E-commerce company 11st said Wednesday its transactions selling overseas goods jumped 350 percent from Aug. 31 through Sept. 6 compared to the same period a month ago.
Retail giant Amazon started a new service for Korea Tuesday through 11st, an online shopping platform controlled by SK Telecom.
CJ Logistics is teaming up with SK Energy to use its gas stations as local fulfillment centers.
SSG.com, Emart’s online shopping platform, said Friday it has started preparing for an initial public offering (IPO).
Coupang Inc., the U.S. parent of the Korean e-commerce company, reported a second-quarter net loss of $518.6 million Wednesday, falling far short of expectations.
CJ Logistics reported 49.4 billion won ($43 million) net profit in the second quarter, up more than 30 percent on year.
More online fashion companies are targeting consumers in their 40s and 50s, as people in this age group are shopping online more due to the pandemic.
CU convenience stores are taking on e-commerce operators and giant retailers by allowing customers to buy more things from an app -- and delivering them to their doors for free.
TMON is postponing indefinitely its plan to go public.
Kurly—overnight delivery pioneer and operator of what it claims to be the No. 1 grocery shopping app in Korea—won’t be ringing the bell in New York.