SEOUL, April 1 (Korea Bizwire) — Online shopping in South Korea rose 13.7 percent on-year in February, led by solid demand for food delivery services, electronics goods and travel services amid the pandemic, data showed Friday. The value of online shopping transactions stood at 15.4 trillion won (US$12.6 billion) in February, compared with 13.6 trillion [...]
SEOUL, March 3 (Korea Bizwire) — A large number of high-priced apartment transactions using legally dubious methods have been uncovered. The Ministry of Land, Infrastructure and Transport said Wednesday it had investigated transactions of high-priced apartments with a value of more than 900 million won (US$747,630) made during the period from March 2020 to June [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s online food market jumped more than 35 percent to touch an all-time high in 2021 amid the coronavirus pandemic, data showed Monday. The value of online food transactions in Asia’s fourth-largest economy stood at 58.5 trillion won (US$48.8 billion) last year, up 35.3 percent from a year [...]
SEOUL, Feb. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in 2021, led by strong demand for food delivery services and electronics amid the pandemic, data showed Thursday. The value of online shopping transactions stood at 192.9 trillion won (US$160 billion) last year, up 21 percent from the previous year, [...]
SEOUL, Jan. 4 (Korea Bizwire) — Online shopping in South Korea hit a fresh record high in November, data showed Tuesday, in the latest sign that a growing number of people are using computers and mobile devices to buy things, ranging from clothes to electronic goods amid the prolonged COVID-19 pandemic. The value of online [...]
SEOUL, Dec. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in October on the back of solid demand for food delivery services and electronic goods amid the COVID-19 pandemic, data showed Friday, in the latest sign that a growing number of people are using computers and mobile devices to buy [...]
SEOUL, Oct. 26 (Korea Bizwire) — In the South Korean used car market, the share of transactions taking place directly between sellers and buyers turned out to be higher than that of transactions through dealers, indicating that consumer distrust of used car dealers is significant, a local industry association said Monday. The number of used [...]
SEOUL, Oct. 6 (Korea Bizwire) — South Korea’s internet banking services continued to grow in the first half, with the number of users and daily transactions rising to new highs, central bank data showed Wednesday. The number of internet banking users, including mobile banking, came to 186.5 million as of end-June, up 5.6 percent from [...]
SEOUL, Oct. 5 (Korea Bizwire) — Online shopping in South Korea grew 16.8 percent from a year earlier on solid demand for food delivery services and foodstuffs amid the protracted pandemic, data showed Tuesday. The value of online shopping transactions stood at 15.8 trillion won (US$13.3 billion) in August, compared with 13.5 trillion won the [...]
SEOUL, Sept. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in July on the back of strong demand for food delivery services and the purchase of foodstuffs amid the pandemic, data showed Friday. The value of online shopping transactions stood at 16.2 trillion won (US$14 billion) in July, up 24.9 [...]