online shopping Archives | Be Korea-savvy
Online Shopping Hits Fresh High in 2022 on Travel Demand

Online Shopping Hits Fresh High in 2022 on Travel Demand

SEOUL, Feb. 1 (Korea Bizwire) — Online shopping in South Korea reached a new record in 2022 following firm demand for travel services amid eased concerns over the pandemic, data showed Wednesday. The value of online shopping transactions stood at 206.4 trillion won (US$167.3 billion) in 2022, up 10.4 percent from the previous year, according [...]

Online Shopping Up 7.3 pct in Nov. on Higher Travel Demand

Online Shopping Up 7.3 pct in Nov. on Higher Travel Demand

SEOUL, Jan. 3 (Korea Bizwire) — Online shopping in South Korea increased 7.3 percent on-year in November on the back of higher demand for travel and transportation services, data showed Tuesday. The value of online shopping transactions came to 18.12 trillion won (US$14.2 billion) in November, compared with 16.8 trillion won tallied a year earlier, [...]

Online Shopping Up 11.8 pct in Sept. on Travel Services

Online Shopping Up 11.8 pct in Sept. on Travel Services

SEJONG, Nov. 1 (Korea Bizwire) — Online shopping in South Korea advanced 11.8 percent on-year in September as the demand for travel services increased on eased COVID-19 restrictions, data showed Tuesday. The value of online shopping transactions came to 17.45 trillion won (US$12.2 billion) in September, compared with 15.6 trillion won tallied a year earlier, [...]

Online Shopping Up 8.8 pct in July amid Eased Virus Curbs

Online Shopping Up 8.8 pct in July amid Eased Virus Curbs

SEOUL, Sept. 1 (Korea Bizwire) — Online shopping in South Korea rose 8.8 percent on-year in July as eased COVID-19 restrictions bolstered demand for travel and leisure services, and online grocery shopping continued to grow, data showed Thursday. The value of online shopping transactions came to 17 trillion won (US$12.6 billion) in July, compared with [...]

Brand Value of Online Shopping Malls Drops in Post-pandemic Era

Brand Value of Online Shopping Malls Drops in Post-pandemic Era

SEOUL, July 1 (Korea Bizwire) — Fierce competition in the online shopping industry, which enjoyed massive growth during the pandemic, is resulting in declining brand value for some of the major players, an appraisal website showed Thursday. Brandstock, a South Korean market research firm that determines rankings of the top 100 local brands, said in [...]