e-commerce Archives | Page 10 of 16 | Be Korea-savvy
Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

Startups, Large Corporations Compete for a Piece of “Side Dish” Pie

SEOUL, Sept. 27 (Korea Bizwire) — With an increasing number of South Korean women opting to work instead of staying at home, and as simple eating habits grow in popularity, e-commerce websites offering side dishes are making great strides. Last year, the market for online sales of side dishes surpassed 100 billion won, and with [...]

Lotte Set to Launch New Department to Boost E-commerce Business

Lotte Set to Launch New Department to Boost E-commerce Business

SEOUL, Jul. 30 (Korea Bizwire) — South Korea’s retail giant Lotte said Monday a new department in charge of the business group’s online businesses is set to be launched this week as the conglomerate revs up efforts to cope with the rapid expansion of the country’s online market. Earlier in May, Lotte unveiled the plan [...]

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 [...]

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 [...]