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 [...]
SEOUL, April 3 (Korea Bizwire) — Online shopping in South Korea rose 7.5 percent on-year in February on the back of the surge in demand for travel services on growing outdoor activities following eased COVID-19 restrictions, data showed Monday. The value of online shopping transactions amounted to 16.94 trillion won (US$12.85 billion) last month, compared [...]
SEOUL, March 22 (Korea Bizwire) — The rapid growth of online shopping triggered by the pandemic has led to significant drop in the number of sales workers in South Korea. The number of sales workers stood at 2,628,000 last month, down 92,000 from a year ago, and the number of such workers has been on [...]
SEOUL, March 3 (Korea Bizwire) — Online shopping in South Korea surged 6.3 percent on-year in January as the purchase of travel services more than doubled on eased COVID-19 restrictions around the globe, data showed Friday. The value of online shopping transactions amounted to 17.91 trillion won (US$13.64 billion) last month, compared with 16.8 trillion [...]
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 [...]
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, [...]
SEOUL, Dec. 1 (Korea Bizwire) — Online shopping in South Korea advanced 8.2 percent on-year in October as demand for travel and transportation services increased on eased COVID-19 restrictions, data showed Thursday. The value of online shopping transactions came to 17.71 trillion won (US$13.5 billion) in October, compared with 16.3 trillion won tallied a year [...]