The South Korean Online Retail Market is Expected to Grow at a CAGR of 17% in the Future – Ken Research Marketplace model is the most commonly implemented business model in South Korea online retail market. An online marketplace model involves facilitating transactions between buyers and third party sellers who can interact with each other directly. The marketplace builder becomes the operator and provided customers with a platform to place their transactions. The marketplace operator aggregates… Read More »
South Korea Online Retail Market Outlook to 2019 – Driven by Rising Smartphone Penetration and Advent of Social Commerce South Korea online retail market is expected to reach USD 66 billion by 2019 Future growth of South Korea online retail market is expected to be led by improvement in technology regarding online payments, improved logistics and increased internet penetration The market leader, eBay is expected to maintain focus on Asian markets and providing better… Read More »
