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Delivery boom ending as life returns to normal

According to Statistics Korea on Thursday, online shopping sales in April grew 11.9 percent year-on-year to 16.4 trillion won ($13 billion). On month, the total declined 4.5 percent.

2022-06-02

Online shopping sales increase 11.5 percent in January on year

Online shopping sales in Korea rose 11.5 percent in January from a year earlier, with the proportion of transactions via mobile devices reaching a record high, amid the prolonged Covid-19 pandemic, data showed Thursday.

2022-03-03

Online shopping keeps growing thanks to Covid

According to Statistics Korea Thursday, online purchases totaled 192.9 trillion won ($160 billion) in 2021, up 21 percent from the year before. Purchase on mobile devices broke a record too at 138.2 trillion won, up 27.6 percent.

2022-02-03

Naver looks to expand e-commerce services to Japan

Naver Shopping is a leading player in Korea's cutthroat e-commerce market, outperforming strong competitors like Coupang and eBay Korea. It now wants to take that success overseas, namely to Japan, Southeast Asia and Europe.

2021-12-25

CJ Logistics to invest 2.5 trillion won by 2023

CJ Logistics announced Sunday plans to invest 2.5 trillion won ($2.3 billion) by 2023 to transform into an “innovative technology company.”

2021-11-14

Coupang reports $324 million net loss in the third quarter

Coupang Inc., the New York-listed parent of Korea’s Coupang Corp., lost $324 million in the third quarter, up from the $173 million in the same quarter in 2020.

2021-11-14

Online shopping hits record $41 billion in the third quarter

Online shopping boomed and hit a record last quarter, helped along by social-distancing guidelines. That's the highest total since the number was first compiled in 2001.

2021-11-03

Emart products to be sold on Naver Market Shopping

SSG.com, Shinsegae Group’s online shopping app, will sell its products through Naver’s online grocery market.

2021-10-14

Online shopping up 17 percent in August

Online shopping in 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.

2021-10-05

Online retailers targeting customers in their 40s and 50s

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.

2021-08-01

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