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Wikipedia
Myeongdong is one of Seoul’s main shopping districts featuring mid- to high-price retail stores and international brand outlets. It is a particularly popular area for young people as a center for fashion and nightlife. Myeongdong is the ninth most expensive shopping street in the world in terms of floorspace rents. Myeongdong has four large department stores: Migliore, Lotte Department Store, Avatar, and High Harriet.

It is the center of major financial services and securities. Some of the major insurance, financial services companies, and investment firms that are headquartered in Myeongdong include Citibank, SK Corporation, Kookmin Bank, Korea Exchange Bank, Lone Star Funds, Sumitomo Mitsui Banking Corporation, AIG Korea Insurance, Hana Bank, and HSBC. Seoul's financial center is divided between here and Yeouido where the Korean Stock Exchange is located.

Myeongdong is the site of the Chinese Embassy, YWCA headquarters, UNESCO Hall, and the Myeongdong Cathedral — the oldest Catholic cathedral in Korea. Political demonstrations can sometimes be seen here.

The southern portion of Myeongdong is served by an eponymous station on Line 4 of the Seoul Subway, while the northern area is closer to Euljiro 1-ga Station on Line 2.