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 [...]
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, [...]
SEOUL, Oct. 4 (Korea Bizwire) — Online shopping in South Korea rose 16 percent on-year in August on the back of surging demand for travel during the vacation season amid eased COVID-19 restrictions and growing grocery shopping for preparations for the Chuseok holiday, data showed Tuesday. The value of online shopping transactions came to 17.72 [...]
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 [...]
SEOUL, Aug. 1 (Korea Bizwire) — Online shopping in South Korea rose around 10 percent in June from a year ago as the lifting of COVID-19 restrictions boosted demand for travel and leisure services and food, data showed Monday. The value of online shopping transactions came to 16.8 trillion won (US$12.9 billion) in June, up [...]
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 [...]
SEOUL, July 1 (Korea Bizwire) — Online shopping in South Korea continued to increase in May as the lifting of virus curbs bolstered demand for travel and cultural services and foodstuffs, data showed Friday. The value of online shopping transactions stood at 17.3 trillion won (US$13.4 billion) in May, up 10.5 percent from the previous [...]
SEOUL, June 2 (Korea Bizwire) — Online shopping in South Korea continued to grow in April as eased virus curbs and the economic recovery boosted demand for travel services and foodstuffs, data showed Thursday. The value of online shopping transactions stood at 16.5 trillion won (US$13.2 billion) in April, up 11.9 percent from the previous [...]