The Korea Herald


[Monitor] Online shopping volume breaks record in August

By Korea Herald

Published : Oct. 8, 2020 - 11:01

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South Korea’s online shopping volume reached 14.38 trillion won ($12.4 billion) in August, the highest since records began in 2001.

Mobile shopping volume was 9.32 trillion won, surpassing by far the money spent through online shopping on PCs.

Online shopping also accounted for a record breaking 28.6 percent of overall retail sales, up 7.7 percent from the same time last year.

While food delivery services and ready-made meals helped drive sales up as people spent more time at home following a spike in COVID-19 cases, coupled with a long monsoon season, travel and leisure services took a hit.