SEOUL, March 5 (Korea Bizwire) – Online shopping sales in South Korea rose 12.1 percent on-year in January on the back of growing demand for tourism and transportation services ahead of the Lunar New Year holiday, data showed Tuesday. The value of online shopping transactions amounted to 20.28 trillion won (US$15.21 billion) in January, up [...]
SEOUL, Jan. 30 (Korea Bizwire) – The landscape of South Korea’s job market has shifted dramatically over the last decade, with a significant decline in the number of sales and retail positions, largely due to the growing dominance of online shopping over traditional stores. This shift has led to a noticeable reduction in personnel within the [...]
SEOUL, Jan. 3 (Korea Bizwire) — Online shopping sales in South Korea rose 13 percent in November on-year, driven by major sales promotional events, the statistics agency said Wednesday. The value of online shopping transactions amounted to a record high of 20.84 trillion won (US$15.89 billion) in November, up from 18.44 trillion won, according to [...]
SEOUL, Nov. 7 (Korea Bizwire) – A survey has revealed that deceptive ‘dark patterns’ persist at online shopping portals, leading consumers astray. Dark patterns refer to design and user interface techniques intentionally crafted to manipulate or deceive users into making specific choices or taking actions that may not be in their best interest. The Korea Consumer [...]
SEOUL, Sept. 4 (Korea Bizwire) — Online shopping in South Korea increased 9.1 percent on-year in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic normalcy. The value of online shopping transactions amounted to 18.9 trillion won (US$14.31 billion) in July, compared with 17.3 trillion [...]
SEOUL, Aug. 1 (Korea Bizwire) — Online shopping in South Korea moved up 7.7 percent in June from a year earlier on the back of a rebound in the demand for travel services, data showed Tuesday. The value of online shopping transactions amounted to 18.42 trillion won (US$14.41 billion) in June, compared with 17.1 trillion [...]
SEOUL, July 3 (Korea Bizwire) — Online shopping in South Korea rose 8.7 percent on-year in May on the stronger demand for travel services amid the eased COVID-19 restrictions, data showed Monday. The value of online shopping transactions amounted to 19.24 trillion won (US$14.6 billion) last month, compared with 17.7 trillion won tallied a year [...]
SEOUL, June 21 (Korea Bizwire) — In South Korea’s e-commerce market, a two-way race is currently underway between Coupang Inc. and Naver Corp. According to a survey conducted by local pollster Open Survey, which involved 2,500 male and female consumers aged between 20 and 59, Coupang was ranked as the most frequently used online shopping [...]
SEOUL, June 1 (Korea Bizwire) — Online shopping in South Korea jumped 6 percent on-year in April on high demand for travel and outdoor programs amid the eased COVID-19 restrictions, data showed Thursday. The value of online shopping transactions amounted to 17.86 trillion won (US$13.52 billion) in April, compared with 16.84 trillion won tallied a [...]
SEOUL, May 1 (Korea Bizwire) — Online sales of travel and transportation services more than doubled on-year in the first quarter of 2023 on eased COVID-19 restrictions, data showed Monday. The value of online transactions of travel and transportation services amounted to 5.51 trillion won (US$4.11 billion) during the January-March period, compared with 2.6 trillion [...]