Used car prices surge as new car deliveries are delayed

Rising prices and a shortage of new cars has caused a sharp increase in demand for used cars. "Used car prices are surging," said a used car business owner in western Seoul.

2022-05-26

[Lifehacks] Balancing the budget gets a little easier with Korea’s secondhand marketplaces

Whether you live in a dormitory or a studio apartment, everyone has an endless list of everyday essentials they need to buy.

2022-05-04

Kia plans to take on the used car market

Kia will enter Korea’s used car market, the company announced Monday, after regulations that limited the industry to only small businesses was lifted early this year.

2022-04-18

Secondhand car dealers mixed about automakers entering market

On March 17, the Ministry of SMEs and Startups announced that automakers could start selling secondhand cars.

2022-03-29

[THINK ENGLISH] 커지는 중고 명품 판매 시장, 대기업도 뛰어든다

Buying a Chanel bag in Korea has never been more difficult. Big retailers are now tapping into the resale market as secondhand luxury items are the only choice left for customers lusting after high-end designer.

2022-02-16

In the battle for luxury goods, secondhand sellers see success

Buying a Chanel bag in Korea has never been more difficult. Big retailers are now tapping into the resale market as secondhand luxury items are the only choice left for customers lusting after high-end designer.

2022-02-09

Shinsegae adds its allure to second-hand luxury

The Shinsegae Group is getting into the ever-expanding second-hand market for luxury goods like handbags and shoes.

2022-01-24

Used car market should be opened up, says conference

Korea’s used car market needs to be opened up to big companies and even automakers, according to a conference held Monday.

2021-11-08

Pragmatic youth buy used phones despite new model rollouts

Used phones are selling well as a combination of budget conscious consumers and the global chip shortage conspire to lift the market in secondhand tech.

2021-10-11

[INTERVIEW] Karrot's got a good schtick, and investors are lining up

Danggeun Market focuses on going “hyperlocal,” a new buzzword for digital life in Korea as people whittle down the geography of their daily existences. Its main concept is listing things being offered for sale within a six-kilometer radius.

2021-09-05

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