SEOUL, Apr. 5 (Korea Bizwire) – South Korean consumers have been rapidly embracing Chinese e-commerce platforms like Alibaba’s AliExpress and Pinduoduo’s Temu, lured by steep discounts and aggressive promotional campaigns. However, this surge in popularity has not come without concerns over product quality, delivery delays, and regulatory compliance. AliExpress, a subsidiary of the Chinese tech giant [...]
SEOUL, Mar. 29 (Korea Bizwire) — Complaints filed against AliExpress, the e-commerce retail platform of China’s Alibaba Group, in South Korea nearly tripled in 2023 from a year earlier, a state-run consumer organization said Friday. The number of complaints submitted to the Korea Consumer Agency (KCA) against AliExpress jumped to 673 last year from the [...]
SEOUL, Mar. 28 (Korea Bizwire) – South Korea’s e-commerce market has become the battleground for a high-stakes investment war between domestic giant Coupang and Chinese powerhouse AliExpress, as both companies aggressively pursue market dominance. The clash intensified after AliExpress, owned by the Alibaba Group, announced plans to invest $1.1 billion (1.5 trillion won) in South Korea [...]
SEOUL, Mar. 27 (Korea Bizwire) – While giants like E-Mart are trimming their workforces, a clutch of discount retailers led by chains like Daiso and Chinese e-commerce platforms like AliExpress and Temu are aggressively hiring in South Korea. Their lure? Offering consumers unbeatable value for money on a wide range of merchandise. According to figures released [...]
SEOUL, Mar. 22 (Korea Bizwire) – As Chinese e-commerce giants like AliExpress and Pinduoduo make deeper inroads into South Korea’s online shopping market, calls are intensifying for policies to shield domestic industries and consumers from what is seen as an onslaught by the global e-commerce behemoths. “With the growth of South Korea’s online shopping market already [...]
SEOUL, Mar. 15 (Korea Bizwire) – The Alibaba Group, parent company of the online shopping platform AliExpress, has announced its intention to set up an integrated logistics center in South Korea by the end of this year, sparking interest in the location and structure of the new facility. Logistics experts suggest that, given the lengthy process [...]
SEOUL, Mar. 13 (Korea Bizwire) — South Korea’s antitrust regulator said Wednesday it will strengthen the monitoring of unfair business acts by foreign platform operators and equally apply relevant domestic laws to them for swift and stern punishment for any illegalities. They are part of a set of measures presented by the Fair Trade Commission [...]
SEOUL, Mar. 8 (Korea Bizwire) – In a strategic move to expand its distribution channels, CJ CheilJedang, a major South Korean food company, has launched its popular products, including Hetbahn rice dishes, Bibigo dumplings and beef bone soup, and Gourmet Chinese meals, on K-Venue, the dedicated Korean product category on Alibaba Group’s e-commerce platform, AliExpress. Starting [...]
SEOUL, Mar. 7 (Korea Bizwire) – In a striking surge, Chinese e-commerce companies are rapidly expanding their foothold in the South Korean market, leveraging ultra-low pricing as their primary strategy. Data from application and retail analysis service WiseApp reveals that these platforms are witnessing unprecedented growth in user numbers. As of last month, AliExpress, a leading [...]
SEOUL, Feb. 19 (Korea Bizwire) – The aggressive entry of Chinese e-commerce companies into the South Korean market, leveraging ultra-low prices, has raised concerns over their compliance with local laws. Criticisms are mounting as these firms are accused of frequently making use of advertisements that violate regulations through mobile applications and other digital channels, and showing [...]