SEOUL, Sept. 3 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Sunday it will sell more vehicles directly to customers from this month through the online sales platform as part of its efforts to boost sales. On top of three models available online — the GM Chevrolet brand’s [...]
SEOUL, May 28 (Korea Bizwire) — The sales workforce at South Korea’s retail stores continued to decline in the past four years on increased online transactions amid the COVID-19 pandemic, government data showed Sunday. The number of newly hired salespeople at offline outlets fell 13 percent, or 393,000, to 2.64 million in April this year [...]
SEOUL, March 2 (Korea Bizwire) — Ford Motor Co. is considering selling its vehicles online in South Korea from next year as its rivals increasingly adopt the online sales system to boost sales in Asia’s fourth-biggest economy, the chief of its Korean operations said Thursday. Ford Korea Managing Director David Jeffrey commented on the U.S. [...]
SEOUL, Nov. 22 (Korea Bizwire) — The pandemic has prompted many shoppers to make their purchases online, resulting in booming online sales across the retail landscape with the exception of a few regulated fields. The value of online shopping transactions stood at 46.9 trillion won (US$40.8 billion) in the April to June period of this [...]
SEOUL, Aug. 24 (Korea Bizwire) — With the new ‘contactless’ culture that has settled in with COVID-19, cars are beginning to be sold online, sparking a nationwide controversy as online car shopping is threatening the livelihood of offline dealers. Gwangju Global Motors, a firm jointly established by Hyundai Motor Co. and the southwestern city of [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s craft brewers, which are now in a life or death situation due to the onset of the COVID-19 pandemic, are urging the government to allow online sales of their craft beers. The Korea Craft Brewers Association recently issued a statement urging the government to clear the way [...]
SEOUL, Oct. 4 (Korea Bizwire) — The number of people caught selling illegal drugs online jumped 1.6 times in the last year, data showed Friday. According to a report to the National Assembly, the Korea Communications Commission said 31.2 percent of all drug-related offenders used the Internet in the first five months of the year [...]
SEOUL, Mar. 12 (Korea Bizwire) – A rising trend of cost-emotiveness, or satisfaction to value for money paid, is fueling online sales of small consumer electronic goods in South Korea, a report by a local shopping mall said Sunday. According to Emart Mall, sales of electronic appliances from Jan. 1 through March 4 surged 50 [...]
SEOUL, Jul. 31 (Korea Bizwire) — The center of the South Korean distribution industry is shifting from mega-sized retailers and department stores to easily-accessible convenience stores and online sales at an unexpected pace. The sales growth rate of large-sized retailers and department stores in the first half of the year remained stagnant, but convenience stores [...]
SEJONG, Oct. 4 (Korea Bizwire) – Online shopping in South Korea soared at the fastest clip in more than four years in August as the scorching heat in the summer encouraged more people to enjoy internet and mobile shopping, a government report showed Tuesday. Total online transactions reached 5.58 trillion won (US$5.01 billion) in August, [...]