SEOUL, April 6 (Korea Bizwire) — Online shopping in South Korea grew 15.2 percent on-year in February as more people bought products via e-commerce platforms amid the pandemic, data showed Tuesday. The value of online shopping transactions stood at 13.7 trillion won (US$12.2 billion) in February, compared with 11.9 trillion won the previous year, according [...]
SEOUL, March 5 (Korea Bizwire) — Online shopping in South Korea grew more than 20 percent in January from a year earlier as the protracted pandemic promoted more people to buy products via e-commerce platforms, data showed Friday. The value of online transactions stood at 15.1 trillion won (US$13.3 billion) in January, up 22.4 percent [...]
SEOUL, Feb. 22 (Korea Bizwire) — Competition is heating up among South Korea’s major online shopping site operators to speed up their delivery services. A substantial number of online shopping malls are looking for ways to provide same day delivery to their customers, as well as next day delivery like Coupang’s Rocket Delivery service. South [...]
SEOUL, Feb. 19 (Korea Bizwire) — Three major online shopping site operators have been ordered by a South Korean court to pay compensation for discrimination against visually-impaired people. In a collective suit filed against SSG.com, Lotte Mart and e-Bay Korea by about 960 visually-impaired people, the Seoul Central District Court ruled partially in favor of [...]
SEOUL, Feb. 3 (Korea Bizwire) — Online shopping in South Korea hit a fresh record high in December as more people purchased products via e-commerce platforms amid tougher virus curbs caused by the pandemic, data showed Wednesday. The value of online transactions stood at 15.9 trillion won (US$14.2 billion) in December, up 26.1 percent from [...]
SEOUL, Jan. 22 (Korea Bizwire) — Brick-and-mortar malls are introducing various new services including electric vehicle (EV) charging stations, currency exchange, and even used phone purchases to survive the fierce competition they are engaged in with online shopping portals. Major discount store chain operators including Lotte Mart, E-Mart, and Homeplus all currently operate EV charging [...]
SEOUL, Jan. 5 (Korea Bizwire) — Online shopping in South Korea hit a record high in November as more people bought products via e-commerce platforms amid the new coronavirus pandemic, data showed Tuesday. The value of online transactions stood at 15.1 trillion won (US$13.8 billion) in November, up 17.2 percent from the previous year, according [...]
SEOUL, Dec. 9 (Korea Bizwire) — Cafe24, a provider of web hosting and e-commerce solutions, said Tuesday it had launched a real-time integration partnership with Facebook Shops. Facebook Shops refers to an e-commerce service that integrates shopping malls with Facebook and Instagram. If users click the button below production information updated by Facebook or Instagram, [...]
SEOUL, Dec. 3 (Korea Bizwire) — Online shopping in South Korea grew 20 percent in October from a year earlier as the new coronavirus outbreak prompted people to buy goods via e-commerce platforms, data showed Thursday. The value of online transactions stood at 14.2 trillion won (US$12.9 billion) in October, compared with 11.9 trillion won [...]
SEOUL, Nov. 12 (Korea Bizwire) — When South Korean consumers buy daily necessities at online shopping malls, they tend to care about price and attempt to buy large quantities at bargain prices. However, when they buy high-priced items, they are more likely to splurge without caring much about price. eBay Korea analyzed sales data from [...]