WeMakePrice Archives | Be Korea-savvy
WeMakePrice Mulls Cryptocurrency Payments in Korea

WeMakePrice Mulls Cryptocurrency Payments in Korea

SEOUL, Jan. 30 (Korea Bizwire) — Social commerce service WeMakePrice is set to become the first South Korean shopping website to accept cryptocurrencies in South Korea. According to reports, WeMakePrice is in talks with cryptocurrency exchange Bitthumb to allow users to make payments with cryptocurrencies such as Bitcoin, which could see the website become the [...]

Online Shopping by Customers in Their 50s and 60s Surges

Online Shopping by Customers in Their 50s and 60s Surges

SEOUL, Jan. 10 (Korea Bizwire) – The upper middle-aged crowd in their 50s and 60s are figuring out this online shopping thing, and in the process, are recording massive boosts in spending on the internet. According to the results of an analysis of shopping patterns exhibited by clientele aged 50 and above, e-commerce website Wemakeprice [...]

Life Imitates Art as E-Commerce Company Wemakeprice Replicates “The Intern” by Hiring Seniors

Life Imitates Art as E-Commerce Company Wemakeprice Replicates “The Intern” by Hiring Seniors

SEOUL, Nov. 3 (Korea Bizwire) – To the Everyoung Korea Corp employees working at Wemakeprice, the Hollywood film “The Intern” starring Anne Hathaway and Robert DeNiro – featuring the latter as an elderly gentleman hired as an intern by an online shopping startup’s founder in Hathaway – must seem to be autobiographical to a certain [...]

Online Mall Sales Rise Due to Chinese Consumer Demand: Data

Online Mall Sales Rise Due to Chinese Consumer Demand: Data

SEOUL, March 6 (Korea Bizwire) – Sales of South Korea’s online shopping malls rose dramatically in recent months helped by the growing number of Chinese customers, data showed Monday, amid China retaliating against South Korea over Seoul’s plans to deploy an advanced U.S. missile defense system on its soil.  China has been retaliating against Seoul’s [...]

E-Commerce Industry Shackled in Ballooning Losses as Competition Stiffens

E-Commerce Industry Shackled in Ballooning Losses as Competition Stiffens

SEOUL, Feb. 14 (Korea Bizwire) – Despite the ballooning volume of e-commerce, deficits for online shopping malls are also bloating with even a rough estimate pointing to over 1 trillion won (US$876.88 million) last year, industry officials said Tuesday.  Industry records showed the country’s three leading social commerce sites — Coupang, Ticket Monster and WeMakePrice [...]