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Online Shopping Spending Picks Up After Social Distancing Rules Lifted

Online Shopping Spending Picks Up After Social Distancing Rules Lifted

SEOUL, May 24 (Korea Bizwire) — Online shopping spending increased after social distancing rules were lifted. According to the survey conducted jointly by local e-commerce platforms Gmarket and Auction of 5,320 customers, 51 percent of the respondents said their spending increased somewhat in May after social distancing rules were fully lifted, followed by 26 percent [...]

Young Single-person Households’ Spending on Drinking, Smoking and Lottery Tickets Up Sharply Post-pandemic

Young Single-person Households’ Spending on Drinking, Smoking and Lottery Tickets Up Sharply Post-pandemic

SEOUL, Feb. 3 (Korea Bizwire) — In the third quarter of last year, which marked the second year of the COVID-19 pandemic, single-person households consisting of young people under 40 years of age marked a sharp increase in their spending on drinking and smoking compared to a year earlier. This group’s monthly spending for purchases [...]

Koreans Increasingly Rely on Homewear, Home Cooking and Convenience Stores in Pandemic Era

Koreans Increasingly Rely on Homewear, Home Cooking and Convenience Stores in Pandemic Era

SEOUL, Nov. 24 (Korea Bizwire) — As people continue to stay indoors in the pandemic era, South Koreans have increasingly become used to so-called homewear, home cooking and going to convenience stores near home. Shinhan Card Co., a major credit card company, compared the monthly usage of cards in early 2019, prior to the pandemic [...]