The Korea Herald

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Lotte Duty Free halts sales to Chinese resellers

Lotte Duty Free has announced it will no longer sell its duty-free products to Chinese resellers, despite their significant purchasing power, according to industry sources. The decision, communicated to the resellers late last month, is the first of its kind among Korean duty-free operators and underscores Lotte’s efforts to recover profitability after years of cumulative losses. The resellers, known as “daigou,” first emerged in 2017 after China banned group tours to South Korea in response to

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YouthMeta unveils AI-powered crypto chart for beginners

South Korean crypto data aggregator YouthMeta announced Friday the launch of its Goya Smart Chart, an AI-driven tool designed to offer advanced investment strategies for cryptocurrency traders, particularly beginners. YouthMeta has provided a cryptocurrency price prediction service through its Goya Premium Chart, suggesting the best time to buy and sell the more than 200 crypto assets listed on leading crypto bourse Binance. Building on its predecessor, the new platform employs AI-powered supple

2026-06-30 23:02:59:00

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