E Commerce Archives | Page 2 of 20 | Be Korea-savvy

Archive by category E Commerce

Shoppers Turn to the Internet for Food Products

Shoppers Turn to the Internet for Food Products

SEOUL, Jul. 6 (Korea Bizwire) — An increasing number of South Korean consumers are rushing to online stores to buy fresh food products that have traditionally been purchased at large supermarkets or hypermarkets. According to mobile e-commerce company Ticket Monster, the company’s online “supermarket” that sells daily necessities via the Internet revealed today that fresh [...]

Low Prices Drive Interest in Overseas Direct Purchases

Low Prices Drive Interest in Overseas Direct Purchases

SEOUL, Jul. 4 (Korea Bizwire) — Cheaper prices are behind the increasing popularity of direct purchases of foreign merchandise from overseas vendors, according to a survey conducted by the Korea Consumer Agency that queried 1,000 adults over 20 years of age about their shopping habits. Among the respondents, 78.1 percent (multiple answers allowed) said that [...]

Distinct Patterns in Online Buying Behavior Detected

Distinct Patterns in Online Buying Behavior Detected

SEOUL, Jul. 2 (Korea Bizwire) – According to Shinsegae Mall, the top trending words for shopping in the first half of the year were “30s mom,” “mobile,” “fine dust products” and “shopping at 10 p.m.” The shopping mall giant announced women in their 30s were the top users of the company’s online shopping website. Sales [...]

Alibaba Vows Support for S. Korean Firms Wanting to Tap Chinese Market

Alibaba Vows Support for S. Korean Firms Wanting to Tap Chinese Market

SEOUL, Jun. 11 (Korea Bizwire) — Chinese commerce giant Alibaba Group said Monday it will lend full support to South Korean companies wanting to expand their presence in the world’s second-largest market. South Korea was the fourth-largest exporter on Alibaba’s cross-border e-commerce platform, Tmall Global, in 2017, following Japan, United States and Australia, the company [...]

Virtual Makeup at Your Fingertips

Virtual Makeup at Your Fingertips

SEOUL, May 15 (Korea Bizwire) — Hyundai Department Store announced on May 13 that it will be releasing a new virtual makeup service on its official online store, thehyundai.com. The major department store chain partnered with Meitu, China’s top app developer, to accelerate its efforts to lead a retail tech trend in Korea by making [...]

Lotte to Spend 3 tln Won on Boosting E-commerce Business

Lotte to Spend 3 tln Won on Boosting E-commerce Business

SEOUL, May 15 (Korea Bizwire) — South Korea’s retail giant Lotte said Tuesday it will inject 3 trillion won (US$2.84 billion) into the conglomerate’s e-commerce business in the next five years to cope with the rapid expansion of the country’s online market. As part of its plan, Lotte Shopping Co. said eight online malls that [...]