SEOUL, July 5 (Korea Bizwire) — The Ministry of Oceans and Fisheries opened a ‘K-Seafood Hall’ at four major online shopping portals in China, the United States, Thailand, and Singapore on Monday as a platform for exporting South Korean seafood. K-Seafood Halls will open on China’s Taobao, H Fresh and Amazon in the U.S., and [...]
SEOUL, July 2 (Korea Bizwire) — South Korea’s major food companies are expanding direct sales through their own online shopping portals instead of using large discount stores or e-commerce platforms. CJ Cheiljedang Corp., the country’s leading processed foods maker, has been engaged in aggressive marketing, greatly expanding the scope of discount events since it upgraded [...]
SEOUL, June 21 (Korea Bizwire) — Nearly 8 out of 10 South Korean consumers have increased their online shopping during the coronavirus pandemic, a poll showed Monday. The survey of 1,000 local consumers, taken by the Korea Chamber of Commerce and Industry, showed 78.4 percent of the respondents saying their online purchases have risen since [...]
SEOUL, June 3 (Korea Bizwire) — Online shopping in South Korea increased 25.2 percent in April from a year earlier as more people used e-commerce shopping platforms amid a non-contact consumption trend caused by the pandemic, data showed Thursday. The value of online shopping transactions stood at 15.1 trillion won (US$13.6 billion) in April, up [...]
SEOUL, May 25 (Korea Bizwire) — South Korea’s major online shopping malls are fiercely competing to secure regular clients by providing free and easy return services. Shinsegae TV Shopping Inc., the home shopping arm of retail giant Shinsegae, introduced a new return service that uses convenience stores as a return channel earlier this month. The [...]
SEOUL, May 6 (Korea Bizwire) — Online shopping in South Korea continued to soar in March as more people bought goods via e-commerce platforms amid a non-contact consumption trend caused by the pandemic, data showed Thursday. The value of online shopping transactions stood at 15.9 trillion won (US$14.1 billion) in March, up 26.4 percent from [...]
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 [...]