ecommerce Archives | Be Korea-savvy
The 1st Free Cross-border Ecommerce Library Available to Online Merchants

The 1st Free Cross-border Ecommerce Library Available to Online Merchants

AMSTERDAM, The Netherlands, Dec. 14 (Korea Bizwire) — Acapture, a global, data-driven omnichannel PSP, has released a complete library of free infographics for merchants, outlining the latest exclusive data for 31 of the world’s most exciting ecommerce markets. Online retailers, marketplaces, and other ecommerce merchants are given a competitive edge, instrumental in succeeding in today’s [...]

Customer Traffic Falling Fast at Online Shopping Malls

Customer Traffic Falling Fast at Online Shopping Malls

SEOUL, May 25 (Korea Bizwire) – Online shopping malls are fast losing customer traffic, industry data showed Thursday, compounding their massive business losses last year.  According to the data, the number of unique visitors to the six top online shopping sites totaled 84.86 million last month. This is 9.2 percent less than the same month [...]

South Korea’s $23-Billion Rental and Sharing Market Continues to Make Headway

South Korea’s $23-Billion Rental and Sharing Market Continues to Make Headway

SEOUL, May 22 (Korea Bizwire) – Last year, South Korea’s rental services market was estimated at 25.9 trillion won ($23.2 billion), up from 19.5 trillion won five years ago, according to the KT Economic Management Research Institute. By 2020, the market is expected to grow to a 40.1-trillion-won industry, researchers expect.  The boon in the [...]

S. Korea’s Online Sales Hit Record High in March

S. Korea’s Online Sales Hit Record High in March

SEJONG, May 4 (Korea Bizwire) – South Korea’s online sales continued their upbeat mode to reach a fresh record high in March amid recovering consumer sentiment, government data showed Thursday.  Total online transactions reached 6.33 trillion won (US$5.58 billion) in March, up 21.3 percent from 5.22 trillion won tallied a year earlier, according to the [...]

Internet New Battleground for Retailers as Industry Shifts

Internet New Battleground for Retailers as Industry Shifts

SEOUL, April 28 (Korea Bizwire) – The decline of the retail industry – that is, the brick-and-mortar portion of the market – is no secret.  In the U.S., major retailers have shuttered hundreds of stores over the past decade, including Sears and Kmart, which saw their numbers drop from some 3,800 to 1,430 stores over [...]

Online Shopping in S. Korea Hits Record High in Dec.

Online Shopping in S. Korea Hits Record High in Dec.

SEJONG, Feb. 3 (Korea Bizwire) – Online shopping in South Korea reached a fresh record high in December on the back of a steady upbeat trend of buying goods through computers and mobile phones, government data showed Friday.  Total online transactions reached a record 6.2 trillion won (US$5.4 billion) in December, up 15.4 percent from [...]

Emart to Push Forward with Online-to-Offline Service

Emart to Push Forward with Online-to-Offline Service

SEOUL, May 25 (Korea Bizwire) – In an effort to adapt to mobile shopping trends, Emart revealed Monday that it will start offering O2O (online-to-offline) services on May 26. The retailer will offer mobile product information, scan-delivery service, and a pilot operation of location-based service at its Seongsu branch. Emart’s mobile product information allows customers to [...]