South Korea Ad Spend Rises 20.4% in 2021 – Digital Ads Make up Majority of Spend for the First Time

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“Cheil Worldwide has released its annual assessment of ad spend in South Korea finding that the total spending on advertisements in the country in 2021 was KRW 13.98 trillion, (USD$11.6 billion) marking a 20.4% increase over the previous year.”
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