Korea Joongang Daily
Korea JoongAng Daily

Coupang hits user record in August despite membership fee hike

The e-commerce giant recorded an estimated 31.83 million users and $3.67 billion in sales in August to log its best monthly performance ever.

2024-09-05

Online shopping sales slow amid e-commerce platforms’ payment delays

Korea's online shopping sales grew at the slowest rate yet in July as the delay in payments from major e-commerce platforms and extreme heat dampened consumption, Statistics Korea said Monday.

2024-09-02

Sellers abandon Qoo10-owned TMON over non-payment

Problems with receiving payment from e-commerce operators owned by Singapore-based Qoo10 is driving sellers away from the platforms.

2024-07-23

FTC ruling on Coupang's search manipulation may rock e-commerce

The state watchdog's reasoning behind the record fine for Coupang may affect the search algorithms of other retailers.

2024-06-14

Korea's online sellers hop between platforms in search of coupons and promotions

Korean e-commerce sellers are engaging in multihoming, the act of switching between different competing platforms to take advantage of their promotions and tap into various audiences.

2024-06-12

Chinese shopping platform Temu blasted for marketing tactics

Deploying aggressive discounts and benefits to attract young Korean consumers has drawn criticism over an inability to compete.

2024-02-20

Online shopping beats in-store sales for first year ever

Online sales surpassed offline sales in Korea for the first time, accounting for over half of total retail sales, driven by an explosion of online shopping.

2024-01-30

Chinese giant AliExpress boosts Korean delivery amid domestic retail squeeze

AliExpress's aggressive expansion in Korea is a tale of two cities as the Chinese giant boosts the country's delivery industry while spooking domestic retailers by chipping away at their market shares.

2024-01-05

'Made in China' products dominate Black Friday worldwide, data shows

Products stamped with the "Made in China" tag and known for their low prices dominated overseas shopping consumers' wallets this Black Friday, one of the year's largest e-commerce events, according to data published on Tuesday.

2023-11-28

E-commerce sales soar 9.1 percent as more people travel

Online shopping in Korea increased 9.1 percent in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic levels.

2023-09-04