SEOUL, Oct. 11 (Korea Bizwire) — With South Korea on track to shift to a phase of ‘living with COVID-19’ and a gradual recovery of normal life, an increasing number of online shopping malls are strengthening their travel product offerings. Prior to the pandemic, travel was an important category in e-commerce business, accounting for a [...]
SEOUL, Oct. 5 (Korea Bizwire) — Online shopping in South Korea grew 16.8 percent from a year earlier on solid demand for food delivery services and foodstuffs amid the protracted pandemic, data showed Tuesday. The value of online shopping transactions stood at 15.8 trillion won (US$13.3 billion) in August, compared with 13.5 trillion won the [...]
SEOUL, Sept. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in July on the back of strong demand for food delivery services and the purchase of foodstuffs amid the pandemic, data showed Friday. The value of online shopping transactions stood at 16.2 trillion won (US$14 billion) in July, up 24.9 [...]
SEOUL, Aug. 4 (Korea Bizwire) — Online shopping in South Korea hit a record high in the second quarter as more people used e-commerce shopping platforms amid a contactless trend caused by the pandemic, data showed Wednesday. The value of online shopping transactions stood at 46.9 trillion won (US$40.8 billion) in the April-June period, up [...]
SEOUL, July 6 (Korea Bizwire) — Online shopping in South Korea hit a record high in May as more people used e-commerce shopping platforms amid the pandemic-induced contactless trend, data showed Tuesday. The value of online shopping transactions stood at 16.1 trillion won (US$14 billion) in May, up 26 percent from a year earlier, according [...]
SEOUL, July 5 (Korea Bizwire) — The Ministry of Oceans and Fisheries opened a ‘K-Seafood Hall’ at four major online shopping portals in China, the United States, Thailand, and Singapore on Monday as a platform for exporting South Korean seafood. K-Seafood Halls will open on China’s Taobao, H Fresh and Amazon in the U.S., and [...]
SEOUL, July 2 (Korea Bizwire) — South Korea’s major food companies are expanding direct sales through their own online shopping portals instead of using large discount stores or e-commerce platforms. CJ Cheiljedang Corp., the country’s leading processed foods maker, has been engaged in aggressive marketing, greatly expanding the scope of discount events since it upgraded [...]
SEOUL, June 21 (Korea Bizwire) — Nearly 8 out of 10 South Korean consumers have increased their online shopping during the coronavirus pandemic, a poll showed Monday. The survey of 1,000 local consumers, taken by the Korea Chamber of Commerce and Industry, showed 78.4 percent of the respondents saying their online purchases have risen since [...]
SEOUL, June 3 (Korea Bizwire) — Online shopping in South Korea increased 25.2 percent in April from a year earlier as more people used e-commerce shopping platforms amid a non-contact consumption trend caused by the pandemic, data showed Thursday. The value of online shopping transactions stood at 15.1 trillion won (US$13.6 billion) in April, up [...]
SEOUL, May 25 (Korea Bizwire) — South Korea’s major online shopping malls are fiercely competing to secure regular clients by providing free and easy return services. Shinsegae TV Shopping Inc., the home shopping arm of retail giant Shinsegae, introduced a new return service that uses convenience stores as a return channel earlier this month. The [...]