SEOUL, Dec. 14 (Korea Bizwire) — Some brand-name shoes were more expensive when ordered abroad compared to local retailers, while most South Koreans still think it’s cheaper to buy foreign products overseas than in South Korea. The Korea Consumer Agency (KCA) said on December 13 that 11 of 18 foreign brand shoes were cheaper in [...]
SEOUL, Oct. 23 (Korea Bizwire) – Online shopping malls are planning big sales for November, a month that used to be a slow season but is turning out record sales from discounts, industry officials said Tuesday. EBay Korea racked up sales in November last year through its “Big Smile Day” discounts. Although it did not [...]
SEOUL, Oct. 22 (Korea Bizwire) — Online shopping sites are losing visitors, with the number falling by some 14 percent over the past two years, industry data showed Monday. The data counted 77.97 million people visiting the six major online shopping malls in September, down from 83.86 million in the same month last year. Compared [...]
SEOUL, Dec. 11 (Korea Bizwire) – Online payments using mobile devices have continued to rise in South Korea this year thanks to the widespread use of smartphones and easier transaction options tailored for tech-savvy consumers, industry data showed Friday. 11th Street and GMarket, the nation’s two leading open market operators, received about half of their [...]