SEOUL, Feb. 8 (Korea Bizwire) – SSG.com has announced that it is replicating its in-store tasting experience with its new “Online Tasting Event.” Starting on February 7, the first 8,000 customers who spend over 60,000 won on dawn deliveries will receive one of three complimentary Nestle gifts, including KitKat Green Tea, KitKat Original, or Starbucks Powdered [...]
SEOUL, Feb. 5 (Korea Bizwire) – As consumers grapple with rising inflation and interest rates leading to a domestic slowdown, the recommerce market, involving the resale of used items and collectible goods like luxury and limited edition products, is gaining momentum. Estimates suggest that the domestic recommerce market has recently surpassed a value of 30 trillion [...]
SEOUL, Feb. 2 (Korea Bizwire) – Samsung Electronics’ latest AI-enabled smartphone, the Galaxy S24 series, has been found to have the lowest actual purchase price in South Korea compared to other countries worldwide. According to industry insiders, the actual purchase price of the Galaxy S24 Ultra 256GB, sold through Samsung.com at a listed price of 1.69 [...]
SEOUL, Feb. 2 (Korea Bizwire) — Emart24, a South Korean convenience store chain, said Friday it will open its first store in Cambodia in June as part of its global expansion strategy. Emart24 aims to increase the number of its convenience stores in Cambodia to 100 within five years, the company said in a statement. [...]
SEOUL, Feb. 1 (Korea Bizwire) – Complaints filed against AliExpress, the e-commerce retail platform of China’s Alibaba Group, in South Korea quintupled in 2023 from a year earlier, a local consumers’ association said Thursday. The number of complaints submitted to the Consumers Union of Korea (CUK) and the 1372 call center operated by the Korea [...]
SEOUL, Feb. 1 (Korea Bizwire) – A survey has highlighted significant concerns among Coupang’s warehouse workers regarding extreme working conditions, including heat, cold, and dust exposure. The Korean Confederation of Trade Unions (KCTU) held a press conference on January 31st in front of the Seoul Regional Employment and Labor Office to disclose the findings from a [...]
SEOUL, Jan. 31 (Korea Bizwire) — Sales of cigarettes in South Korea inched down in 2023 for the first time in four years, but demand for electronic cigarettes logged a marked growth, the finance ministry said Wednesday. South Koreans purchased 3.61 billion 20-cigarette packs last year, down 0.6 percent from the previous year’s 3.63 billion [...]
SEOUL, Jan. 30 (Korea Bizwire) – The landscape of South Korea’s job market has shifted dramatically over the last decade, with a significant decline in the number of sales and retail positions, largely due to the growing dominance of online shopping over traditional stores. This shift has led to a noticeable reduction in personnel within the [...]
SEOUL, Jan. 27 (Korea Bizwire) –Coupang’s innovative approach of integrating its services, particularly through bundled products linked with Rocket Wow benefits, has proven to be highly effective. This strategy has led to significant achievements in both the video streaming and food delivery markets, with Coupang Play securing the second position in South Korea’s streaming market, [...]
SUWON, Jan. 25 (Korea Bizwire) — Shinsegae Property has announced the upcoming grand opening of Starfield Suwon on January 26, heralding a new era of Starfield 2.0 tailored to the MZ generation (born early 1980s to early 2000s). Located in Jeongja-dong, Jangan-gu, Suwon, Starfield Suwon spans eight floors underground and eight above ground, with a total [...]