coronavirus pandemic Archives

Online Shopping Soars 27.5 pct in Aug. as Virus-wary Shoppers Stay Home

SEJONG, Oct. 5 (Korea Bizwire) — Online shopping soared 27.5 percent from a year earlier in August, data showed Monday, as the coronavirus pandemic prompted more shoppers to buy goods via e-commerce platforms. The value of online transactions came to a record high of 14.38 trillion won (US$12.29 billion) in the month, up 3.1 trillion [...]

Retail Sales Up 4.6 pct in June on Strong Online Demand

SEOUL, July 30 (Korea Bizwire) — Retail sales in South Korea expanded 4.6 percent in June from a year earlier despite the new coronavirus pandemic as more people purchased groceries and home appliances through online platforms, data showed Thursday. The combined sales of 26 major offline and online retailers reached 11.14 trillion won (US$9.32 billion) [...]