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In Japan and Korea, women and less commonly men, give candy, chocolate or flowers to people they like. This chocolate is known as giri-choco, in Japan, from the words giri (obligation) and choco, a common short version of chokoreto, meaning chocolate. This is opposed to honmei-choco, which is given to a person that someone loves or has a strong relationship with. Friends (usually girls) exchange chocolate that is referred to as tomo-choco.
On a reciprocal day, called White Day on March 14, men are supposed to return the favour by giving something to those who gave them chocolates on Valentine's Day. Many men, however, give only to their girlfriends. Originally the return gift was supposed to be white chocolate or marshmallows (hence the name "White Day"). However, more recently men have taken the name to a different meaning, thus lingerie has become quite a common gift.
In Korea, there is also an additional Black Day, held on April 14, when males who did not receive anything for Valentine's Day gather together to eat Jajangmyun(Chinese-style noodles in black sauce). In South Korea, there's also Pepero Day, celebrated on November 11, during which young couples give each other romantic gifts.
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How did everyone spend Feb 14? It'll be nice to hear some short brief stories on what some of ya did. Spirit of sharing among friends ya? For me, i stayed in school to finish up a long queue of work to be done. Okok... i admit... and no 对象 also. Or maybe rather... no guts to ask? Who wants to share Jajangmyun with me on April 14?
wj