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 [...]
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 [...]