SEOUL, June 11 (Korea Bizwire) — South Korea’s major discount stores, convenience stores and e-commerce companies are making various attempts to shorten their delivery service time from one or a half day to as short as one to three hours or even 30 minutes. GS Retail Co., launched its ‘super-speed delivery’ service in January, using [...]
SEOUL, March 2 (Korea Bizwire) — South Korea’s online food delivery service market spiked nearly 80 percent in 2020 from a year earlier amid the coronavirus pandemic, government data showed Tuesday. The value of online food service transactions came to 17.4 trillion won (US$15.5 billion) last year, up 78.6 percent from the previous year, according [...]
SEOUL, Feb. 22 (Korea Bizwire) — Competition is heating up among South Korea’s major online shopping site operators to speed up their delivery services. A substantial number of online shopping malls are looking for ways to provide same day delivery to their customers, as well as next day delivery like Coupang’s Rocket Delivery service. South [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korean retailers are competing over same-day delivery as the coronavirus pandemic drags on. Demand for same-day delivery has been increasing among double-income households as it allows them to receive any delivery if ordered two or three hours before they get off work. The hypermarket chain Lotte Mart reported [...]
SEOUL, Nov. 23 (Korea Bizwire) — Amid the expansion of the delivery service market resulting from the spread of the COVID-19 pandemic, competition is heating up among South Korean delivery apps to speed up their delivery services. To this end, major delivery apps are doubling efforts to recruit enough delivery drivers. In August, the nation’s [...]
SEOUL, Sept. 17 (Korea Bizwire) — Germany-based online delivery service provider Delivery Hero, the operator of South Korea’s second-biggest food delivery app Yogiyo, introduced a new delivery service Yomart on Wednesday. Delivery Hero Stores Korea, a sister company to Delivery Hero, offers quick commerce (Q-Commerce) services based on warehouses located in the heart of the [...]
SEOUL, Aug. 7 (Korea Bizwire) — Kakao Corp., operator of South Korea’s largest messenger app, KakaoTalk, plans to introduce a new food delivery service, raising worries over the impact it may bring to the country’s delivery industry. NowBusking, a Korean startup that Kakao has made a significant investment in purchasing 26 percent of its shares, [...]
SEOUL, Aug. 4 (Korea Bizwire) — A convenience store franchise plans to hire local residents with ample knowledge about the neighborhood to deliver various products. GS Retail Co., an operator of the major convenience store chain GS25, will begin testing its new ‘Neighborhood Delivery’ service, which is open to all applicants without limits to time [...]
SEOUL, June 18 (Korea Bizwire) — A South Korean convenience store’s 24-hour delivery service, covering the wee hours of the morning, is becoming popular among customers. GS25, a major convenience store chain, announced on Wednesday that it compared the volume of orders between stores running a 24-hour delivery service and the ones offering a delivery [...]
SEJONG, June 4 (Korea Bizwire) — South Korea will allow consumers to get foreign currencies via a no-contact delivery service if they change the Korean won into foreign currencies through a digital platform, Finance Minister Hong Nam-ki said Thursday. The move is part of the government’s efforts to ease regulations as it seeks to revive [...]