix upgrade fees for Naver Plus membership users from July 1, cutting the monthly cost of upgrading to Standard to 6,500 won from 8,000 won and Premium to 10,000 won from 11,500 won. The move follows rising new installs and monthly users for the Naver Plus Store app. Naver aims to strengthen lock-in by combining OTT, points, AI shopping and delivery within one membership.

Telecommunications & Media

Value-added telecom services revenue enters 500 trillion won range as digital platforms become part of daily life

South Korea\'s value-added telecommunications services kept growing, with 2024 revenue estimated at 502.9 trillion won, up 15.3 percent from a year earlier, a government survey showed. Digital platform services generated 161.5 trillion won, accounting for 32.1 percent of the total and rising 5.4 percent. The survey also found broad use of AI, big data and cybersecurity, and examined user behaviour across platform types and subscription-based bundling of OTT and e-commerce services.

Telecommunications & Media

Coupang Play to stream AFC Women\'s Champions League inter-Korean semi-final for free

Coupang Play said on Tuesday it will provide a free live broadcast of the AFC Women\'s Champions League semi-final between Suwon FC Women and North Korea\'s Naegohyang Women\'s Football Club. The match will be played on May 20 at 7 p.m. at Suwon Sports Complex. It will be available free to both Wow members and general members. It marks a first South Korea visit by a North Korean women\'s club.