Online shopping sales up 4.1% in Sept. on automobiles, food delivery services
Online shopping sales in Korea rose 4.1 percent in September from a year earlier on stronger demand for automobiles and related products, government data showed Monday. The value of online shopping transactions came to 24.97 trillion won ($18.7 billion) in September, up 975.8 billion won from a year earlier, according to the Ministry of Data and Statistics. The latest findings showed spending on…
The Korea Times reports that online shopping sales in Korea increased by 4.1% in September compared to the previous year, driven by a surge in demand for automobiles and related products. The total value of online shopping transactions reached 24.97 trillion won ($18.7 billion) in September, a rise of 975.8 billion won from the same period last year.
Automobile sales alone saw a significant 30.9% increase, amounting to 1.27 trillion won. Additionally, food delivery services experienced a 4% increase, totaling 3.78 trillion won, while cosmetic product sales surged by an impressive 12.2% to 1.29 trillion won. Smartphones and other mobile devices contributed to 19.08 trillion won in sales, accounting for 76.4% of total online shopping revenue, up by 1 percentage point from the previous year.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
