South Korea B2C E-Commerce Report 2011

Printer-friendly versionPDF version

The latest South Korea B2C E-Commerce Report 2011, compiled by Hamburg-based market research firm yStats.com features important B2C E-Commerce facts and figures on South Korea.

Cologne, Germany., December 28, 2011 - (PressReleasePoint) - The latest South Korea B2C E-Commerce Report 2011, compiled by Hamburg-based market research firm yStats.com features important B2C E-Commerce facts and figures on South Korea. In addition to revenue figures, market shares and customers, the report also covers general online use, the latest trends and major competitors.

In 2010, the number of internet users in South Korea rose to more than 35 million. Growth rates were very low in the last few years, given that almost the whole population between 10 and 40 has already been using the internet for a while.

Credit card payment enjoys wide-spread popularity in South Korean B2C E-Commerce

South Koreans seem to be very open toward new technologies. As a result, B2C E-Commerce is very well established. Revenue in this area is expected to generate more than USD 20 billion by 2015. Credit card payments are very popular in this segment. More than 70 % of the total online trade volume is processed using this payment method. In addition to general revenue figures, the yStats.com South Korea B2C E-Commerce Report 2011 also shows the most popular product categories in terms of market volume in 2010. These categories include “Fashion and fashion related products”, “Household appliances” and “Travel arrangements”. Mobile trade is another significant trend in B2C E-Commerce. In 2011, British super market chain Tesco opened a virtual grocery store, where users can purchase products using their smartphones.


yStats.com: South Korea B2C E-Commerce Report 2011

yStats.com: Further Market Reports


markt-studie.de founded in 2002 has emerged as a leading online portal for market surveys and market research in German speaking areas. Four years later the English language portal reports-research.com was introduced due to the extraordinary success of the portal. Again one year later estudio-mercado.es - the Spanish spoken portal - was founded. The objective of the three portals is to competently and efficiently support consultants and decision makers in management, sales and marketing in the search for worldwide market research. Prospective buyers can look into more than 120,000 market surveys from more than 300 international publishers, current market data for more than 6,000 branches worldwide, 10,000 company profiles as well as a free-of-charge research and recommendation service for individual market research.