Korea Joongang Daily
Korea JoongAng Daily

Qoo10 platforms scramble for takeovers to escape cash crisis

WeMakePrice, TMON and other Qoo10-owned platforms are looking for buyers to unburden themselves from the parent company's liquidity crisis with the CEO's blessing.

2024-08-01

Antitrust regulator reviewing possible sanctions against AliExpress

The Fair Trade Commission has begun the process to sanction AliExpress for dishonesty over its operational system in Korea.

2024-07-01

Cotton swabs sold on Chinese e-commerce platform teeming with germs, warns Seoul

Cotton swabs sold on a Chinese e-commerce website contained about 37 times more germs than the safety standard allowed, the Seoul Metropolitan Government said Wednesday.

2024-06-19

Temu, AliExpress lose users as product safety concerns grow

China’s two major online commerce platforms, Temu and AliExpress, saw their active Korean user bases decline last month, which experts say is due to safety concerns related to their products.

2024-06-04

Relevant agencies to handle foreign product inspections after backlash to original plan

The government announced that multiple agencies will oversee safety inspections for overseas direct purchases after outcry over the original plan.

2024-05-21

Top office apologizes for waffling on safety certification for foreign products

The presidential office apologized for the confusion that ensued from its announcement and quick reversal of the mandate of the Korea Certification for foreign purchases.

2024-05-20

Gov't steps back on tightening regulations on overseas direct purchases

The government revoked its plan to mandate the Korea Certification (KC) mark for certain goods directly purchased from overseas on Sunday, as criticisms arose over the previously announced stringent safety measures.

2024-05-19

AliExpress, Temu sign safety agreement with Korean antitrust watchdog

Korea's antitrust watchdog signed a safety agreement with AliExpress and Temu on Monday, as transaction volumes from the Chinese ecommerce giants soared along with consumer complaints.

2024-05-13

Direct purchases from China hit quarterly high as Temu, AliExpress popularity soars

Korean consumers' direct purchases from China hit a new quarterly high of 938.4 billion won (nearly $677 million) in the first quarter of 2024 due to the growing popularity of Chinese e-commerce platforms Temu and AliExpress.

2024-05-01

Seoul gov't finds carcinogens in children's products from Temu, AliExpress

The Seoul Metropolitan Government announced Thursday that children’s products sold on Chinese e-commerce platforms Temu and AliExpress are contaminated with cancer-causing chemicals.

2024-04-25