Over the next three years, Naver is promising to build a logistics system that helps vendors on its platform, from farmers to merchants in Dongdaemun’s fashion market.
It’s been little more than a decade since Coupang was established, but the e-commerce operator has been a market disrupter that has set new retail rules.
Coupang is planning to list on the New York Stock Exchange (NYSE) in a $1-billion offering that could make it the largest foreign issuer in the United States since Alibaba.
Online shopping platform WeMakePrice named Ha Song as its new CEO and president.
The Korea Foundation is screening 15 films for free next month as part of its “On:tact 2021 ASEAN Cinema Week.” The films which saw popularity in Asean nations will be available for online viewers via Naver TV's “Asean Cinema Week” from March 12 to..
The retail apocalypse is upon us, as stores shut by the dozen and empty storefronts haunt the shopping districts, and yet the revenue of retailers was up in 2020.
Weeks before Korea’s school year begins, the KDCA chief suggested in a research paper that classrooms should provide in-person learning, stressing that keeping kids at home was “costly at both the individual and societal levels.”
eBay may be selling its Korean unit, which operates Gmarket and Auction.
Live commerce, the wacky but hugely successful format whereby customers are able to chat with an infomercial, has gone mainstream.
Transactions made on e-commerce website Coupang last year reached an estimated 21.75 trillion won ($19.8 billion), up 41 percent from an estimated 15.41 trillion won the previous year