online retailers Archives | Be Korea-savvy
L’Oreal Buys S. Korean Online Retailer Nanda

L’Oreal Buys S. Korean Online Retailer Nanda

SEOUL, May 3 (Korea Bizwire) — French cosmetics giant L’Oreal said Thursday it will buy Nanda Co., one of South Korea’s leading online retailers, amid the global popularity of K-pop and Korean beauty items. L’Oreal said it will wholly purchase the makeup and fashion company, without disclosing the transaction price. It marks the French firm’s [...]

Close to 30% of Online Retailers Lack Secure Servers…Seoul E-commerce Center

Close to 30% of Online Retailers Lack Secure Servers…Seoul E-commerce Center

SEOUL, July 23 (Korea Bizwire) – Amid the situation where personal information breaches continue, online retailers are still negligent in managing their customers’ data. According to a data by the Seoul Electronic Commerce Center on July 22, a quasi-public organization established jointly by the Consumers Union of Korea and the Seoul City Government, based on a survey [...]

Customs Authority to Simplify Customs Clearance Process for Online Purchased Items

Customs Authority to Simplify Customs Clearance Process for Online Purchased Items

SEOUL, June 17 (Korea Bizwire) – The customs clearance procedure for goods bought from overseas online retailers will be simplified as of June 16. The Korea Customs Service announced on the 15th that it would introduce a new scheme from the next day for exempting the cumbersome import reporting process for goods worth less than US$100 (less [...]