SEOUL, Feb. 21 (Korea Bizwire) — Chinese e-commerce platform Temu has increased the scope of data required from its South Korean users to include addresses, phone numbers and customs codes, its new policy showed Friday. The updated privacy terms, which go into effect the same day, also require users to agree to transferring their data [...]
SEOUL, Feb. 10 (Korea Bizwire) – Chinese e-commerce platform Temu has been stepping up its preparations to directly enter the South Korean market since late last year, an industry source said Monday. PDD Holdings Inc.’s Temu is in the process of hiring Korean employees for human resources, administration, public relations, marketing and logistics functions, an [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s e-commerce sector saw a challenging 2024, with economic pressures leading to reduced consumer spending across platforms. Despite these headwinds and competition from Chinese e-commerce players like AliExpress and Temu, Coupang and SSG.com maintained strong customer loyalty, according to data released on January 26 by analytics firm IGAWorks. SSG.com [...]
SEOUL, Jan. 6 (Korea Bizwire) — Chinese businesses are making significant inroads into South Korea, diversifying their presence across retail, electric vehicles (EVs), e-commerce, and consumer electronics. This trend reflects a broader shift as Chinese companies seek to offset slowing domestic growth and navigate rising trade barriers in the U.S. and Europe. Retail Resurgence: Miniso’s [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korean regulators have blocked nearly 2,000 product listings from Chinese e-commerce platforms AliExpress and Temu since May, citing safety violations that threaten consumer well-being. This move underscores the growing challenges posed by cross-border e-commerce amid its meteoric rise in the country. A Surge in Unsafe Products From May to [...]
SEOUL, Aug. 14 (Korea Bizwire) — Women’s accessories, such as hats and sandals, sold on AliExpress, Temu and Shein, the biggest Chinese online retail platforms, have been found to contain toxic substances at up to 229 times higher than permitted levels, the Seoul city government said Wednesday. The city conducted safety examinations on 144 products [...]
SEOUL, July 25 (Korea Bizwire) – Chinese e-commerce platform Temu has reported that essential household items topped the list of most purchased products in its first year of operations in South Korea, according to a survey released on July 25. The study, conducted by Korea Gallup Research Institute on behalf of Temu, polled 1,026 adults aged [...]
SEOUL, Jul. 1 (Korea Bizwire) – South Korean e-commerce platforms appear to be regaining strength after facing intense pressure from Chinese competitors like AliExpress and Temu last year. This resurgence comes as concerns over the safety of low-cost Chinese products have risen, and domestic platforms have launched aggressive promotional campaigns to win back customers. According to [...]
SEOUL, May 7 (Korea Bizwire) – The relentless surge of Chinese e-commerce platforms like AliExpress, Temu, and Shein into the South Korean market, posing threats to domestic platforms, small businesses, and small manufacturers, appears to be losing momentum due to consumer dissatisfaction with shipping and returns, as well as repeated discoveries of hazardous substances including carcinogens [...]
SEOUL, May 2 (Korea Bizwire) — A kids’ activity kit being sold by a Chinese e-commerce giant has been found to contain lead about 158 times higher than permitted levels, the Seoul city government said Thursday. The city announced the findings after conducting safety tests on nine children’s products currently available for sale on AliExpress [...]