overseas direct purchasing Archives

Black Friday Looms Large for Overseas Direct Purchase Firms and Local Retailers

SEOUL, Nov. 21 (Korea Bizwire) – As November 24 or “Black Friday” inches closer, local retailers are rolling out limited time discounts in what is expected to be a boom year for overseas direct purchases. Overseas direct purchasing companies enable customers to procure goods at local prices and have their products shipped directly to their [...]

Yearly Trade Deficits Over 1 Trillion Won From Overseas Direct Purchasing

SEOUL, Sept. 28 (Korea Bizwire) – When it comes to overseas direct purchasing (ODC), there is too much coming in and not enough coming out, leaving yearly trade deficits of over 1 trillion won. According to the Science, ICT, Broadcasting, and Communications Committee of the central government, a report by the Korea Customs Service revealed [...]