Shinhan Financial Group is buying a to-be-completed Amazon fulfillment center in the United States in cooperation with IGIS Asset Management, a Seoul-based property investor with $27 billion under management.
Amazon has partnered with SK Telecom to directly ship products to Korean consumers. SK Telecom announced Monday that under the partnership, Korean consumers will be able to purchase Amazon products on the 11st website.
Naver and Coupang, Korea’s two largest digital platforms by number of transactions, are borrowing from each other's success stories — by getting into the rapid delivery game for Naver, and by beefing up digital content for Coupang.
An abbreviated version of a film starring the rookie boy band P1Harmony will be streamed on Amazon Music in the United States on Nov. 7, the band’s agency FNC Entertainment announced Thursday.
Amazon Global Selling Korea plans to offer more support to sellers looking to offer their products on its international store in collaboration with the government.
Products from small Korean companies are to be pushed globally via Amazon and other online malls with support from the government. The goal is to help smaller Korean companies hit by the economic impact of the pandemic.
The National Tax Service (NTS) has reportedly collected 150 billion won ($125.3 million) in back taxes from Amazon Web Service Korea, the full amount it reported the company owed last year.
Beauty company Aekyung Industrial launched its own Amazon page today as it bets on the e-commerce giant for its big push to lead the Korean beauty market in the United States.