Monday
January 20, 2020
Gangnam-gu, South Korea
Fine Dust :
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.
Whether you live in a dormitory or a studio apartment, everyone has an endless list of everyday essentials they need to buy.
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.
On March 17, the Ministry of SMEs and Startups announced that automakers could start selling secondhand cars.
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.
The Shinsegae Group is getting into the ever-expanding second-hand market for luxury goods like handbags and shoes.
Korea’s used car market needs to be opened up to big companies and even automakers, according to a conference held Monday.
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.
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.
Korea JoongAng Daily Sitemap