SEOUL, Sept. 25 (Korea Bizwire) — Sales of imported commercial vehicles in South Korea rose 2.3 percent last month from a year earlier on robust sales of Mercedes-Benz trucks, an industry association said Friday. The number of newly registered imported commercial vehicles rose to 318 units in August from 311 a year ago, the Korea [...]
SEOUL, Sept. 23 (Korea Bizwire) — Chuseok, the Korean version of Thanksgiving, used to be by far the biggest shopping season for traditional markets nationwide, with marketplaces bustling with shoppers buying groceries for ancestral memorial rites, holiday dishes to share with families, and gifts for relatives and business partners. In recent years, the growing popularity [...]
SEOUL, Sept. 23 (Korea Bizwire) — The global TV market is expected to expand in the third quarter of the year due to pent-up demand amid the novel coronavirus pandemic, a report said Tuesday, boding well for South Korean electronics firms. Global TV shipments in the July-September period were estimated to reach 56.88 million units, [...]
SEOUL, Sept. 18 (Korea Bizwire) — Switch, a video game console developed by Japan’s Nintendo, is enjoying explosive growth in sales in South Korea due to the rapid increase in the number of users since the outbreak of the COVID-19 pandemic. According to IR data released by Daewon Media Co., a South Korean distributor of [...]
SEJONG, Sept. 16 (Korea Bizwire) — Lottery sales in South Korea hit a 15-year high in the first half of the year amid the economic fallout from the coronavirus pandemic, government data showed Wednesday. Sales of lottery tickets were tallied at 2.6 trillion won (US$2.2 billion) in the January-June period, up 11.1 percent from a [...]
SEOUL, Sept. 11 (Korea Bizwire) — A limited edition of Samsung Electronics Co.’s brand-new foldable smartphone Galaxy Z Fold 2 sold out in just four minutes in China. The South Korean tech giant held a pre-sales event for the Galaxy Z Fold 2 and the Galaxy Z Fold 2 Thom Browne Edition through its China online [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korean food delivery applications saw their sales hit a fresh high in August as more people refrained from dining out and stayed home amid the stricter social distancing scheme, data showed Tuesday. The combined transactions made through the country’s four major food delivery applications came to 1.2 trillion [...]
SEOUL, Sept. 7 (Korea Bizwire) — Car accessory sales are increasing as the coronavirus pandemic continues to rage on. It is assumed that people are spending more time in their vehicles to avoid physical contact. Online shopping giant 11st reported that over the past two weeks, sales of laptop/book stands for cars and multipurpose seat [...]
SEOUL, Sept. 7 (Korea Bizwire) — A person who reads math books for fun might have been regarded as eccentric in the past, but that is no longer the case – at least according to recent sales data from one of South Korea’s largest booksellers. The online bookstore Yes24 announced on Friday that sales of [...]
SEOUL, Sept. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 21 percent in August from a year earlier due to strong demand for German cars, an industry association said Thursday. The number of newly registered foreign vehicles rose to 21,894 units last month from 18,122 a year earlier, the Korea Automobile [...]