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The combined number of local users on South Korean streaming services surpassed that of foreign platforms such as Netflix and Disney+, a survey showed Thursday, a sign of rapidly changing trends in the streaming service landscape. According to a survey conducted in March by data and insight aggregator Mobile Index, about 57 percent of some 20.1 million streaming service users in Korea were using domestic platforms su...

Naver and Kakao are bolstering their short-form video services, launching initiatives to compete with YouTube, which has dominated the domestic mobile platform market thanks to the popularity of its Shorts service, or videos with a maximum length of 60 seconds, according to industry officials Monday.

For the first time, YouTube Music has secured the position of the most popular music streaming platform in South Korea, surpassing …

AliExpress, an online direct purchase platform owned by Chinese e-commerce giant Alibaba Group, has revealed plans to invest 10 billion won ($7.6 million) in South Korea over the next three years to extensively regulate counterfeit goods sold on the platform, according to the firm on Wednesday. The announcement comes amid ongoing consumer complaints about counterfeit goods purchased through the platform since its off...

Popular South Korean over-the-top streaming services Tving and Wavve are reportedly seeking a merger, according to the media reports on Wednesday. Currently, entertainment giant CJ ENM owns Tving, while conglomerate SK Square runs Wavve. The two OTT brands are seeking a merger to increase their share of the local OTT market, aiming to clinch the deal in December, according to a local media outlet, citing industry sou...