As AliExpress establishes itself as the secondlargest e-commerce platform in Korea, domestic players are pulling out all the stops to prevent their sellers from migrating to China's newest platforms.
More Koreans are directly purchasing from Chinese online platforms, with the tally surpassing one trillion won ($747.94 million) for the first time in the first six months, according to Statistics Korea.
Parcels purchased from cross-border delivery services are stacked at a logistics center in Incheon's Jung District on Monday morning ahead of the Singles' Day in China, the biggest shopping day in the country, which falls on Nov. 11.
As the dollar appreciates against the local currency, fewer consumers in Korea are going for cross-border shopping. Instead, they are turning to domestic online malls.
As increasing numbers of people shop online, more companies are offering services to help individual sellers enter overseas markets.
Korea JoongAng Daily Sitemap
